The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 |
|---|---|---|
| Net income | 1,835,182 | 300,371 |
| Payment of operation costs through promissory note | - | 58,158 |
| Interest earned on investments held in trust account | 2,027,507 | 556,356 |
| Prepaid expenses | 3,808 | 192,857 |
| Long-term prepaid expenses | - | 198,350 |
| Accrued expenses | 10,693 | 101,392 |
| Net cash used in operating activities | -185,440 | -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 | -185,440 | 738,076 |
| Cash beginning of period | 738,076 | - |
| Cash end of period | 552,636 | 738,076 |
Activate Energy Acquisition Corp. (AEAQU)
Activate Energy Acquisition Corp. (AEAQU)