Harvard Ave Acquisition agrees to merge with OAG International in $300 million deal
Harvard Ave Acquisition Corporation, a blank check company (SPAC) listed on Nasdaq as HAVA, signed a business combination agreement on September 25, 2026 with OAG International Ltd, a provider of pipeline construction and integrity services. Under the deal, HAVA and OAG would each become wholly-owned subsidiaries of a newly formed holding company, PubCo, and HAVA shareholders would receive PubCo ordinary shares. The deal is subject to shareholder and regulatory approvals, and the filing states there is no assurance it will be completed.
Key points
- Total merger consideration is $300 million, based on OAG's valuation after an OAG restructuring
- HAVA and OAG must use reasonable best efforts to identify $30 million of equity financing within nine months after the second closing
- Closing requires HAVA and OAG shareholder approval, a minimum $10 million of trust account cash net of redemptions and transaction expenses, and Nasdaq listing approval for PubCo
- PubCo ordinary shares are expected to be listed on Nasdaq after closing
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.