other material
confidence high
sentiment neutral
materiality 0.30
Activate Energy Acquisition files annual report; $230.6M trust cash, $300K net income; adds two directors
Activate Energy Acquisition Corp.
- Cash and investments in trust account: approximately $230.6M as of December 31, 2025.
- Net income of $300,371 for FY2025, driven by interest income.
- Deadline to complete initial business combination is December 4, 2027.
- Appointed Paul Moore (oil/gas exec) and Keith Byer (former Deloitte SMD) as directors effective March 4, 2026, replacing Richard Lorentz and Andrew Childs.