Feis Equities LLC (EWAVU) discloses 7.34% East West Ave Acquisition stake in 13G
Rhea-AI Filing Summary
East West Ave Acquisition Corp. has a significant shareholder disclosure from Feis Equities LLC and Lawrence M. Feis. They report beneficial ownership of 733,561 shares of common stock, representing 7.34% of the class, based on 10,000,000 shares outstanding as of August 3, 2026.
Both reporting persons have sole voting and sole dispositive power over all 733,561 shares, with no shared voting or dispositive authority. The filing is made jointly by Feis Equities LLC and Lawrence M. Feis under a Schedule 13G, reflecting a passive ownership position.
Positive
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Negative
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Key Figures
Beneficially owned shares: 733,561 shares
Ownership percentage: 7.34%
Shares outstanding: 10,000,000 shares
+2 more
5 metrics
Beneficially owned shares
733,561 shares
Common stock beneficially owned by Feis Equities LLC and Lawrence M. Feis
Ownership percentage
7.34%
Percentage of common stock class owned by the reporting persons
Shares outstanding
10,000,000 shares
Common stock shares outstanding as of August 3, 2026
Sole voting power
733,561 shares
Shares over which the reporting persons have sole power to vote
Sole dispositive power
733,561 shares
Shares over which the reporting persons have sole power to dispose
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 733,561"
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 Voting Power financial
"5 | Sole Voting Power 733,561.00 6 | Shared Voting Power 0.00"
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
"7 | Sole Dispositive Power 733,561.00 8 | Shared Dispositive Power 0.00"
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
"form_type: "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.
CUSIP Number financial
"(e) | CUSIP Number(s): 275913200"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of East West Ave Acquisition Corp. (EWAVU) is owned by Feis Equities LLC and Lawrence M. Feis?
They report owning 7.34% of East West Ave Acquisition Corp.’s common stock. This percentage is based on 10,000,000 shares outstanding as of August 3, 2026, as referenced from the issuer’s 8-K.
What is the basis for the 7.34% ownership figure in the EWAVU Schedule 13G?
The 7.34% ownership is calculated using 10,000,000 East West Ave Acquisition Corp. common shares outstanding. That share count is as of August 3, 2026, as reported by the issuer in an 8-K filed August 5, 2026.
Who are the reporting persons in the East West Ave Acquisition Corp. (EWAVU) Schedule 13G?
The Schedule 13G lists Feis Equities LLC and Lawrence M. Feis as reporting persons. Both share the same business address at 1740 Waukegan Road, Suite 206, Glenview, Illinois 60025 and jointly file under a reported joint filing agreement.
Is the EWAVU Schedule 13G filing by Feis Equities LLC considered a passive investment?
The ownership is reported on Schedule 13G, which is typically used for passive beneficial ownership. The filing discloses their stake and control rights but does not itself state any activist or control-seeking intent.