Company: AEAQ
Filing Date: 2025-08-29
Form Type: DRS
Source: 0001213900-25-081972
Chunk: 346

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-08-29
Form: DRS
Chunk 346
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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-3

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

| General and administrative expenses                                       |     | $ |    18,474 |   |
| Net loss                                                                  |     | $ |   (18,474 | ) |
| Basic and diluted weighted average Class B ordinary shares outstanding(1) |     |   | 6,666,667 |   |
| Basic and diluted net loss per Class B ordinary share                     |     | $ |     (0.00 | ) |

____________ (1)Excludes 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-4

ACTIVATE ENERGY ACQUISITION CORP.
STATEMENT OF CHANGES IN SHAREHOLDER’S EQUITY
FOR THE PERIOD FROM JUNE 10, 2025 (INCEPTION) THROUGH JUNE 30, 2025

| Balance as of June 10, 2025 (inception)      |     | Class B Ordinary shares 
                  Shares 
                       — |     | Amount |   — |     | Additional 
 Paid-In    
 Capital    |      — |     | Accumulated 
 Deficit     | —       |   |     | Shareholder’s 
 Equity        |       — |   |
|:---------------------------------------------|:----|------------------------:|:----|:-------|----:|:----|:-----------|-------:|:----|:------------|:--------|:--|:----|:--------------|--------:|:--|
| Class B ordinary shares issued to Sponsor(1) |     |               7,666,667 |     |        | 767 |     |            | 24,233 |     |             | —       |   |     |               |  25,000 |   |
| Net loss                                     |     |                       — |     |        |   — |     |            |      — |     |