Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common
Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market Information
Our units, Class A ordinary
shares, Rights are each traded on the Nasdaq Stock Market LLC under the symbols “HAVAU”, “HAVA”, and “HAVAR,”
respectively.
Holders
On December 31, 2025, there
were 3 holders of record of our units, 3 holders of record of our Class A ordinary shares, 1 holder of record of our Rights, and 7 holders
of record of our Class B ordinary shares.
Securities Authorized for Issuance Under Equity
Compensation Plans
None.
Recent Sales of Unregistered Securities
Unregistered Sales of Equity Securities
Substantially concurrently
with the closing of the IPO, the Company completed the private sale of 339,964 Private Placement Units and 1,019,892 Private Placement
Shares to the Sponsors for an aggregate purchase price of $3,399,640. The Private Placement Units are identical to the Units issued in
the IPO.
The above sales were issued
pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act. No commissions were paid in connection
with such sales.
Use of Proceeds
On October 24, 2025, the
Company consummated its IPO of 14,500,000 Units. Each Unit consists of one Class A Ordinary Share, and one Right. The Units were sold
at an offering price of $10.00 per Unit, generating gross proceeds of $145,000,000.
Substantially concurrently
with the closing of the IPO, the Company completed the private sale of 339,964 Private Placement Units and 1,019,892 Private Placement
Shares to the Sponsors for an aggregate purchase price of $3,399,640. The Private Placement Units are identical to the Units issued in
the IPO.
A total of $145,000,000,
from the proceeds of the IPO and the sale of the Private Securities (net of transaction expenses and working capital) were placed in the
Company’s trust account established for the benefit of the Company’s public shareholders and the underwriters of the IPO with
Continental Stock Transfer & Trust Company acting as trustee.
Purchases of Equity Securities by the Issuer
and Affiliated Purchasers
None.
Item 6. [Reserved]
8
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.