{"url_path":"/sec/aeaq/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2083689/0001213900-26-057717-index.html","accession_number":"0001213900-26-057717","cik":"0002083689","ticker":"AEAQ","issuer_name":"Activate Energy Acquisition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2083689/0001213900-26-057717-index.html","primary_entity_key":"0002083689","primary_entity_name":"Activate Energy Acquisition 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STATES \n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\n \n\nFORM 10-Q\n\n \n\n(MARK ONE) \n\n ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor the quarter ended March 31, 2026\n\n \n\n☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor the transition period from                    to                       \n\n \n\nCommission file number: 001-42992\n\n \n\nACTIVATE ENERGY ACQUISITION CORP.\n\n(Exact Name of Registrant as Specified in Its\nCharter) \n\n \n\nCayman Islands N/A\n\n(State\nor other jurisdiction of\n\nincorporation or organization)\n \n(I.R.S.\nEmployer\n\nIdentification No.)\n\n \n\n71 Fort Street, PO Box 500\nGrand Cayman, Cayman Islands KY1-1106\n\n(Address of principal executive offices)\n\n \n\n(302) 207-9500\n\n(Issuer’s telephone number)\n\n \n\nSecurities registered pursuant to Section 12(b)\nof the Act:\n\n \n\nTitle\nof each class\n \nTrading\nSymbol(s)\n \nName\nof each exchange on which registered\n\nUnits, each consisting of one Class A ordinary share and one-half of one warrant AEAQU The Nasdaq Stock Market LLC\n\nClass A ordinary shares, par value $0.0001 per share AEAQ The Nasdaq Stock Market LLC\n\nWarrants, each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share AEAQW The Nasdaq Stock Market LLC\n\n \n\nCheck whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐\n\n \n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐\n\n \n\nIndicate by check mark whether the registrant\nis a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.\nSee definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company”, and\n“emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated\nfiler\n☐\n \nAccelerated\nfiler\n☐\n\nNon-accelerated filer☒ Smaller reporting company☒\n\n  Emerging growth company☒\n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐\n\n \n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒  No ☐\n\n \n\nAs of April 17, 2026, there were 23,645,000 shares of its Class A ordinary shares, par value $0.0001 per share and 7,666,667 shares of its Class B ordinary shares, par value $0.0001 per share outstanding.\n\n \n\n \n\n \n\n \n\n \n\n \n\nACTIVATE ENERGY ACQUISITION CORP.\n\n \n\nFORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2026 \n\nTABLE OF CONTENTS\n\n \n\n \n \nPage\n\n[Part I. Financial Information](#a_001)\n \n \n\n[Item 1. Financial Statements](#a_002)\n \n \n\n[Condensed Balance Sheets\nas of March 31,2026 (Unaudited) and December 31, 2025](#a_003)\n \n1\n\n[Condensed Statement of\nOperations for the Three Months Ended March 31, 2026 (Unaudited)](#a_004)\n \n2\n\n[Condensed Statement of\nChanges in Shareholders’ Deficit for the Three Months Ended March 31, 2026 (Unaudited)](#a_005)\n \n3\n\n[Condensed Statement of\nCash Flows for the Three Months Ended March 31, 2026 (Unaudited)](#a_006)\n \n4\n\n[Notes to Condensed Financial\nStatements (Unaudited)](#a_007)\n \n5\n\n[Item 2. Management’s\nDiscussion and Analysis of Financial Condition and Results of Operations](#a_008)\n \n18\n\n[Item 3. Quantitative and\nQualitative Disclosures Regarding Market Risk](#a_009)\n \n21\n\n[Item 4. Controls and Procedures](#a_010)\n \n21\n\n[Part II. Other Information](#a_011)\n \n \n\n[Item 1. Legal Proceedings](#a_012)\n \n22\n\n[Item 1A. Risk Factors](#a_013)\n \n22\n\n[Item 2. Unregistered Sales\nof Equity Securities and Use of Proceeds](#a_014)\n \n22\n\n[Item 3. Defaults Upon Senior\nSecurities](#a_015)\n \n22\n\n[Item 4. Mine Safety Disclosures](#a_016)\n \n22\n\n[Item 5. Other Information](#a_017)\n \n22\n\n[Item 6. Exhibits](#a_018)\n \n23\n\n[Part III. Signatures](#a_019)\n \n24\n\n \n\ni\n\n \n\n \n\nPART I - FINANCIAL INFORMATION"}