BHAV Acquisition Corp II Prices $100 Mln IPO At $10/unit

India, Oct. 29 -- BHAV Acquisition Corp II, a blank-check company formed to pursue a business combination, on Wednesday announced that it priced its initial public offering of 10 million units at $10 per unit, raising $100 million.

The company said the offering is expected to close on October 30.

The company said each unit consists of one Class A ordinary share and one right.

And each right entitles the holder to receive one-fourth of one Class A ordinary share upon completion of the company's initial business combination.

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The units are expected to begin trading on the Nasdaq Global Market on October 29 under the ticker symbol BHAIU.

The Class A ordin...