Company: AEAQ
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-107760
Chunk: 108

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-11-10
Form: S-1
Chunk 108
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. Our public shareholders may incur material dilution due to such anti -dilutionadjustments that result in the issuance of Class A ordinary shares on a greater than one -to-onebasis upon conversion. Up to 1,000,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentis exercised. The founder shares will be worthless if we do not complete an initial business combination, except to the extent they receive liquidating distributions from assets outside of the trust account. In addition, our sponsor and the underwriters, have committed to purchase an aggregate of 585,000 private units (645,000 if the underwriters’ over -allotmentoption is exercised in full) for an aggregate purchase price of $5,850,000 ($6,450,000 if the underwriters’ over -allotmentoption is exercised in full), or $10.00 per private unit. Of these private units, our sponsor has agreed to purchase 385,000 private units (or 415,000 private units if the over -allotmentoption is exercised in full) and BTIG has agreed to purchase 200,000 private units (or 230,000 if the underwriters’ over -allotmentoption is exercised in full). Each private unit will be identical to the warrants sold in this offering, except as described in this prospectus. The private units will be sold in a private placement that will close simultaneously with the closing of this offering, including the over -allotmentoption, as applicable. The “non -managingsponsor investors” throughout this prospectus, have expressed an interest to indirectly purchase, through the purchase of non -managingsponsor membership interests, an aggregate of 310,000 private units ($3,100,000 in the aggregate) at a price of $10.00 per unit (or 340,000 private units ($3,400,000 in the aggregate) if the over -allotmentoption is exercised in full) in a private placement that will close simultaneously with the closing of this offering. Subject to each non -managingsponsor investor indirectly purchasing, through non -managingsponsor membership interests, the private units allocated to it in connection with the closing of this offering, the sponsor will issue membership interests at a nominal purchase price to the non -managingsponsor investors reflecting interests in an aggregate of 2,480,000 founder shares, (2,720