Harvard Ave Acquisition Corporation Right represents a contingent entitlement issued in connection with the units of a special purpose acquisition company. Each right grants its holder the ability to receive a fraction of a Class A ordinary share upon the successful completion of an initial business combination by Harvard Ave Acquisition Corporation. These rights are designed to provide additional participation in the post-merger entity beyond the common shares initially included in the units. As a feature of a blank check company structure, the rights typically become exercisable or convertible only if a qualifying transaction is consummated within a defined timeframe, and they may expire worthless if no transaction occurs. Harvard Ave Acquisition Corporation is focused on effecting mergers, share exchanges, asset acquisitions, share purchases, recapitalizations, reorganizations, or similar business combinations, and the rights form part of the capital structure used to raise funds and align incentives in this process.