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AI brief of an SEC Form 8-K · BHAV Acquisition Corp (BHAV)

BHAV Acquisition to combine with Nemi Corp. at $400 million pre-money equity value

Neutral Impact 4 of 5 m&a Written later

BHAV Acquisition Corp, a blank check company, and Nemi Corp., a physical AI and manufacturing company, signed a definitive business combination agreement under which Nemi would become a public company listed on Nasdaq under the ticker NEMI. The deal sets Nemi's pre-money equity value at $400 million and is expected to close in the first quarter of 2027, subject to shareholder, regulatory and other approvals, so BHAV shareholders will vote on it and may redeem their shares.

Key points

  • Nemi's pre-money equity value is set at $400 million, or 40,000,000 shares at $10.00 per share.
  • Nemi targets a $50 million PIPE at $10.00 per share; with full PIPE funding and no redemptions, about $142.5 million of cash is expected at closing from BHAV's $100 million trust account and the PIPE.
  • A minimum available closing cash condition of $30 million applies, which the parties may waive.
  • Closing is expected in the first quarter of 2027; the agreement can be terminated if the deal is not completed by June 20, 2027.

The filing

CompanyBHAV Acquisition Corp (BHAV)
Form8-K, current report
Filed with the SECNov 5, 2026, 9:00 AM ET
Accession number0001213900-26-116148

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.