Bhav Acquisition II announces publication of independent auditor's report
BHAV•WithumSmith+Brown issued an unqualified report on Bhav Acquisition Corp. II’s October 30, 2026, balance sheet, but said mandatory liquidation raises substantial doubt about its ability to continue as a going concern unless a business combination closes by June 30, 2027.
1. Auditor’s findings
WithumSmith+Brown’s report, dated November 5, 2026, concluded that Bhav Acquisition Corp. II’s balance sheet fairly presents its financial position in all material respects under U.S. generally accepted accounting principles. The report said mandatory liquidation raises substantial doubt about the company’s ability to continue as a going concern unless it closes a business combination by June 30, 2027.
