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Harvard Ave Acquisition Raises $145 Million in Nasdaq SPAC Listing
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Harvard Ave Acquisition raised $145 million in its Nasdaq SPAC IPO, targeting AI and sustainability sectors as SPAC listings rebound.
SPAC Harvard Ave Acquisition began trading on Nasdaq after raising $145 million through its initial public offering. The firm sold 14.5 million units at $10 each, with shares closing marginally higher at $10.12 on debut. Proceeds will fund acquisitions in sustainable technology and AI-driven supply chains. Market observers called the launch a positive signal for Q4’s SPAC revival as U.S. listing activity picks up after two quiet quarters. The company is headed by former SoftBank executive Daniel Ramos.