STOCK TITAN

East West Ave Acquisition Corp. (EWAVU) sponsor reports 15.12% ownership stake

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

East West Avenue LLC, referred to as Sponsor A, reports beneficial ownership of 1,942,500 shares of East West Ave Acquisition Corp. common stock, representing 15.12% of the 2,847,500 shares outstanding as of August 3, 2026. All of these shares are held with sole voting and dispositive power.

The position includes 1,750,000 insider founder shares and 192,500 shares underlying private placement units purchased in connection with the issuer’s initial public offering. Sponsor A initially acquired founder shares for $5,000 on November 8, 2025, and received additional dividend shares for $20,000, for an aggregate per-share cost of $0.0087. It later transferred 560,000 founder shares to another sponsor and 190,000 founder shares to certain directors and officers.

Sponsor A states it may acquire additional shares depending on market and other conditions but, apart from such potential purchases, does not currently have plans relating to mergers, major asset sales, board changes, or other transformative corporate actions involving East West Ave Acquisition Corp.

Positive

  • None.

Negative

  • None.

Filing Explained

The completed August 10 Schedule 13D changes Sponsor A’s disclosure posture from the recent Schedule 13G records: under the supplied definition, Schedule 13D covers a holder that may seek to influence control, although this filing reports no current governance or transformative proposal.

Sources and calculations
Beneficially owned shares 1,942,500 shares Common stock beneficially owned by East West Avenue LLC as of August 3, 2026
Ownership percentage 15.12 % Percentage of East West Ave Acquisition Corp. common stock outstanding as of August 3, 2026
Shares outstanding 2,847,500 shares Total common shares outstanding for East West Ave Acquisition Corp. as of August 3, 2026
Founder shares originally acquired 20,000 shares for $5,000 Founder shares purchased by Sponsor A on November 8, 2025
Dividend founder shares 2,855,000 shares for $20,000 Dividend founder shares issued November 20, 2025 to Sponsor A
Effective founder share price $0.0087 per share Aggregate per share consideration for founder shares held by Sponsor A
Founder shares transferred to Sponsor B 560,000 shares for $4,872 Transferred under securities transfer agreement with NFR Capital Limited
Private placement units 192,500 units Private placement units acquired by Sponsor A on August 3, 2026
founder shares financial
"paid $5,000 in exchange for 20,000 founder shares, or approximately $0.25 per share"
Founder shares are the ownership stakes given to the people who start a company, often with extra voting power or protections compared with ordinary shares. For investors, they matter because founders’ control and incentives influence decisions about strategy, hiring, and whether the company sells or stays independent — like a family that keeps majority voting rights in a household decision. High founder ownership can mean stable leadership but also a risk that outside shareholders have less influence.
private placement units financial
"the Sponsor A acquired 192,500 private placement units in the private placement"
Securities Transfer Agreement regulatory
"Pursuant to certain securities transfer agreement dated March 5, 2026 the Sponsor A entered into"
beneficially owned financial
"The aggregate number and percentage of shares of Common Stock beneficially or directly owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power financial
"Sole Dispositive Power 1,942,500.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

FAQ

How much of East West Ave Acquisition Corp. (EWAVU) does East West Avenue LLC own?

East West Avenue LLC reports beneficial ownership of 1,942,500 shares of East West Ave Acquisition Corp., representing 15.12% of the 2,847,500 common shares outstanding as of August 3, 2026. All reported shares are held with sole voting and dispositive power.

What securities make up East West Avenue LLC’s 1,942,500-share stake in EWAVU?

The 1,942,500 shares include 1,750,000 founder shares and 192,500 shares of common stock underlying private placement units. Each private placement unit consists of one share of common stock and one right to receive one-fourth of a share.

What price did East West Avenue LLC effectively pay for its founder shares of EWAVU?

Sponsor A initially paid $5,000 for 20,000 founder shares and $20,000 for additional dividend shares, resulting in an aggregate per-share consideration of $0.0087. This effective price also applied to 560,000 founder shares later transferred to another sponsor.

Has East West Avenue LLC transferred any EWAVU founder shares to others?

Yes. Sponsor A transferred 560,000 founder shares to NFR Capital Limited under a March 5, 2026 securities transfer agreement and 190,000 founder shares to certain directors and officers, including Maoli Huang and others, under a July 30, 2026 agreement.

Could East West Avenue LLC change its ownership position in EWAVU in the future?

Sponsor A indicates it may acquire additional shares of common stock depending on market, economic and other conditions. Potential acquisitions could occur via open-market purchases, privately negotiated transactions, or direct purchases from East West Ave Acquisition Corp.

Does East West Avenue LLC currently plan major corporate actions involving EWAVU?

Apart from potential share acquisitions, Sponsor A states it has no current plans for actions such as mergers, major asset sales, board changes, or changes to capitalization, dividend policy, or listing status of East West Ave Acquisition Corp.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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275913101

(CUSIP Number)
East West Avenue LLC
131 Continental Drive Suite 305,
Newark, DE, 19713
626-773-1428

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/03/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
(1) Includes (i) 1,750,000 shares of common stock, par value $0.0001 per share (the "Common Stock"), of East West Ave Acquisition Corp. (the "Issuer"), also referred to as insider shares, held by East West Avenue LLC (the "Sponsor A"); and (ii) 192,500 shares of Common Stock, underlying 192,500 private placement units acquired by the Sponsor A in a private placement simultaneously with the consummation of the Issuer's initial public offering. Each private placement unit consists of one share of Common Stock, and one right to receive one-fourth (1/4) of one share of Common Stock. (2) The Sponsor A is the record holder of the shares of Common Stock reported herein.


SCHEDULE 13D


East West Avenue LLC
Signature:/s/ Maoli (Molly) Huang
Name/Title:Maoli (Molly) Huang/ Manager
Date:08/10/2026