Company: AEAQ
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-107760
Chunk: 42

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-11-10
Form: S-1
Chunk 42
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 warrants to be outstanding after this offering and the private placement(5)                                |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            10,292,500 |
| Exercisability:                                                                                                      |     |                                                                                                                                                                                                                                                                                                                        Each whole warrant offered in this offering is exercisable to purchase one Class A ordinary share. Only whole warrants are exercisable. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. |
|                                                                                                                      |     | We have structured each unit to contain one-half of one warrant, with each whole warrant exercisable for one Class A ordinary share, as compared to units issued by some other similar special purpose acquisition companies which contain whole warrants exercisable for one share, in order to reduce the dilutive effect of the warrants upon completion of a business combination as compared to units that each contain a whole warrant to purchase one share, thus making us, we believe, a more attractive business combination partner for target businesses. |

____________ (1)Assumes no exercise of the underwriters’ over -allotmentoption. (2)Includes up to 1,000,000 founder shares that will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (3)Comprised of 20,000,000 Class A ordinary shares included in the units to be sold in this offering, 6,666,667 Class B ordinary shares (or founder shares), and 585,000 Class A ordinary shares included in the private units. Founder shares are currently classified as Class B ordinary shares, which shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination or earlier at the option of the holder on a one -for-onebasis, subject to adjustment as described below adjacent to the caption “Founder shares conversion and anti -dilutionrights.” (4)Assumes surrender of 1,000,000 founder shares. Up to 1,000,000 founder shares will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (5)Comprised of 10,000,000 public warrants included in the units to be sold in this offering (assuming no exercise of the underwriters’ over -allotmentoption) and 292,500 private warrants included in the private units to be sold in the private placement.

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| Exercise price:  |     | $11