Company: AEAQ
Filing Date: 2025-08-29
Form Type: DRS
Source: 0001213900-25-081972
Chunk: 15

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-08-29
Form: DRS
Chunk 15
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 to any current, pending or future rules or laws, including without limitation any excise tax due under the Inflation Reduction Act of 2022 on any redemptions or stock buybacks by our company; • “warrants” are to our public warrants, private warrants and working capital warrants, if any; • “warrant exercise date” are to the date on which the warrants will become exercisable, which is 30 days after the completion of our initial business combination; 2 • “warrant expiration date” are to the date on which the warrants expire, which is five years after the completion of our initial business combination or earlier upon redemption or liquidation; and • “working capital warrants” are to the warrants that are components of the units issuable upon conversion of working capital loans; and Any conversion of the Class B ordinary shares described in this prospectus will take effect as a compulsory redemption of Class B ordinary shares and an issuance of Class A ordinary shares as a matter of Cayman Islands law. Any forfeiture of shares, and all references to forfeiture of shares, described in this prospectus shall take effect as a surrender of shares for no consideration as a matter of Cayman Islands law.Any share dividend described in this prospectus will take effect as a share capitalization as a matter of Cayman Islands law (that is, an issuance of shares from share premium). Unless we tell you otherwise, the information in this prospectus assumes that the underwriters will not exercise their over-allotment option. OUR COMPANY We are a blank check company incorporated on June 10, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. Although we currently intend to focus on target businesses in the oil and gas industry, we may pursue an acquisition opportunity in any business, industry, sector or geographical location. We intend to focus on businesses that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business. We believe that the experience and capabilities of our management team will make us an attractive partner to potential target businesses, enhance our ability to complete a successful business combination, and