Physical AI and Manufacturing Company Nemi to Go Public at a $400 Million Pre-Money Equity Value Through Business Combination with BHAV Acquisition Corp

Source: The Manila times
Published on: 2026-11-05 13:57

Nemi Is Developing its Large Manufacturing Model, an AI-Powered Platform Designed to Automate Product Design, Engineering and Manufacturing End-to-End While Reducing Costs and Lead Times Nemi Operates 300,000+ Square Feet of Manufacturing Operations, Serving Over 50 Enterprise Customers Across Aerospace, Defense and Automotive Markets Worldwide STAFFORD, Texas and PISCATAWAY, N.J., Nov. 05, 2026 (GLOBE NEWSWIRE) -- Nemi Corp. ("Nemi" or the "Company"), a Physical AI and Manufacturing-as-a-Service company building the Large Manufacturing Model ("LMM"), and BHAV Acquisition Corp (Nasdaq: BHAV) ("BHAV"), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the "Business Combination Agreement", and the transaction, the "Business Combination"). The Business Combination is expected to close in the firs...

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