East West Ave Acquisition closes USD 100 million IPO of 10,000,000 units at USD 10 each - EWAVU News | RalliesEast West Ave Acquisition closes USD 100 million IPO of 10,000,000 units at USD 10 each
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EWAVU• IPO details
- East West Ave Acquisition Corp. closed a $100 million IPO of 10,000,000 units priced at $10 per unit.
- The units began trading July 30, 2026 on the Nasdaq Global Market under the symbol EWAVU.
- Each unit includes one common share, one right to receive one-fourth of a common share upon an initial business combination.
- Separate trading is expected to list the common stock as EWAV and rights as EWAVR on Nasdaq.
- D. Boral Capital served as sole book-running manager; underwriters hold an option for 1,500,000 additional units.
