BHAV Acquisition Corp announced that commencing April 16, 2026, holders of its units may elect to separately trade Class A ordinary shares under 'BHAV' and rights under 'BHAVR' on Nasdaq.
Key takeaways
Units consist of one Class A ordinary share and one right to 1/4 Class A share upon initial business combination.
Separated shares and rights to trade on Nasdaq Global Market as 'BHAV' and 'BHAVR'; unsplit units remain 'BHAVU'.
No fractional rights issued; only whole rights will trade.
Holders must instruct brokers to contact transfer agent Continental Stock Transfer & Trust Company for separation.