The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income (loss) | 636,234 | 800,935 | -134,902 |
| Payment of operating costs by related party | - | 24,720 | -24,720 |
| Interest earned on investments held in trust account | 1,022,454 | 1,026,206 | - |
| Prepaid expenses | 11,250 | 74,250 | 0 |
| Accrued administrative expenses due to related party | 30,000 | - | - |
| Accrued offering costs and expenses | - | - | 5,833 |
| Accounts payable and accrued expenses | 65,552 | -9,934 | - |
| Net cash used in operating activities | -301,918 | -340,008 | -104,349 |
| 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 | 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 | 0 | 318,221 | 68,119 |
| Proceeds from promissory note - related party | - | 0 | 100,000 |
| Repayment of promissory note - related party | - | 205,640 | - |
| Repayment of related party advance | - | 0 | 7,045 |
| Net cash used in financing activities | 0 | 115,776,139 | 24,836 |
| Net change in cash | -301,918 | 436,131 | -79,513 |
| Cash, beginning of period | 485,927 | 49,796 | 129,309 |
| Cash, end of the period | 184,009 | 485,927 | 49,796 |
Lake Superior Acquisition Corp (LKSPU)
Lake Superior Acquisition Corp (LKSPU)