Company: AEAQ
Filing Date: 2025-08-29
Form Type: DRS
Source: 0001213900-25-081972
Chunk: 35

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-08-29
Form: DRS
Chunk 35
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 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 -managingsponsor investors reflecting interests in an aggregate of 3,100,000 founder shares (or 3,400,000 founder shares if the over -allotmentoption is exercised in full) held by 13

the sponsor. Because none of the non -managingsponsor investors will hold voting interests in our sponsor nor have any rights to control our sponsor or to vote or dispose of any securities held by our sponsor, none of the sponsor non -managingmembers have a direct or indirect material interest in our sponsor. The following table sets forth the payments to be received by our sponsor and its affiliates from us prior to or in connection with the completion of our initial business combination and the securities issued and to be issued by us to our sponsor or its affiliates:

| Entity/Individual                                                                          |     | Amount of Compensation to                                                                                                                                                                      
 be Received or Securities                                                                                                                                                                      
 Issued or to be Issued                                                                                                                                                                         |     |                                                                                                                                                                               Consideration Paid or to be Paid |
| Activate Energy Sponsors LLC                                                               |     | $10,000 per month (the “Administrative Services Fee”)                                                                                                                                          |     |