Core Points - Activate Energy Acquisition Corp. announced the pricing of its initial public offering (IPO) of 20,000,000 units at $10.00 per unit, with trading set to begin on December 4, 2025, under the ticker symbol "AEAQU" [1] - Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with the whole warrant allowing the purchase of one Class A ordinary share at a price of $11.50 per share [1] - The offering is expected to close on December 5, 2025, subject to customary closing conditions, and includes a 45-day option for underwriters to purchase an additional 3,000,000 units [1] Company Overview - Activate Energy Acquisition Corp. is a blank check company incorporated in the Cayman Islands, aiming to effect a merger, share exchange, asset acquisition, or similar business combination [5] - The company intends to focus on industries that complement the management team's background, particularly in the oil and gas sector [5] - Activate Energy Sponsors, LLC is the company sponsor [5]
Activate Energy Acquisition Corp. Announces Pricing of $200,000,000 Initial Public Offering