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BHAV Acquisition net income swings to $12,001 in Q1 FY26

PUBT·05/15/2026 20:13:09
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BHAV Acquisition net income swings to $12,001 in Q1 FY26
  • BHAV Acquisition posted net income of $12,001 for the three months ended March 31, 2026, with interest income from Trust Account marketable securities of $87,917.
  • General and administrative expenses totaled $106,597, while interest expense on financed loan liability was $319.
  • Cash was $1.03 million at March 31, 2026, with working capital of $824,519; marketable securities held in the Trust Account were $100.09 million.
  • Initial public offering of 10,000,000 units raised gross proceeds of $100 million, with 200,000 private placement units adding $2 million; $100 million was placed into the Trust Account.
  • Management said it had not selected a business-combination target or initiated substantive discussions, with an initial deal deadline of June 20, 2027, subject to extension.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BHAV Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-057718), on May 15, 2026, and is solely responsible for the information contained therein.