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GlobeNewsWire
1 month ago
Activate Energy Acquisition Corp. Announces Closing of $230,000,000 Initial Public Offering, Including Full Exercise of Underwriters' Over-Allotment Option
GRAND CAYMAN, Cayman Islands, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Activate Energy Acquisition Corp. (Nasdaq: AEAQU) (the “Company”) today announced that it closed its initial public offering of 23,000,000 units at $10.00 per unit, including the issuance of 3,000,000 units as result of the underwriters' exercise of its over-allotment option in full. The gross proceeds from the offering were $230 million before deducting underwriting discounts and estimated offering expenses.