What Lake Superior Acquisition Corp does.

We are a blank check company, incorporated as a BVI business company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We are an emerging growth company and, as such, are subject to all the risks associated with emerging growth companies. Unless otherwise indicated or the context requires otherwise, the words “we,” “us,” “our,” the “Company,” “our Company” “Lake Superior” or “LKSP” refer to Lake Superior Acquisition Corp., a BVI corporation.

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.

Revenue and profit, by fiscal year.

More on LKSP.

• Lake Superior Acquisition Corp summary
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• Lake Superior Acquisition Corp earnings
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• Lake Superior Acquisition Corp ownership and insiders
• Lake Superior Acquisition Corp peers

Figures from Lake Superior Acquisition Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.