BOA Acquisition Corp. II IPO Pricing
Analysis based on 8 articles · First reported Aug 04, 2026 · Last updated Aug 04, 2026
The IPO provides BHAV Acquisition Corp with $125 million in gross proceeds to pursue a business combination, potentially boosting its ability to acquire targets in real estate and infrastructure. The offering adds a new SPAC to the market, which may slightly increase activity in the SPAC sector and provide opportunities for investors seeking exposure to infrastructure and energy assets.
BHAV Acquisition Corp, a special purpose acquisition company, priced its initial public offering of 12,500,000 units at $10.00 per unit, raising $125 million. The units are expected to begin trading on the Nasdaq Global Market under the ticker symbol 'THEOU' on August 4, 2026, with the offering expected to close on August 5, 2026. Each unit consists of one Class A ordinary share and one right to receive one additional Class A ordinary share upon consummation of the company's initial business combination. The company intends to focus its acquisition search on direct investments in real estate and infrastructure assets, particularly in the energy, telecommunications, and transportation sectors. D. Boral Capital LLC is acting as sole book-running manager, and the company has granted underwriters a 45-day option to purchase up to 1,875,000 additional units to cover over-allotments. The United States — United States Securities and Exchange Commission declared the company's registration statement effective on August 3, 2026.
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