Company: AEAQ
Filing Date: 2025-08-29
Form Type: DRS
Source: 0001213900-25-081972
Chunk: 133

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-08-29
Form: DRS
Chunk 133
---
-managing sponsor investors have expressed an interest to purchase substantially all of the units in this offering, which could reduce the trading volume, volatility and liquidity for our shares, adversely affect the trading price of our shares and, further, may present a conflict of interest for such non-managing sponsor investors in determining whether a particular target business is an appropriate business with which to effectuate our initial business combination. The non -managingsponsor investors have expressed to us an interest in purchasing up to an aggregate of approximately [•] units in this offering at the offering price (assuming the exercise in full of the underwriter’s over -allotmentoption), or up to [•]% of this offering. None of the non -managingsponsor investors has expressed to us an interest in purchasing individually more than 9.9% of the units to be sold in this offering. Because these expressions of interest are not binding agreements or commitments to purchase, each of the non -managingsponsor investors may determine to purchase fewer units in this offering, or none at all, or the underwriter may determine to sell fewer units to the non -managingsponsor investors, or none at all. In addition, the underwriters have full discretion to allocate the units to investors and may determine to sell fewer units to the non -managingsponsor investors, or none at all, and the purchase of the non -managingsponsor membership interests is not contingent upon participation in this offering or vice versa. Depending on how many units are purchased by the non -managingsponsor investors, the post -offeringtrading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had the units been more widely offered and sold to other public investors. We do not expect any purchase of units by the non -managingsponsor investors to negatively impact our ability to meet Nasdaq listing eligibility requirements as we expect to comply with all of the Nasdaq listing requirements prior to the effective date of the registration statement of which this prospectus forms a part. Although we have no knowledge of any affiliation or other agreement or arrangement, as to voting of our securities or otherwise, among the non -managingsponsor investors, if such investors all elect to purchase the full amount of our units described herein and so long as they hold a substantial portion of the units purchased, the sponsor and the non -managingsponsor investors would collectively own a significant number of our shares. Further, the non -managingsponsor investors will