Appleby Advises Bhav Acquisition Corp in Its USD100M Initial Public Offering
Appleby is pleased to announce that it acted as Cayman Islands legal counsel to BHAV Acquisition Corp (BHAV Acquisition) in connection to its initial public offering of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right. Each right entitles the holder to receive one-fourth (1/4) of one Class A ordinary share upon consummation of BHAV Acquisition’s initial business combination.
The units began trading on the Nasdaq Global Market (Nasdaq) under the ticker symbol “BHAVU” on March 19, 2026. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to trade on Nasdaq under the symbols “BHAV” and “BHAVR,” respectively.
The Appleby Capital Markets team was led by Partner Alexandra Low, with Jared Awe, Paralegal Sophia Cunningham, and other members of the corporate team.
Appleby continues to play a key role in major IPO and public-market matters worldwide.
