BHAV Acquisition to Separate Units April 16, Listing Shares as BHAV and Rights as BHAVR
BHAV Acquisition Corp will commence separate trading of Class A ordinary shares and rights on April 16, 2026, listing shares under symbol BHAV and rights under BHAVR on Nasdaq’s Global Market tier. Each right entitles holders to receive one-fourth of a Class A share upon consummation of a business combination.
1. Separate Trading Commencement
BHAV Acquisition Corp announced that its units will separate into Class A ordinary shares and rights on April 16, 2026, enabling distinct trading of each component.
2. Trading Symbols and Market Tier
Following separation, Class A ordinary shares will trade under the symbol BHAV and rights will trade under the symbol BHAVR on Nasdaq’s Global Market tier, with no fractional rights issued.
3. Unit Separation Process
Holders seeking to split units must instruct their brokers to contact Continental Stock Transfer & Trust Company, the transfer agent responsible for processing the separation.
4. Rights Conversion and Unsplitted Units
Any units that remain intact will continue trading under the original symbol BHAVU until consummation of the company’s initial business combination, at which point each right converts to one-fourth of a Class A share.