<span item_type="fundamental" item_id="e36031a0b2c9c0ac553772165df546eb" counter_id="ST/US/LKSP" env="prod"></span><span item_type="announcement" item_id="615414309528867585" env="prod"></span><p>Revenue: As of FY2025, the actual value is USD 0.</p><p>EPS: As of FY2025, the actual value is USD 0.1.</p><p>EBIT: As of FY2025, the actual value is USD -1.386 M.</p><p></p><p>Lake Superior Acquisition Corp. operates as a single, undifferentiated segment, and therefore, no segmented financial metrics are reported <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>.</p><h4>Net Income (Loss)</h4><ul><li>For the year ended December 31, 2025, net income was $666,033, which included $1,026,206 in interest income from the Trust Account and $360,173 in general and administrative expenses <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>.</li><li>For the period from March 19, 2024 (inception) through December 31, 2024, the net loss was - $62,691, entirely due to general and administrative expenses <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>.</li></ul><h4>Cash Position</h4><ul><li>As of December 31, 2025, cash held outside the Trust Account totaled $485,927 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>.</li><li>As of December 31, 2024, cash held outside the Trust Account was $129,309 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>.</li></ul><h4>Working Capital</h4><ul><li>As of December 31, 2025, working capital was $431,882 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>.</li></ul><h4>Investments Held in Trust Account</h4><ul><li>As of December 31, 2025, investments held in the Trust Account amounted to $116,026,206, primarily in money market funds investing in U.S. Treasury securities <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>.</li></ul><h4>Other Financial Metrics</h4><ul><li>As of December 31, 2025, a deferred underwriting fee of $4,600,000 was payable <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>.</li><li>A promissory note from a related party had $94,360 outstanding as of December 31, 2025, compared to $200,000 outstanding as of December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>.</li><li>For the year ended December 31, 2025, administrative service fees incurred were $27,742 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>.</li></ul><h4>Outlook / Guidance</h4><p>Lake Superior Acquisition Corp. anticipates incurring substantial costs for its acquisition plans and may require additional financing to complete its initial business combination or fund post-acquisition operations <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>. The company faces significant doubt about its ability to continue as a going concern if it fails to complete a business combination by April 8, 2027, which could lead to liquidation <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>. There is no assurance that plans to raise capital or successfully complete a business combination will be realized <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2043508/000147793226000781/lake_10k.htm"></span>.</p>

Lake Superior Acquisition | 10-K: FY2025 Revenue: USD 0