Lake Superior Acquisition Corp - 2026年季度报告

LAKE SUPERIOR ACQUISITION CORP. Check whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ As of May 13, 2026, 15,693,333 Class A ordinary shares, including Class A ordinary shares underlying the units, and 3,833,333 ClassB ordinary shares were issued and outstanding. FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2026 Table of Contents CAUTIONARY NOTECONCERNING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q includes “forward-looking statements” within the meaning of Section27A of the Securities Actof 1933, as amended (the “Securities Act”), and Section21E of the Securities Exchange Act of 1934, as amended (the “ExchangeAct”), that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from thoseexpected and projected. All statements, other than statements of historical fact included in this Form10-Q including, withoutlimitation, statements in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” regarding theCompany’s financial position, business strategy and the plans and objectives of management for future operations, are forward-lookingstatements. Words such as “expect,” “believe,” “anticipate,” “intend,” “estimate,” “seek” and variations and similar words andexpressions are intended to identify such forward-looking statements. Such forward-looking statements relate to future events or futureperformance, but reflect management’s current beliefs, based on information currently available. A number of factors could cause PART I – FINANCIAL INFORMATION General and administrative expenses Basic and diluted weighted average shares outstanding, Class A ordinary shares subject to possibleredemption11,500,000— Basic and diluted net income per share, Class A ordinary shares subject to possible redemption$0.04Basic and diluted weighted average shares outstanding, Class A and Class B ordinary shares not (1)Excludes an aggregate of up to 500,000 shares of Class B ordinary shares subject to forfeiture if the over-allotment option is notexercised in full or in part by the underwriter (see Note 5). Class B ordinary shares have been retroactively adjusted to reflect the cancellation of Founder shares (as defined in Note5),which allowed the Sponsor to reduce the purchase of Class B ordinary shares from 5,750,000 to 3,833,333 shares for $25,000,including an aggregate of up to 500,000 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercisedin full or in part by the underwriters (see Note 5). As a result of the underwriter full exercise of its over-allotment option to The accompanying notes are an integral part of the unaudited condensed financial statements. (1)Class B ordinary shares have been retroactively adjusted to reflect the cancellation of Founder shares (as defined in Note5),which allowed the Sponsor to reduce the purchase of Class B ordinary shares from 5,750,000 to 3,833,333 shares for $25,000,including an aggregate of up to 500,000 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised As a result of the underwriter full exercise of its over-allotment option to purchase 1,500,000 units on October 8, 2025, no shareswere subject to forfeiture. The accompanying notes are an integral part of the unaudited condensed financial statements. Table of Contents LAKE SUPERIOR ACQUISITION CORP.NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS Note1 —Description of Organization and Business Operation Lake Superior Acquisition Corp. (the “Company”) is a blank check company incorporated as a British Virgin Island (“BVI”) businesscompany on March 19, 2024. The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, sharepurchase, reorganization or similar business combination with one or more businesses or entities (“Business Combination”). TheCompany is not limited to a particular industry or sector for purposes of consumm