Company: AEAQ
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-107760
Chunk: 337

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-11-10
Form: S-1
Chunk 337
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 offering, or $4,000,000 (or up to $4,600,000 if the over -allotmentoption is exercised in full) in the aggregate (the “Base Fee”), is payable upon the closing of this offering. Includes $0.35 per unit, or $7,000,000 in the aggregate (or $8,050,000 in the aggregate if the underwriters’ over -allotmentoption is exercised in full), payable to the underwriter in this offering for deferred underwriting commissions, which will be placed in a trust account located in the United States as described herein and released to the underwriter only upon the consummation of an initial business combination. The deferred underwriting commissions deposited into the trust account will be payable to the underwriter upon the closing of our initial business combination in three portions, as follows: (i) $0.25 per unit sold in this offering shall be paid to the underwriter in cash and (ii) up to $0.10 per unit sold in this offering shall be paid to the underwriter in cash, based on the funds remaining in the trust account after giving effect to public shares that are redeemed in connection with an initial business combination and net of any public shares held by public shareholders that have entered into forward purchase agreements or other arrangements whereby we have a contractual obligation to repurchase such shares after closing of the initial business combination. We estimate that our portion of the total expense of this offering payable by us will be $650,000, excluding underwriting discounts and commissions. We have agreed to reimburse the underwriters for certain of their accountable and out -of-pocketcosts (including, but not limited to, the expenses of investigations and background checks of our principals (not to exceed $4,000 per person for U.S. individuals and $5,000 per person for non -U.S. individuals)) for this offering, provided that the maximum accountable expense allowance reimbursed to or paid on behalf of the underwriters shall not exceed $75,000 in the aggregate without our prior written approval or the approval of the sponsor. The underwriting agreement provides that following the completion of this offering, the obligations of the underwriters with respect to this offering will be deemed to be satisfied and the underwriters are not bound by any commitment or obligation to offer or sell to the public any of our securities or of any target business in an initial business combination or otherwise solicit holders of our securities or any target business in an initial business combination to approve the business combination