Company: AEAQ
Filing Date: 2025-08-29
Form Type: DRS
Source: 0001213900-25-081972
Chunk: 13

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-08-29
Form: DRS
Chunk 13
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 1940, as amended; •“ management” or our “management team” are to our officers and directors; • “ non -managing sponsor investors” means [•] institutional investors (none of which are affiliated with any member of our management, other members of our sponsor or any other investor) that have expressed an interest to purchase (i) an aggregate of approximately [•] units in this offering (assuming the exercise in full of the underwriter’s over -allotment option) at the offering price and (ii) through the purchase of non -managing sponsor membership interests in the sponsor, an aggregate of up to 310,000 private units at a price of $10.00 per unit ($3,100,000 in the aggregate)(or up to 340,000 private units if the over -allotment option is exercised in full ($3,400,000 in the aggregate); subject to the non -managing sponsor 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 -managing sponsor investors at the closing of this offering reflecting interests in an aggregate of 1 3,100,000 founder shares (or up to 3,400,000 founder shares if the over -allotment option is exercised in full) held by the sponsor. None of the non -managing sponsor investors has expressed to us an interest in purchasing individually more than 9.9% of the units to be sold in this offering; • “ordinary resolution” are to a resolution of the company passed by a simple majority 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, or a resolution approved in writing by all of the holders of the issued shares entitled to vote on such matter (or such lower threshold as may be allowed under the Companies Act from time to time); • “ordinary shares” are to our Class A ordinary shares and our Class B ordinary shares; • “ over -allotment option” are to the underwriters’ 45 -day option to purchase up to an additional 3,000,000 units to cover over -allotments , if any; • “private shares” are to the Class A ordinary shares included in the private units; • “private units” are to the units issued to our sponsor and BTIG in a