Company: AEAQ
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-107760
Chunk: 36

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-11-10
Form: S-1
Chunk 36
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 values that are greater than we could acquire with the net proceeds of this offering and the sale of the private units, and, as a result, if the cash portion of the purchase price exceeds the amount available from the trust account, net of amounts needed to satisfy any redemptions by public shareholders, we may be required to seek additional financing to complete such proposed initial business combination. We may also obtain financing prior to the closing of our initial business combination to fund our working capital needs and transaction costs in connection with our search for and completion of our initial business combination. There is no limitation on our ability to raise funds through the issuance of equity or equity -linkedsecurities or through loans, advances or other indebtedness in connection with our initial business combination, including pursuant to forward purchase agreements or backstop agreements we may enter into following consummation of this offering. Subject to compliance with applicable securities laws, we would only complete such financing simultaneously with the completion of our initial business combination. If we are unable to complete our initial business combination because we do not have sufficient funds available to us, we will be forced to liquidate the trust account. In addition, following our initial business combination, if cash on hand is insufficient, we may need to obtain additional financing in order to meet our obligations. Sponsor Information Our sponsor is a Delaware limited liability company, which was recently formed in June 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. 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