Corporate ActionAug 11, 2026, 09:16 AM
East West Ave Acquisition Corp. Units to Separate into Stock & Rights
AI Summary
East West Ave Acquisition Corp. announced that, effective August 14, 2026, holders of its 10,000,000 units from the initial public offering may elect to separately trade the common stock and rights included in the units. Unseparated units will continue to trade under "EWAVU" on NASDAQ, while separated common stock and rights will trade under "EWAV" and "EWAVR" respectively. Holders need to contact their brokers to facilitate the separation through VStock Transfer LLC.
Key Highlights
- Units will separate into common stock and rights starting August 14, 2026.
- 10,000,000 units from the initial public offering are affected.
- Unseparated units will continue to trade as "EWAVU" on NASDAQ.
- Separated common stock will trade as "EWAV" on NASDAQ.
- Separated rights will trade as "EWAVR" on NASDAQ.
- Holders must contact VStock Transfer LLC via their brokers to separate units.
- D. Boral Capital LLC was the sole book-running manager for the initial offering.
Price Impact
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