Harvard Ave Acquisition Corporation Class A Ordinary Share

Harvard Ave Acquisition Corporation and OAG International Ltd announced they have entered into a definitive business combination agreement that will take the specialized pipeline services provider public on Nasdaq. Under the deal, OAG Merger Sub I will merge with and into HAVA, with HAVA surviving as a wholly-owned subsidiary of OAG Pipeline Technologies Inc., a newly formed Cayman Islands exempted company known as PubCo, and OAG Merger Sub II will then merge with and into OAG, with OAG surviving as a wholly-owned subsidiary of PubCo. Shareholders of both HAVA and OAG will receive ordinary shares of PubCo, which is expected to be listed and traded on Nasdaq after the transaction closes. The boards of both companies have approved the deal, which remains subject to regulatory and shareholder approvals and other customary closing conditions. OAG founder and managing director Jonathan Chong said the company has completed more than 200 projects across more than 27 countries for approximately 40 clients since its founding in 1999, and that it plans to expand in the Americas and Africa and pursue complementary technologies across the pipeline construction and integrity value chain. Robinson & Cole LLP is counsel to HAVA, Winston Taylor LLP is counsel to OAG, and FocalPoint Asia is exclusive financial advisor to OAG.