Harvard Ave Acquisition Corp-A 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended March 31, 2026 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________to __________ Commission File Number 001-42887 Harvard Ave Acquisition Corporation(Exact name of registrant as specified in its charter) Cayman IslandsN/A(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification Number) 3rdFloor, 166 Yeongsin-roYeongdengpo-gu, Seoul07362, Republic of Korea(Address of principal executive offices and zip code) +82-10-8781-0823(Registrant’s telephone number, including area code) (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter periodthat the registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Accelerated filer☐Smaller reporting company☒Emerging growth company☒ Large accelerated filer☐Non-accelerated filer☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ As of the date hereof, there were 15,859,856 of the registrant’s Class A ordinary shares, par value $0.0001 per share, and 4,833,333 ofthe registrant’s Class B ordinary shares, par value $0.0001 per share, issued and outstanding. HARVARD AVE ACQUISITION CORPORATIONFORM 10-Q FOR THE QUARTER ENDED March 31, 2026 TABLE OF CONTENTS PagePART I. FINANCIAL INFORMATION1ITEM 1. INTERIM FINANCIAL STATEMENTS1BALANCE SHEETS (UNAUDITED)1STATEMENTS OF OPERATIONS (UNAUDITED)2STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT (UNAUDITED)3STATEMENTS OF CASH FLOWS (UNAUDITED)4NOTES TO FINANCIAL STATEMENTS (UNAUDITED)5ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OFOPERATIONS18ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK21ITEM 4. CONTROLS AND PROCEDURES21PART II. OTHER INFORMATION22ITEM 1. LEGAL PROCEEDINGS22ITEM 1A. RISK FACTORS22ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS22Item 3. Defaults Upon Senior Securities22Item 4. Mine Safety Disclosures22Item 5. Other Information22Item 6. Exhibits23Part III. Signatures24 PART I - FINANCIAL INFORMATION HARVARD AVE ACQUISITION CORPORATIONBALANCE SHEETS(UNAUDITED) March 31,2026December31,2025 HARVARD AVE ACQUISITION CORPORATIONSTATEMENTS OF OPERATIONS(UNAUDITED) (1)On July 14, 2025, the Sponsor surrendered 287,500 Class B ordinary shares for no consideration. Subsequently on October 22,2025, Copley Square LLC surrendered 591,974 Class B ordinary shares it held, and Northlake Partners Ltd. surrendered 749,693Class B ordinary shares it held, resulting in the Sponsors holding an aggregate of 5,558,333 insider shares. All shares and pershare presentation have been retrospectively presented. (2)Excludes an aggregate of up to 725,000 ClassB ordinary shares subject to forfeiture by the holders thereof depending on theextent to which the underwriters’ over-allotment option was exercised (Note5). On October 24, 2025, the underwriters forfeitedtheir over-allotment option to purchase up to an additional 2,175,000 units. As a result of the over-allotment option forfeiture bythe underwriters, 725,000 Class B ordinary shares of the Company were surrendered by the Sponsors and such surrendered shareswere cancelled by the Company (see Note 5). The accompanying notes are an integral part of these unaudited financial statements. HARVARD AVE ACQUISITION CORPORATIONSTATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT(UNAUDITED) FOR THE THREE MONTHS ENDED MARCH 31, 2026 (1)Includes an aggregate of up to 725,000 ClassB ordinary shares subject to forfeiture by the holders thereof depending on the