East West Ave Acquisition Corp. Prices Initial Public Offering Of 10M Shares At $10 Per Share, Raising $100M
East West Ave Acquisition Corp. (NASDAQ: EWAVU) (the "Company") announced the pricing of its initial public offering (the "IPO") of 10,000,000 units at $10.00 per unit. The units are expected to trade on
A new company called East West Ave just sold 10 million pieces of itself to the public for $10 each, collecting $100 million in total money. When a company does this for the first time, it's like opening a new store—watch to see if people stay interested in buying its shares once trading begins.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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