East West Ave Acquisition Corp.
For the period ended Aug 31, 2026. Filed Oct 15, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 31, 2026 · Filed Oct 15, 2026
EWAV$9.92-0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets (Unaudited)
EAST WEST AVE ACQUISITION CORP.
BALANCE SHEETS
| As of August 31, 2026 · As of November 30, 2025 | |||
|---|---|---|---|
| (Unaudited) · (Audited) | |||
| Assets: | |||
| Cash | $684,291 | $20,000 | |
| Prepaid expense | 88,632 | 100,000 | |
| Total Current Assets | 772,923 | 120,000 | |
| Deferred offering costs | - | 50,000 | |
| Investments held in trust account | 100,786,509 | - | |
| Total Non-Current Assets | 100,786,509 | 50,000 | |
| Total Assets | $101,559,432 | $170,000 | |
| Liabilities, Common Stock Subject to Possible Redemption and Shareholder’s Equity: | |||
| Liabilities | |||
| Accrued offering expense and accrued liabilities | $6,099 | $ | - |
| Income tax payable | 31,420 | - | |
| Total Current Liabilities | 37,519 | - | |
| Promissory note – related party | - | 158,562 | |
| Total Non-Current Liabilities | - | 158,562 | |
| Total Liabilities | 37,519 | 158,562 | |
| Commitments and Contingencies (Note 6) | - | - | |
| Common Stock subject to possible redemption, 10,000,000 shares at redemption value of $10.08 per share as of August 31, 2026 | 100,786,509 | - | |
| Shareholder’s Equity | |||
| Preferred stock, $0.0001 par value; 4,000,000 shares authorized; none issued and outstanding | - | - | |
| Common stock, $0.0001 par value, 500,000,000 shares authorized; 2,847,500 and 2,875,000 shares issued and outstanding as of August 31, 2026 and November 30, 2025, respectively (1) | 285 | 288 | |
| Additional paid-in capital | 735,119 | 24,712 | |
| Subscriptions receivable | - | (5,000) | |
| Retained earnings/(Accumulated deficit) | - | (8,562) | |
| Total Shareholder’s Equity | 735,404 | 11,438 | |
| Total Liabilities, Common Stock Subject to Possible Redemption and Shareholder’s Equity | $101,559,432 | $170,000 | |
| (1) | The balance as of November 30, 2025 includes an aggregate of 375,000 Common Stock subject to forfeiture to the extent that the underwriters’ over-allotment option is not exercised in full or in part. As of August 31, 2026, the over-allotment option was waived in full hence all 375,000 shares were forfeited at the closing of the IPO (Note 5). |
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS
| For The Three Months Ended August 31, 2026 | For The Nine Months Ended August 31, 2026 | |
|---|---|---|
| Formation and operating costs | $118,345 | $136,890 |
| Net loss from operations | (118,345) | (136,890) |
| Other income: | ||
| Interest earned on investment held in Trust Account | 286,509 | 286,509 |
| Net profit before tax | $168,164 | $149,619 |
| Income tax expenses | 31,420 | 31,420 |
| Net income | $136,744 | $118,199 |
| Basic and diluted weighted average shares outstanding, Common Stock subject to possible redemption | 3,152,174 | 1,058,394 |
| Basic and diluted net income per share, Common Stock subject to possible redemption | $0.77 | $3.52 |
| Basic and diluted weighted average shares outstanding, non-redeemable Common Stock | 2,609,538 | 2,536,779 |
| Basic and diluted net loss per share, non-redeemable Common Stock | $(0.88) | $(1.42) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.