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Lake Superior Acquisition Corp

corporate_fare Company Profile

Lake Superior Acquisition Corp

LKSP·NASDAQ·Real Estate & Construction·CIK 0002043508

Lake Superior Acquisition Corp. is a blank check company incorporated in the British Virgin Islands. Its primary business purpose is to complete a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company is an emerging growth company. Its sponsor is Lake Superior Investments LLC, a Delaware limited liability company, established by Edward Cong Wang. Mr. Wang has over 15 years of global mergers and acquisitions experience. He has held senior leadership positions, including Chairman, President, and Chief Executive Officer at Pacifico Acquisition Corp. (Nasdaq: PAFO) and Chief Financial Officer at Redwoods Acquisition Corp. (Nasdaq: RWOD). On December 16, 2022, PAFO completed its business combination with Caravelle Group Co., Ltd., a global ocean technology company. Prior to this, approximately 99.56% of PAFO's public shares were redeemed. The combined company, Caravelle International Group, began trading on Nasdaq under "CACO" on December 19, 2022, with ordinary shares trading at $4.12 as of January 6, 2025. On June 21, 2024, RWOD completed a business combination with ANEW Medical, Inc., a biopharmaceutical company. Prior to this, RWOD's stockholders approved 2 extensions, and approximately 83% of public shares were redeemed, reducing trust account funds from $115 million to $19 million.

Lake Superior Acquisition Corp (NASDAQ:LKSP) is a publicly traded company in the Real Estate & Construction sector. Wiseek has independently scored 6 items for LKSP at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-13, rated 8/10. Across its 6 most recent items scored 7 or higher, the top rating is 9/10, with 6 rated 8 or above. Recent SEC coverage for LKSP spans 10-Q, 8-K, 10-K.

Recent high-impact activity:

  • Q2 2026: Going Concern Doubt Persists as Cash Dwindles to $135,803
  • SPAC Reports Substantial Doubt About Going Concern, Operating Cash Dwindles
  • Lake Superior Acquisition Corp. Unveils Detailed Merger Plan with Openmarkets Group, Outlines Growth Strategy and Capital Raise
  • Lake Superior Acquisition Corp. Files Annual Report Detailing Definitive Merger with Openmarkets Group and Auditor's Going Concern Warning
  • Lake Superior Acquisition Corp. Finalizes Definitive Merger Agreement with Openmarkets Group

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
$666.03K
Op. Cash Flow
-$444.36K
Operating Income
-$360.17K
Cash & Equivalents
$485.93K
Debt / Equity
0.00×
Source: 10-K · filed 2026-02-12 · accession 0001477932-26-000781

Short Interest & Short Volume

1.00 days to cover

FINRA reported short interest of 5,872 shares in LKSP as of the September 15, 2026 settlement, a 6.3% increase from the prior period — about 1.0 days to cover at its recent average daily volume. On September 25, 2026, 100.0% of LKSP volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)5,872 shares as of September 15, 2026
Change vs prior period▲ 6.3%
Days to cover1.00 at avg daily volume of 9,448
Daily short volume (FINRA facilities)100.0% of 14 shares on September 25, 2026
5-day average short volume27.3%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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$10.25
52-week range · as of 2026-08-13 $9.89 – $10.25
Market cap
$200.15M
Volume
7.6K (0.2× avg)
3-mo avg 32.3K
Live data · 2026-09-27 21:20 UTC · Market closed

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feed LKSP - Latest Insights

LKSP
Aug 13, 2026, 4:16 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $10.19
Real-time Price: $10.25 info
Change: +$0.060 (+0.59%) info
Market Cap: $200.148M info
LKSP
May 13, 2026, 7:11 AM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $10.11
Real-time Price: $10.25 info
Change: +$0.140 (+1%) info
Market Cap: $200.148M info
LKSP
Mar 10, 2026, 9:29 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $10.01
Real-time Price: $10.25 info
Change: +$0.240 (+2%) info
Market Cap: $200.148M info
LKSP
Feb 12, 2026, 4:15 PM EST
Filing Type: 10-K
Importance Score:
9
Price at Filing: $10.00
Real-time Price: $10.25 info
Change: +$0.250 (+3%) info
Market Cap: $200.148M info
LKSP
Jan 29, 2026, 8:13 PM EST
Filing Type: 8-K
Importance Score:
9
Price at Filing: $10.01
Real-time Price: $10.25 info
Change: +$0.240 (+2%) info
Market Cap: $200.148M info
LKSP
Jan 23, 2026, 9:02 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $10.00
Real-time Price: $10.25 info
Change: +$0.250 (+3%) info
Market Cap: $200.148M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets