East West Ave Acquisition Corp. Replaces Auditor: Fortune CPA Out, Golden Ocean FAC PAC In
EWAVU is trading near its 52-week low of $9.93 (0.9% above the low) on light trading volume (0.3× avg).
Summary
East West Ave Acquisition Corp. replaced its independent auditor, dismissing Fortune CPA and appointing Golden Ocean FAC PAC, with no disagreements or reportable events disclosed.
Key Events · Corporate Governance and Compliance · EWAVU
-
Auditor Dismissal and Appointment
On September 8, 2026, the board and audit committee dismissed Fortune CPA, Inc. and appointed Golden Ocean FAC PAC (PCAOB ID: 7285) as independent auditor for the fiscal year ended November 30, 2026.
-
No Disagreements or Reportable Events
Fortune CPA's reports since inception through November 30, 2025 contained no adverse opinions or disclaimers, and there were no disagreements or reportable events through September 8, 2026.
-
Fortune CPA Letter Filed
Fortune CPA furnished a letter to the SEC agreeing with the company's statements, filed as Exhibit 16.1 to the 8-K.
-
Timing Context
The auditor change comes roughly five weeks after the company's $100 million SPAC IPO completed in early August 2026.
Analysis · EWAVU · Real Estate & Construction
On September 8, 2026, East West Ave Acquisition Corp. dismissed Fortune CPA, Inc. as its independent auditor and appointed Golden Ocean FAC PAC for the fiscal year ending November 30, 2026. The filing indicates no disagreements or reportable events with Fortune CPA since inception, and Fortune CPA's letter agreeing with the disclosure is attached. For a newly public SPAC that completed its IPO only weeks ago, an auditor change this early in its life is a governance event worth noting, though the absence of any stated disagreements or adverse opinions tempers the concern.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1963 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.14%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, EWAVU was trading at $10.02 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $132.7M. The 52-week trading range was $9.93 to $10.41. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.