Company: AEAQ
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-107760
Chunk: 261

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-11-10
Form: S-1
Chunk 261
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 commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8). A portion of the purchase price of the private units will be added to the proceeds from this offering to be held in the trust account such that at the time of closing of this offering $200,000,000 (or $230,000,000 if the underwriters exercise their over -allotmentoption in full) will be held in the trust account. If we do not complete our initial business combination within the completion window, the private units will expire worthless. The private units are subject to the transfer restrictions described below. Activate Energy Sponsors LLC, our sponsor, and our officers and directors are deemed to be our “promoters” as such term is defined under the federal securities laws. Expression of Interest The non -managingsponsor investors have expressed to us an interest in purchasing up to an aggregate of approximately 7,958,000 units in this offering at the offering price (assuming the exercise in full of the underwriter’s over -allotmentoption). None of the non -managingsponsor investors has expressed to us an interest in purchasing individually more than 9.9% of the units to be sold in this offering. 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 to the non -managingsponsor investors reflecting interests in an aggregate of 2,480,000 founder shares (2,720,000 founder shares if the over -allotmentoption is exercised in full) held by the sponsor. The non -managingsponsor investors are not granted any shareholder or other rights in addition to those afforded to our other public shareholders, and will only be issued membership interests in the sponsor, with no right to control the sponsor or vote or dispose of any securities held by the sponsor, including the founder shares and the private units held by the sponsor. The interests of the members of the sponsor are denominated in two classes of membership interest units: (i) class A membership units representing interests in the founder shares and (ii) class B membership units that will represent an interest in the private units. All members of the sponsor, including the managing member of the sponsor, and any non -managingsponsor investor that may join the sponsor concurrently with this offering, will hold both classes of membership units representing their proportional interest in the founder shares and