05:02 PM EDT, 10/08/2025 (MT Newswires) -- Lake Superior Acquisition ( LKSPU ) said late Wednesday it has closed its initial public offering of 11.5 million units at $10 apiece, including the full exercise of an over-allotment option.

Each unit consists of one Class A share and one-seventh of a right, with each whole right entitling the holder to receive one Class A share following a merger.

The units began trading on Nasdaq Oct. 7.