Lake Superior Acquisition Corp. Announces Pricing of $100 Million Initial Public Offering

NEW YORK, Oct. 6, 2025 /PRNewswire/ -- Lake Superior Acquisition Corp. (the "Company") a newly organized blank check company incorporated as a British Virgin Islands exempted company and led by Chief Executive Officer Edward Cong Wang today announced the pricing of its initial public offering of 10,000,000 units at $10.00 per unit, with each unit consisting of one Class A ordinary share and one-seventh (1/7) of one right. Each whole right is convertible into one Class A ordinary share at the closing of the Company's initial business combination. The units are expected to trade on the Nasdaq Global Market ("Nasdaq") under the ticker symbol "LKSPU" beginning on October 7, 2025. Once the securities comprising the units begin separate trading, the Company expects that the Class A ordinary shares and rights will be listed on Nasdaq under the symbols "LKSP" and "LKSPR," respectively.

Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC ("CCM"), is acting as the sole book-running manager for the offering. Loeb & Loeb LLP is serving as legal advisor to the Company. Morgan, Lewis & Bockius LLP is serving as legal advisor to CCM.

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