The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 300,371 |
| Payment of operation costs through promissory note | 58,158 |
| Interest earned on investments held in trust account | 556,356 |
| Prepaid expenses | 192,857 |
| Long-term prepaid expenses | 198,350 |
| Accrued expenses | 101,392 |
| Net cash used in operating activities | -487,642 |
| Investment of cash in trust account | 230,000,000 |
| Net cash used in investing activities | -230,000,000 |
| Proceeds from sale of units, net of underwriting discounts paid | 225,400,000 |
| Proceeds from sale of private placement units | 6,450,000 |
| Repayment of promissory note - related party | 261,522 |
| Payment of offering costs | 362,760 |
| Net cash provided by financing activities | 231,225,718 |
| Net change in cash | 738,076 |
| Cash and cash equivalents end of period | 738,076 |
Activate Energy Acquisition Corp. (AEAQ)
Activate Energy Acquisition Corp. (AEAQ)