East West Ave Acquisition closes $100M IPO and $2.725M private placement

East West Ave Acquisition Corp.

IPO of 10,000,000 units at $10.00/unit, gross proceeds $100,000,000.
Private sale of 272,500 units to sponsors (East West Avenue LLC, NFR Capital) for $2,725,000.
Total $100,500,000 placed in trust account with Equiniti Trust Company; $867,845 cash outside trust.
Underwriters' over-allotment option waived; 375,000 founder shares forfeited.
Going concern doubt raised; must complete business combination by Aug 2027 or liquidate.

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