Space Summit Capital (EWAVU) discloses 10.9% ownership in East West Ave Units
Rhea-AI Filing Summary
Space Summit Capital LLC reports a significant ownership stake in East West Ave Acquisition Corp. Units. As of the reporting date, Space Summit Capital LLC may be deemed the beneficial owner of 1,087,000 Units, representing 10.9% of the total Units outstanding.
The reporting person holds sole voting power and sole dispositive power over all 1,087,000 Units, with no shared voting or dispositive power. The filing is signed by Keith Fleischmann as Managing Member on August 3, 2026.
Positive
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Negative
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Key Figures
Beneficial ownership: 1,087,000 Units
Percent of class: 10.9%
Sole voting power: 1,087,000
+3 more
6 metrics
Beneficial ownership
1,087,000 Units
Units beneficially owned by Space Summit Capital LLC as of the reporting date
Percent of class
10.9%
Percentage of total East West Ave Acquisition Corp. Units outstanding
Sole voting power
1,087,000
Units over which Space Summit Capital LLC holds sole voting power
Shared voting power
0
Units over which Space Summit Capital LLC holds shared voting power
Sole dispositive power
1,087,000
Units over which Space Summit Capital LLC holds sole dispositive power
Shared dispositive power
0
Units over which Space Summit Capital LLC holds shared dispositive power
Key Terms
beneficial owner, sole voting power, sole dispositive power, Schedule 13G
4 terms
beneficial owner financial
"the Reporting Person may be deemed to be the beneficial owner of 1,087,000 Units"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
sole voting power financial
"Sole Voting Power 1,087,000.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole Dispositive Power 1,087,000.00"
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.
Schedule 13G regulatory
"Space Summit Capital LLC files Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of East West Ave Acquisition Corp. (EWAVU) Units does Space Summit Capital LLC own?
Space Summit Capital LLC may be deemed to beneficially own 10.9% of East West Ave Acquisition Corp. Units, based on 1,087,000 Units relative to the total Units outstanding as of the reporting date.
How many East West Ave Acquisition Corp. (EWAVU) Units are beneficially owned by Space Summit Capital LLC?
Space Summit Capital LLC reports beneficial ownership of 1,087,000 Units of East West Ave Acquisition Corp., with sole voting and dispositive power over all of these Units and no shared control reported.
What dispositive power does Space Summit Capital LLC report over EWAVU Units?
Space Summit Capital LLC reports sole dispositive power over 1,087,000 Units and shared dispositive power of 0, meaning it alone directs how these Units may be disposed of, with no shared authority disclosed.
Who signed the Schedule 13G for East West Ave Acquisition Corp. (EWAVU)?
The Schedule 13G is signed by Keith Fleischmann, acting as Managing Member of Space Summit Capital LLC, dated August 3, 2026, as the authorized signatory for the reporting person.