Company: AEAQ
Filing Date: 2025-08-29
Form Type: DRS
Source: 0001213900-25-081972
Chunk: 14

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-08-29
Form: DRS
Chunk 14
---
 private placement simultaneously with the closing of this offering; • “private warrants” are to the warrants included in the private units; • “public shares” are to Class A ordinary shares sold as part of the units in this offering (whether they are purchased in this offering or thereafter in the open market), and does not include any founder shares; • “public shareholders” are to the holders of our public shares, including our initial shareholders, our management team and any non -managing sponsor investors to the extent our initial shareholders, members of our management team or any non -managing sponsor investors purchase public shares, provided that the each initial shareholder’s, member of our management team’s or any non -managing sponsor investors’ status as a “public shareholder” will only exist with respect to such public shares; • “public warrants” are to the warrants sold as part of the units in this offering (whether they are purchased in this offering or thereafter in the open market); • “special resolution” are to a resolution of the company passed by at least a two -thirds (2 / 3) majority (or such higher approval threshold as specified in the company’s amended and restated memorandum and articles of association) of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting of the company of which notice specifying the intention to propose the resolution as a special resolution has been duly given, or a resolution approved in writing by all of the holders of the issued shares entitled to vote on such matter. The amended and restated memorandum and articles of association of the Company will require that resolutions put to the vote of a meeting shall be decided in accordance with section 60(4) of the Companies Act regard shall be had to the number of votes to which each member is entitled to cast when computing whether the requisite approval threshold has been obtained to pass a special resolution; • “SPACs” are to special purpose acquisition companies; • “sponsor” are to Activate Energy Sponsors LLC, a Delaware limited liability company, which was recently formed to invest in our company, as further discussed under “Our Sponsor”, below; Thomas Fontaine is managing member of the sponsor; • “taxes payable” are to any taxes applicable to us, provided, however, that the proceeds placed in the trust account and the interest earned thereon will not be used to pay for possible excise tax or any other similar fees or taxes that may be levied on us pursuant