The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 666,033 |
| Payment of operating costs by related party | 0 |
| Interest earned on investments held in trust account | 1,026,206 |
| Prepaid expenses | 74,250 |
| Accounts payable and accrued expenses | -9,934 |
| Net cash used in operating activities | -444,357 |
| Purchase of investments held in trust account | 115,000,000 |
| Net cash used in investing activities | -115,000,000 |
| Proceeds from issuance of founder shares to sponsor | 0 |
| Proceeds from initial public offering | 115,000,000 |
| Proceeds from sale of private placement units | 3,600,000 |
| Payment of underwriter commissions | 2,300,000 |
| Payment of deferred offering costs | 386,340 |
| Proceeds from promissory note - related party | 100,000 |
| Repayment of promissory note - related party | 205,640 |
| Repayment of related party advance | 7,045 |
| Net cash provided by financing activities | 115,800,975 |
| Net change in cash | 356,618 |
| Cash and cash equivalents at beginning of period | 129,309 |
| Cash and cash equivalents at end of period | 485,927 |
Lake Superior Acquisition Corp (LKSP)
Lake Superior Acquisition Corp (LKSP)