Company: AEAQ
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-107760
Chunk: 192

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-11-10
Form: S-1
Chunk 192
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ard Field in the North Sea for Nexen Inc., as an Operations Manager with Encana Corp. in Ecuador and as the Country Manager with Nexen Inc. in Yemen. Sponsor Information Our sponsor is a Delaware limited liability company, which was recently formed in January 2025 to invest in our company. Although our sponsor is permitted to undertake any activities permitted under the Delaware Limited Liability Company Act and other applicable law, our sponsor’s business is focused on investing in our company. Thomas Fontaine is the managing member of our sponsor, Activate Energy Sponsors LLC, and holds voting and investment discretion with respect to the securities held by the sponsor. As of the date of this prospectus, other than Thomas Fontaine, no other person has a direct or indirect material interest in our sponsor. In addition, our independent directors will receive for their services as a director an indirect interest in the founder shares through membership interests in our sponsor. Each of our directors will receive for their services as a director an indirect interest in the founder shares through membership interests in our sponsor. Each director will receive an indirect interest in 50,000 founder shares through membership interests in our sponsor. Other than members of our management team who are members of our sponsor, none of the other members of our sponsor will participate in our company’s activities. Additionally, subject to the non -managingsponsor investors purchasing, through the sponsor, the private units allocated to them in connection with the closing of this offering, the sponsor will issue membership interests at a nominal purchase price ($0.003 per share) to the non -managingsponsor investors reflecting interests in an aggregate of 2,480,000 founder shares (or 2,720,000 founder shares if the underwriters’ over -allotmentoption is exercised in full) held by the sponsor. Because none of the non -managingsponsor investors will hold voting interests in our sponsor nor have any rights to control our sponsor or to vote or dispose of any securities held by our sponsor, none of the sponsor non -managingmembers have a direct or indirect material interest in our sponsor. 119

The following table sets forth the payments to be received by our sponsor and its affiliates from us prior to or in connection with the completion of our initial business combination and the securities issued and to be issued by us to our sponsor or its affiliates:

| Entity/Individual                                                                           |     | Amount of Compensation to be                                                                                                                                                                   
 Received or Securities Issued                                                                                                                                                                  
 or to be Issued                                                                                                                                                                                |     |