East West Avenue LLC holds 15.12% of East West Ave
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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
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
- Schedule 13D filed by East West Avenue LLC (2026-08-10)
- Schedule 13D/13G purpose (current)
- Schedule 13G filing (2026-08-07)
- Schedule 13G filing (2026-08-05)
Key Figures
Key Terms
private placement units financial
Securities Transfer Agreement regulatory
beneficially owned financial
sole dispositive power financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much of East West Ave Acquisition Corp. (EWAVU) does East West Avenue LLC own?
Could East West Avenue LLC change its ownership position in EWAVU in the future?
Does East West Avenue LLC currently plan major corporate actions involving EWAVU?
AI-generated analysis. How Rhea-AI works. Not financial advice.