Company: AEAQ
Filing Date: 2025-12-09
Form Type: 8-K
Source: 0001213900-25-119675
Chunk: 2

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-12-09
Form: 8-K
Item: Item 3.02
Chunk 2
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of the Compensation Committee.

Following the Appointment,
the Board is comprised of three classes. The term of office of the first class of directors, Class I, consisting of Mr. Childs, will expire
at the Company’s first annual meeting of shareholders. The term of office of the second class of directors, Class II, consisting
of Messrs. Lorentz and Spittlehouse, will expire at the Company’s second annual meeting of shareholders. The term of office of the
third class of directors, Class III, consisting of Mr. Fontaine (Chairman of the Board) and Mr. Wood, will expire at the Company’s
third annual meeting of shareholders.

On December 5, 2025, in connection
with the Appointment, the directors entered into the Letter Agreement, as well as an Indemnity Agreement with the Company. The foregoing
descriptions of the Letter Agreement and the Indemnity Agreement do not purport to be complete and are qualified in their entireties by
reference to the Letter Agreement and the Indemnity Agreement, copies of which are attached as Exhibit 10.1 and 10.7 - 10.10 hereto,
respectively, and are incorporated herein by reference.

Other than the foregoing,
none of the directors are party to any arrangement or understanding with any person pursuant to which they were appointed as directors,
nor are they party to any transactions required to be disclosed under Item 404(a) of Regulation S-K involving the Company.

Item 5.03. Amendments to Certificate of Incorporation
or Bylaws; Change in Fiscal Year.

On December 5, 2025, in connection
with the IPO, the Company adopted its Amended and Restated Memorandum and Articles of Association (the “Amended Charter”),
effective the same day. The terms of the Amended Charter are set forth in the Registration Statement and are incorporated herein by reference.
The description of the Amended Charter does not purport to be complete and is qualified in its entirety by reference to the Amended Charter,
a copy of which is attached as Exhibit 3.1 hereto and incorporated herein by reference.

Item 8.01. Other Events.