Company: AEAQ
Filing Date: 2025-08-29
Form Type: DRS
Source: 0001213900-25-081972
Chunk: 203

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-08-29
Form: DRS
Chunk 203
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 following general criteria and guidelines will be central to our evaluation of prospective target businesses. We expect to conduct comprehensive due diligence, which may include management meetings, site visits, detailed documentation reviews, and analysis of financial and operational data made available to us. The primary criteria guiding our evaluation will include: High Impact. We will seek business combination targets that are potentially compelling and transformational, with strong public market appeal. The ideal target will generate sustained investor interest through frequent, high -qualitynews flow and offer the potential for attractive long -termreturns. 130 Low Risk Upside Potential. We also favor assets located within proven, productive reservoirs that include a substantial inventory of undeveloped or underdeveloped resources. Targets offering near -term, accessible value — so -called“low -hangingfruit” — will be prioritized. Confidence. Our team must have sufficient access to information to form a well -supportedinvestment thesis and be confident in its ability to market the opportunity to public investors. Ability To Close. Transaction certainty and speed are critical. We aim to close our initial business combination within approximately six months from the signing of a definitive agreement. Manageable Liability. Many opportunities under consideration will have some associated liabilities (e.g., debt, abandonment obligations). We must be confident in our ability to identify, quantify, and manage such risks. The ability to walk away remains essential. Vendor Pedigree. We will only transact with reputable counterparties. We will avoid counterparties with inconsistent or unreliable deal behavior and instead seek vendors with a strong track record of professionalism and follow -through. Uniqueness. We are seeking transactions that are clearly differentiated opportunities that may be perceived by the market as “diamonds in the rough.” High Operational Control. We will prioritize opportunities where we can secure significant operational control. This will enable us to apply our technical, operational, and strategic expertise to maximize shareholder value over the short and long term. Deal Complexity. We favor straightforward transactions with minimal regulatory or multi -partyapproval requirements. Involvement from governments, national oil companies (NOCs), or NGOs should be limited Technical Complexity. While our team has the capacity to manage technically complex assets, we prefer opportunities that are relatively easy to understand, operate, and develop. Stewardship — HSE, ESG. A strong historical record in health, safety, environmental responsibility, and corporate governance (HSE/ESG) is preferred. The business opportunity selected must demonstrate high standards in these areas of stewardship. Where gaps exist, we must be confident