The company sold 10,000,000 units generating $100,000,000 gross proceeds. Each unit contains one common share and one right to one-fourth share upon business combination.
Sponsors purchased 272,500 private units at $10.00 each for $2,725,000 concurrent with the IPO.
$100,500,000 was placed in the trust account with Equiniti Trust Company, LLC.
The company has 12 months from closing to complete a business combination, extendable to 15 months upon signing a definitive agreement within the initial period.
No over-allotment option was exercised. An audited balance sheet as of August 3, 2026 is filed as Exhibit 99.1.
Pulse Impact
- Previous Pulse: 58
- New Pulse: 58
- Change: Unchanged
- Driver: 8-K did not change the live Pulse reading.
East West Ave Acquisition Corp. Form 8-K (2026-08-10)
Not investment advice. Facts taken from the company’s Form 8-K.