East West Ave Acquisition Corp. (NASDAQ:EWAVU – Get Free Report) insider Space Summit Capital Llc purchased 1,087,000 shares of East West Ave Acquisition stock in a transaction dated Friday, July 31st. The shares were bought at an average price of $10.00 per share, for a total transaction of $10,870,000.00. Following the acquisition, the insider owned 1,087,000 shares in the company, valued at approximately $10,870,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Space Summit Capital Llc also recently made the following trade(s):
- On Friday, July 31st, Space Summit Capital Llc sold 90,469 shares of East West Ave Acquisition stock. The stock was sold at an average price of $9.94, for a total transaction of $899,261.86.
East West Ave Acquisition Price Performance
Shares of East West Ave Acquisition stock traded down $0.02 during mid-day trading on Tuesday, hitting $9.94. The stock had a trading volume of 160,571 shares, compared to its average volume of 257,036. East West Ave Acquisition Corp. has a 12-month low of $9.91 and a 12-month high of $9.97.
About East West Ave Acquisition
East West Ave Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies.
The company does not operate a commercial business or offer products and services of its own. Its activities are focused on evaluating potential merger, acquisition, capital stock exchange, asset acquisition, reorganization or similar transactions.
East West Ave Acquisition Corp.’s securities include publicly traded units under the NASDAQ symbol EWAVU.
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