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Harvard Ave Acquisition Corporation Announces Closing of $145,000,000 Initial Public Offering
Globenewswireยท2025-10-25 01:41

Group 1 - The Company, Harvard Ave Acquisition Corporation, closed its initial public offering of 14,500,000 units at $10.00 per unit, generating gross proceeds of $145 million before deductions [1] - The units began trading on the Nasdaq Global Market under the ticker symbol "HAVAU" on October 23, 2025, with each unit consisting of one Class A ordinary share and one right to receive one-tenth of one Class A ordinary share [1] - The Company is a blank check company incorporated in the Cayman Islands, aiming to pursue a merger, share exchange, asset acquisition, or similar business combination, focusing on industries that complement the management team's background [2] Group 2 - D. Boral Capital LLC acted as the sole book-running manager for the offering, while Robinson & Cole LLP and Winston & Strawn LLP served as legal counsel to the Company and D. Boral Capital LLC, respectively [3] - A registration statement on Form S-1 relating to these securities was filed with the SEC and declared effective on September 30, 2025, with the offering made only by means of a prospectus [4]