# East West Ave Acquisition Corp. (EWAV) — capital_raise/private_placement [announced]
Source: SEC API (secapi.ai) · situation sit_863cf3a2048b344a2939 · retrieved 2026-08-12T07:18:51.840Z

## Overview
East West Ave Acquisition Corp. is a blank-check company incorporated in Nevada that was formed to identify and complete an initial business combination with one or more operating businesses.

East West Ave Acquisition Corp., a blank-check company, completed its initial public offering on August 3, 2026, selling 10,000,000 units at $10.00 per unit for gross proceeds of $100,000,000. Each unit consists of one share of common stock and one right to acquire one-fourth of one share upon completion of an initial business combination. Concurrently, the company's sponsors—East West Avenue LLC (192,500 units) and NFR Capital Limited (80,000 units)—purchased 272,500 private units at $10.00 per unit for aggregate proceeds of $2,725,000. A total of $100,500,000 from the IPO and private placement proceeds (net of transaction expenses and working capital) was placed in a trust account for the benefit of public shareholders, to be released only upon completion of a business combination, redemption of public shares, or liquidation if no business combination is completed within 12 months (or 15 months if a definitive agreement is entered into by August 3, 2027).

## Terms
- Counterparty: Public shareholders and sponsors (East West Avenue LLC, NFR Capital Limited) · Consideration: cash · Price/share: $10

## Key dates
- Announced 2026-08-05

## Timeline
- 2026-08-05 · 8-K (0001493152-26-036082): 8-K - East West Ave Acquisition Corp. — *East West Ave Acquisition Corp. is a blank-check company incorporated in Nevada that was formed to identify and complete an initial business combination with one or more operating businesses.* East West Ave Acquisition Corp., a blank-check company, completed its initial public offering on August 3, 2026, selling 10,000,000 units at $10.00 per unit for gross proceeds of $100,000,000. Each unit consists of one share of common stock and one right to acquire one-fourth of one share upon completion of an initial business combination. Concurrently, the company's sponsors—East West Avenue LLC (192,500 units) and NFR Capital Limited (80,000 units)—purchased 272,500 private units at $10.00 per unit for aggregate proceeds of $2,725,000. A total of $100,500,000 from the IPO and private placement proceeds (net of transaction expenses and working capital) was placed in a trust account for the benefit of public shareholders, to be released only upon completion of a business combination, redemption of public shares, or liquidation if no business combination is completed within 12 months (or 15 months if a definitive agreement is entered into by August 3, 2027).
  https://www.sec.gov/Archives/edgar/data/2100704/0001493152-26-036082.txt

## Citations
- 0001493152-26-036082 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226036082