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Lake Superior Acquisition LKSP · USD

N/A · US listing · 🇺🇸 United States

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10.32

+0.10%

Close of 9 Nov 2026, in USD

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About Lake Superior Acquisition

From its filings with the US Securities and Exchange Commission

SEC filings

Lake Superior Acquisition is based in New York, New York. Its shares trade on Nasdaq under the ticker LKSP. The SEC classifies its business as blank checks. In the fiscal year to 31 December 2025, it reported net income of $666,033. At that date it held total assets of $116.6m and shareholders' equity of −$4.2m.

In its own words

Our Sponsor is Lake Superior Investments LLC, a Delaware limited liability company. Our Sponsor was established by Edward Cong Wang to leverage his extensive experience in acquiring, building, operating and scaling global financial services and complex operations businesses in constantly evolving environments. Mr. Wang has over 15 years of global M&A experience and expertise and has held senior leadership positions as the Chairman, President and Chief Executive Officer at Pacifico Acquisition Corp. (Nasdaq: PAFO) and as Chief Financial Officer at Redwoods Acquisition Corp. (Nasdaq: RWOD).

On December 16, 2022, PAFO completed its business combination with Caravelle Group Co., Ltd. (“Caravelle”), a global ocean technology company providing international shipping services and carbon-neutral solutions for wood desiccation. Prior to the business combination, PAFO experienced approximately 99.56% of public shares redemption. This business combination was approved by PAFO’s shareholders at a special meeting held on November 30, 2022. Following the transaction, the combined company, Caravelle International Group, began trading on Nasdaq under the ticker symbol “CACO” on December 19, 2022. As of January 6, 2025, the ordinary shares of Caravelle International Group trade at $4.12.

Quoted from its 10-K, filed 12 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
N/A
Industry
N/A
Listed since
7 Oct 2025
Head office
521 FIFTH AVENUE, NEW YORK, NY, 10175
Classification
Blank Checks
Filer status
Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in New York City, a major financial hub
  • IPO scheduled for 2025-10-07 providing future capital access
  • Formed specifically for business combinations without current operations

Weaknesses

  • No current operations or revenue generation
  • Blank check company structure with no established business
  • No industry or sector classification provided

Opportunities

  • Potential for business combination with a target company
  • Access to capital markets through IPO process
  • Strategic positioning for future acquisitions

Threats

  • Market volatility affecting IPO success
  • Uncertainty around finding suitable business combination targets
  • Regulatory scrutiny common for blank check companies

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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