Lake Superior Acquisition Corp. enters business combination with Openmarkets Group

Lake Superior Acquisition Corp

Definitive business combination agreement signed Jan 23, 2026 between Lake Superior (NASDAQ: LKSPU) and Openmarkets Group.
Openmarkets enterprise value estimated at USD $300 million, excluding earn-out shares.
Combined company to become Nasdaq-listed, expected to close in 2026 subject to regulatory and shareholder approvals.
Openmarkets to expand into DeFi through cryptocurrency trading and tokenisation of real-world assets.
Lake Superior CEO Edward Cong Wang cites exhaustive search for market leader poised for global growth.

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