BHAV Partners LLC sold BHAV
May 3, 2026 · Form 4 insider transaction
BHAV Partners LLC sold 500,000 shares of BHAV Acquisition Corp, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
The Class B ordinary shares held by BHAV Partners LLC (the "Sponsor") were acquired pursuant to a subscription agreement by and between the Sponsor and BHAV Acquisition Corp (the "Issuer"). These Class B ordinary shares will automatically convert into Class A ordinary shares of the Issuer at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments in the Issuer's amended and restated memorandum and articles of association, or earlier at the option of the holder, and have no expiration date.; As described in the registration statement on Form S-1 (File No. 333-293399) of the Issuer, 500,000 Class B ordinary shares held by the Sponsor were automatically forfeited upon expiration of the underwriters' over-allotment option granted to the underwriters in connection with the Issuer's initial public offering.; The reporting person, BHAV Partners LLC, in whose name the securities reported herein are held, is managed by its managing member, Giri Devanur. Mr. Devanur is also the Chief Executive Officer and director of the Issuer. Mr. Devanur holds voting and investment discretion with respect to the securities held of record by the Sponsor. Mr. Devanur may be deemed a beneficial owner of securities held by the Sponsor but he disclaims beneficial ownership of any such securities except to the extent of their respective pecuniary interest therein.