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BHAV to take Nemi public via business merger

PUBLIC · BHAVNov 05, 2026

Acquiring Company

BHAV Acquisition

Acquired Company

Nemi

United StatesTexasFinancial ServicesFinanceGovernmentManufacturingAutomotive

Description

BHAV Acquisition Corp and Nemi Corp. have entered into a definitive business combination agreement that would take Nemi public at a $400 million pre-money equity value. Following the transaction, Nemi will be the listed parent company and expects to trade on Nasdaq under the ticker NEMI. The business combination is expected to close in the first quarter of 2027, subject to shareholder and regulatory approvals.

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Company Information

Company

BHAV Acquisition

Location

United States

About

The company's business primarily revolves around operating in the financial services industry, particularly focusing on its public listings and trading activities on the Nasdaq Global Market. The firm aims to enhance its board governance by appointing independent directors with specific expertise, such as audit committee financial expertise, to improve its oversight and compliance standards. The company's strategic focus includes ensuring robust corporate governance structures, as evidenced by the establishment of various board committees. Recent developments include the appointment of three independent directors, which strengthens the board and aligns with regulatory standards in corporate governance.

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Frequently asked

Who acquired Nemi?

Nemi was acquired by BHAV Acquisition, based in United States. The deal was reported on November 5, 2026. The company's business primarily revolves around operating in the financial services industry, particularly focusing on its public listings and trading activities on the Nasdaq Global Market. BHAV Acquisition is publicly traded (BHAV) and operates in Financial Services.

When did BHAV Acquisition acquire Nemi?

BHAV Acquisition's acquisition of Nemi was reported on November 5, 2026. BHAV Acquisition Corp and Nemi Corp. have entered into a definitive business combination agreement that would take Nemi public at a $400 million pre-money equity value. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nemi do?

Nemi Corp. is a Physical AI and Manufacturing-as-a-Service company building the Large Manufacturing Model. It is privately held, operating in Manufacturing, and is based in Texas.

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