Here are the 424B prospectus supplements from East West Ave Acquisition Corp. Units (EWAVU) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, 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., a Nevada-incorporated blank check company, is conducting a $100,000,000 initial public offering of 10,000,000 units at $10.00 per unit. Each unit consists of one share of common stock and one right, with every four rights delivering one additional share after a business combination.
Sponsors East West Avenue LLC and NFR Capital Limited will purchase 272,500 private units at $10.00 per unit for $2,725,000, and previously acquired 2,875,000 founder shares for $25,000, or $0.0087 per share. $100,500,000 of proceeds ($10.05 per unit) will be placed in a U.S. trust account, rising to $115,575,000 if the over-allotment option is fully exercised. Public shareholders may redeem their shares upon the initial business combination, subject to a 15% holder cap and a $5,000,001 net tangible asset requirement, or will receive trust funds if no deal is completed within 12 months (or 15 months if a definitive agreement is signed within 12 months).