Here are the 10-Q quarterly reports from East West Ave Acquisition Corp. Units (EWAVU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow EWAVU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EWAVU filings page.
East West Ave Acquisition Corp. (EWAV), a blank-check company pursuing a business combination, reported net income of $136,744 for the three months ended August 31, 2026. Quarterly results included $286,509 of Trust Account interest, $118,345 in formation and operating costs, and $31,420 in income tax expense; nine-month net income was $118,199. The company had not begun operations and said it does not expect operating revenue before a business combination.
As of August 31, 2026, the Trust Account held $100,786,509, and cash outside it was $684,291. The balance sheet classified 10,000,000 common shares as subject to possible redemption at $10.08 per share. EWAV completed its IPO of 10,000,000 units at $10.00 each on August 3, 2026, generating $100,000,000 in gross proceeds. Its initial business-combination deadline is August 3, 2027; it may extend to November 3, 2027 if it enters a definitive agreement within 12 months of the IPO closing. Management said the liquidation requirement and redeemable shares raise substantial doubt about its ability to continue as a going concern for at least one year from issuance of the financial statements.
East West Ave Acquisition Corp., a Nevada blank check company, reported a net loss of $13,455 for the three months ended May 31, 2026 and an accumulated deficit of $27,107 since inception. As of that date it held cash of $831,306, total assets of $1,157,738 and a working capital deficit of $228,539, with shareholder’s equity slightly negative.
After quarter-end, the company completed its SPAC IPO, selling 10,000,000 units at $10.00 each and 272,500 private units, and placing $100,500,000 into a U.S. Trust Account, with $852,500 remaining outside for operating needs. Each unit includes one share and a right to receive one-fourth of a share upon a business combination.
Management states there is substantial doubt about the company’s ability to continue as a going concern within one year, as it has no revenues and depends on sponsor financing and completing a qualifying business combination within 12–15 months of the IPO.