secwatch.observer — SEC 8-K summary
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Issuer:     Activate Energy Acquisition Corp. (AEAQ)
CIK:        0002083689
Form:       8-K
Filed at:   2025-12-12T23:59:59+00:00
Accession:  0001213900-25-120795
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Activate Energy Acquisition Corp. closes SPAC IPO of 23M units at $10/unit, raising $230M gross
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- Sold 23M units, including 3M over-allotment, at $10 each, raising $230M gross proceeds.
- Privately placed 645K units (415K to sponsor, 230K to underwriters) for $6.45M.
- $230M placed in trust account; transaction costs total $13.24M (cash fees $4.6M, deferred $8.05M, other $0.59M).
- Balance sheet as of Dec 5, 2025: $920,681 cash, $6.87M accumulated deficit, shareholders' deficit $6.87M.
- Company has 24 months from IPO to complete an initial business combination, targeting oil & gas.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2083689/000121390025120795/0001213900-25-120795-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2083689/000121390025120795/ea0269035-8k_activate.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-120795

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer