Activate Energy Acquisition Corp. (AEAQU) Prices $200M IPO
Activate Energy Acquisition Corp. (NASDAQ:AEAQU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AEAQU”, Thursday, December 4, 2025.
The new SPAC intends to focus on industries that complement the management team’s and board of director’s background and network, and to capitalize on the ability of its management team and board of directors to identify and acquire a business, focusing on the oil and gas industry.
Activate Energy is to be led by Chairman and Chief Executive Officer Thomas Fontaine and Chief Financial Officer David Wood. Andrew Childs, Richard Lorentz, Jr. and Jason Spittlehouse will serve on its Board of Directors.
Total SPAC deal count for 2025 year-to-date is now 127. This offering is expected to close on Friday, December 5, 2025.
BTIG, LLC is acting as sole book-running manager for the offering. Winston Strawn LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer and Trust Company is acting as trustee.
