East West Ave Acquisition Corp. closes $100M IPO; trust account funded with $100.5M

East West Ave Acquisition Corp.

IPO of 10M units at $10/unit, gross proceeds $100M; units trade on Nasdaq under EWAVU.
Concurrent private placement of 272,500 private units to sponsors for $2.725M.
Trust account holds $100.5M from IPO and private placement proceeds.
New directors appointed: Samir Parikh, Irfan Verjee, Masahiro Honna; Honna chairs audit committee.
Company has 12 months (or 15 with definitive agreement by Aug 3, 2027) to complete initial business combination.

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