---
title: "Lake Superior Acquisition | 10-K: FY2025 Revenue: USD 0"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/275809804.md"
published_at: "2026-02-12T21:25:45.000Z"
---

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

Revenue: As of FY2025, the actual value is USD 0.

EPS: As of FY2025, the actual value is USD 0.1.

EBIT: As of FY2025, the actual value is USD -1.386 M.

Lake Superior Acquisition Corp. operates as a single, undifferentiated segment, and therefore, no segmented financial metrics are reported .

#### Net Income (Loss)

-   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 .
-   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 .

#### Cash Position

-   As of December 31, 2025, cash held outside the Trust Account totaled $485,927 .
-   As of December 31, 2024, cash held outside the Trust Account was $129,309 .

#### Working Capital

-   As of December 31, 2025, working capital was $431,882 .

#### Investments Held in Trust Account

-   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 .

#### Other Financial Metrics

-   As of December 31, 2025, a deferred underwriting fee of $4,600,000 was payable .
-   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 .
-   For the year ended December 31, 2025, administrative service fees incurred were $27,742 .

#### Outlook / Guidance

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 . 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 . There is no assurance that plans to raise capital or successfully complete a business combination will be realized .

### Related Stocks

- [LKSP.US - Lake Superior Acquisition](https://longbridge.com/en/quote/LKSP.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.