New York, NY, Oct. 22, 2025 — Harvard Ave Acquisition Corporation (Nasdaq: HAVAU) (the “Company”) today announced the setting of the price for its initial public offering, comprising 14,500,000 units at $10.00 per unit. These units are anticipated to be listed on the Nasdaq Global Market (“Nasdaq”) and commence trading under the ticker symbol “HAVAU” starting October 23, 2025. Each unit is composed of one Class A ordinary share and one right to receive one-tenth of one Class A ordinary share. Once the securities within the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on Nasdaq under the symbols “HAVA” and “HAVAR”, respectively. The underwriter has been granted a 45-day option to acquire up to an additional 2,175,000 units from the Company to manage any over-allotments. The offering is projected to conclude on October 24, 2025, contingent upon standard closing conditions.
The Company is a blank check firm, established as an exempted company under the laws of the Cayman Islands, with the aim of completing a merger, share exchange, asset acquisition, share purchase, reorganization, or a comparable business combination with one or more businesses or entities. While it may pursue an acquisition in any business, industry, sector, or geographical area, its intention is to concentrate on industries or sectors that align with its management team’s professional background.
D. Boral Capital LLC is acting as the exclusive book-running manager for the offering.
A registration statement on Form S-1 (333-284826) concerning these securities was filed with the Securities and Exchange Commission (“SEC”) and was declared effective on September 30, 2025. This offering is being made exclusively through a prospectus. Copies of the prospectus, once available, can be obtained from D. Boral Capital LLC, located at 590 Madison Avenue, 39th Floor, New York, NY 10022, by calling +1 (212) 970-5150, by email at , or by accessing the SEC website at .
This press release should not be interpreted as an offer to sell or a solicitation of an offer to purchase, nor shall there be any sale of these securities in any state or jurisdiction where such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction.
Forward-Looking Statements
This press release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are not historical facts. Such forward-looking statements are exposed to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The Company explicitly disclaims any obligation or commitment to publicly release any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations or any change in events, conditions, or circumstances upon which any statement is based. No assurance can be given that the offering detailed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the Company’s control, including those outlined in the Risk Factors section of the Registration Statement and related preliminary prospectus filed with the SEC in connection with the initial public offering. Copies are accessible on the SEC’s website, .
Contact Information:
Harvard Ave Acquisition Corporation
Sung Hyuk Lee
Chief Executive Officer
3rd Floor, 166 Yongsan
Yeongdengpo-gu, Seoul, 07362
Email:
