Company: AEAQ
Filing Date: 2025-08-29
Form Type: DRS
Source: 0001213900-25-081972
Chunk: 347

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-08-29
Form: DRS
Chunk 347
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             | (18,474 | ) |     |               | (18,474 | ) |
| Balance as of June 30, 2025                  |     |               7,666,667 |     | $      | 767 |     | $          | 24,233 |     | $           | (18,474 | ) |     | $             |   6,526 |   |

____________ (1)Includes up to 1,000,000 Class B ordinary shares subject to forfeiture if the over -allotmentoption is not exercised in full or in part by the underwriters (see Note 7). The accompanying notes are an integral part of the financial statements.

F-5

ACTIVATE ENERGY ACQUISITION CORP.
STATEMENT OF CASH FLOWS
FOR THE PERIOD FROM JUNE 10, 2025 (INCEPTION) THROUGH JUNE 30, 2025

| Cash flows from operating activities:                                                       |     |   |         |   |
|:--------------------------------------------------------------------------------------------|:----|:--|--------:|:--|
| Net loss                                                                                    |     | $ | (18,474 | ) |
| Adjustments to reconcile net loss to net change in cash:                                    |     |   |         |   |
| Changes in operating assets and liabilities:                                                |     |   |         |   |
| Accrued expenses                                                                            |     |   |  18,474 |   |
| Net cash used in operating activities                                                       |     |   |       — |   |
| Net change in cash                                                                          |     |   |       — |   |
| Cash, beginning of the period                                                               |     |   |       — |   |
| Cash, end of the period                                                                     |     | $ |       — |   |
| Non-cash investing and financing activities:                                                |     |   |         |   |
| Deferred offering costs included in accrued offering costs                                  |     | $ |  23,693 |   |
| Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares |     | $ |  25,000 |   |

The accompanying notes are an integral part of the financial statements.

F-6 ACTIVATE ENERGY ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS Note 1 — Organization and Business Operations Activate Energy Acquisition Corp. (the “Company”) is a blank check company incorporated as a Cayman Islands exempted corporation on June