STOCK TITAN

East West Ave Acquisition Corp. (EWAVU) holders disclose 7% stake via units

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

CVI Investments, Inc. and Heights Capital Management, Inc. report beneficial ownership of 900,000 shares of East West Ave Acquisition Corp. common stock, representing 7.0% of the class. The position is held through units, each consisting of one share and a right to receive one-fourth of a share upon completion of an initial business combination. Heights Capital Management, Inc., as investment manager to CVI Investments, Inc., may exercise shared voting and dispositive power over these shares, and both reporting persons disclaim beneficial ownership beyond their pecuniary interest. The company’s prospectus indicates 12,847,500 shares outstanding upon completion of the unit offering.

Positive

  • None.

Negative

  • None.
Beneficially owned shares 900,000 shares Common stock of East West Ave Acquisition Corp. reported by each reporting person
Percent of class 7.0% Ownership percentage of East West Ave Acquisition Corp. common stock
Shares outstanding 12,847,500 shares Common stock outstanding upon completion of the unit offering in the prospectus
Unit structure 1 share + right to 1/4 share Each unit includes one common share and one right to receive one-fourth of a share
Par value $0.0001 per share Par value of East West Ave Acquisition Corp. common stock
beneficial owner financial
"may be deemed to be the beneficial owner of all Shares owned by CVI"
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.
pecuniary interest financial
"disclaims any beneficial ownership of any such Shares, except for their pecuniary interest"
Schedule 13G regulatory
"This statement is filed by the entities listed below, who are collectively"
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.
Limited Power of Attorney legal
"serves as authorized agent of CVI Investments, Inc. pursuant to a Limited Power of Attorney"
Joint Filing Agreement legal
"EXHIBIT INDEX EXHIBIT DESCRIPTION 24 Limited Power of Attorney 99 Joint Filing Agreement"

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

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FAQ

What ownership stake in EWAVU do CVI Investments and Heights Capital report?

CVI Investments and Heights Capital report beneficial ownership of 900,000 shares of East West Ave Acquisition Corp., representing 7.0% of the outstanding common stock as indicated in the company’s prospectus after completion of its unit offering.

How are the EWAVU securities held by the reporting persons structured?

The reported EWAVU position is held as units, each consisting of one common share and one right to receive one-fourth of a share upon consummation of an initial business combination, as described in the company’s prospectus.

What is Heights Capital Management’s role regarding EWAVU shares?

Heights Capital Management, Inc. acts as investment manager to CVI Investments, Inc. and may exercise shared voting and dispositive power over the 900,000 EWAVU shares reported. Both entities disclaim beneficial ownership beyond their pecuniary interest in the securities.

How many EWAVU shares were outstanding at the time referenced?

The company’s prospectus indicates there were 12,847,500 shares of East West Ave Acquisition Corp. common stock outstanding upon completion of the referenced unit offering, providing the baseline used to calculate the reported 7.0% ownership stake.

Who signed the Schedule 13G filing for EWAVU on behalf of the reporting persons?

The Schedule 13G was signed by Sarah Travis, Assistant General Counsel and Assistant Secretary of Heights Capital Management, Inc., on August 7, 2026. Heights Capital acted as authorized agent for CVI Investments, Inc. under a Limited Power of Attorney.





275913200

(CUSIP Number)
07/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: With respect to Row 6 and Row 8 above, Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over the shares reported as beneficially owned by CVI Investments, Inc. herein.


SCHEDULE 13G




Comment for Type of Reporting Person: With respect to Row 6 and Row 8 above, Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over the shares reported as beneficially owned by CVI Investments, Inc. herein.


SCHEDULE 13G



CVI Investments, Inc.
Signature:/s/ Sarah Travis
Name/Title:Sarah Travis, Assistant General Counsel and Assistant Secretary of Heights Capital Management, Inc.
Date:08/07/2026
Heights Capital Management, Inc.
Signature:/s/ Sarah Travis
Name/Title:Sarah Travis, Assistant General Counsel and Assistant Secretary
Date:08/07/2026

Comments accompanying signature: Heights Capital Management, Inc. serves as authorized agent of CVI Investments, Inc. pursuant to a Limited Power of Attorney, a copy of which is attached as Exhibit 24 hereto.
Exhibit Information

EXHIBIT INDEX EXHIBIT DESCRIPTION ________ ________ 24 Limited Power of Attorney 99 Joint Filing Agreement