Harvard Ave Acquisition Corp

Previous wording

For the three months ended March 31, 2026, we had a net income of $1,135,236, which consisted of interest earned on investments held in Trust Account of $1,297,183, partially offset by formation and operating costs of $161,947.

Current wording

For the three months ended June 30, 2026, we had a net income of $1,064,438, which consisted of interest earned on investments held in Trust Account of $1,312,067, partially offset by formation and operating costs of $247,629.

Previous wording

For the three months ended March 31, 2025, we had a net loss of $21,822, which consisted primarily of formation and operating costs.

Current wording

For the three months ended June 30, 2025, we had a net loss of $42,348, which consisted primarily of formation and operating costs.

Previous wording

For the three months ended March 31, 2026, net cash provided by operating activities was $8,488. Net income of $1,135,236 was offset by interest earned on investments held in Trust Account of $1,297,183. Changes in operating assets and liabilities, which provided $170,435 cash for operating activities.

Current wording

For the six months ended June 30, 2026, net cash provided by operating activities was $28,488. Net income of $2,199,674 was offset by interest earned on investments held in Trust Account of $2,609,250. Changes in operating assets and liabilities, which provided $438,064 cash for operating activities.

Previous wording

For the three months ended March 31, 2025, net cash used in operating activities was $20,493. Net loss of $21,822 was offset by payment of operation costs through promissory note - related party of $32,675. Changes in operating assets and liabilities, which used $31,346 cash in operating activities.

Current wording

For the six months ended June 30, 2025, net cash used in operating activities was $61,743. Net loss of $64,170 was offset by payment of operation costs through promissory note - related party of $32,675. Changes in operating assets and liabilities, which used $30,248 of cash in operating activities.

Previous wording

For the three months ended March 31, 2026 and 2025, net cash used in investing activities was nil.

Current wording

For the six months ended June 30, 2026 and 2025, net cash used in investing activities was nil.

Previous wording

For the three months ended March 31, 2026, net cash used in financing activities was $8,488, which consists of repayment of due to Sponsors of $5,668 and repayment of promissory note - related party of $2,820.

Current wording

For the six months ended June 30, 2026, net cash used in financing activities was $28,488, which consists of repayment of due to Sponsors of $5,668 and repayment of promissory note - related party of $22,820.

Previous wording

For the three months ended March 31, 2025, net cash provided by financing activities was $20,493, which consists of proceeds from promissory note - related party of $138,818, partially offset by payment of offering costs of $118,325.

Current wording

For the six months ended June 30, 2025, net cash provided by financing activities was $61,743, which consists of proceeds from promissory note - related party of $180,068, partially offset by payment of offering costs of $118,325.

Previous wording

As of March 31, 2026, we had cash and investments held in the Trust Account of $147,300,237 (including approximately $2,300,237 of interest income). We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable), to complete our Business Combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.

Current wording

As of June 30, 2026, we had cash and investments held in the Trust Account of $148,612,304 (including approximately $3,612,304 of interest income). We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable), to complete our Business Combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.

Previous wording

As of March 31, 2026, we had a related party receivable of $867,711, which represents the cash held in our bank account, while the bank account is owned by a related party to the Sponsor, and as such we have no direct ownership of the account. We intend to use the funds held as related party receivable primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination.

Current wording

As of June 30, 2026, we had a related party receivable of $770,645, which represents the cash held in our bank account, while the bank account is owned by a related party to the Sponsor, and as such we have no direct ownership of the account. We intend to use the funds held as related party receivable primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination.

Previous wording

As of March 31, 2026, the Company has a related party receivable of $867,711 and working capital of $473,263. The Company has incurred and expects to continue to incur significant costs in pursuit of its financing and acquisition plans. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the unaudited financial statements are issued. There is no assurance that the Company’s plans to consummate a Business Combination will be successful or successful within the required period. The unaudited financial statements do not include any adjustments that might result from the Company’s inability to consummate the Business Combination to continue as a going concern.

Current wording

As of June 30, 2026, the Company has a related party receivable of $770,645 and working capital of $225,634. The Company has incurred and expects to continue to incur significant costs in pursuit of its financing and acquisition plans. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the unaudited financial statements are issued. There is no assurance that the Company’s plans to consummate a Business Combination will be successful or successful within the required period. The unaudited financial statements do not include any adjustments that might result from the Company’s inability to consummate the Business Combination to continue as a going concern.