Aspire-Lakewood Holdings, Inc.
For the period ended Dec 31, 2024. Filed Apr 7, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Apr 7, 2025
ASBP$8.51+5.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Shareholders’ Deficit
FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023
| Class A · Class B · Additional · Total | |||||||
|---|---|---|---|---|---|---|---|
| Ordinary Shares · Ordinary Shares · Paid-in · Accumulated · Shareholders’ | |||||||
| Shares | Amount | Shares | Amount | Capital | Deficit | Deficit | |
| Balance – December 31, 2022 | — | — | 7,187,500 | 719 | — | (9,938,620) | (9,937,901) |
| Conversion of Class B shares to Class A | 7,187,500 | 719 | (7,187,500) | (719) | — | — | — |
| Reduction of U/W Fee Payable | — | — | — | — | 10,812,500 | — | 10,812,500 |
| Contribution - shareholder non-redemption agreements | — | — | — | — | 118,298 | — | 118,298 |
| Shareholder non-redemption agreements | — | — | — | — | (118,298) | — | (118,298) |
| Face value of convertible note in excess of fair value | — | — | — | — | 152,430 | — | 152,430 |
| Remeasurement for Class A shares to redemption value | — | — | — | — | — | (5,813,213) | (5,813,213) |
| Net income | — | — | — | — | — | 4,464,079 | 4,464,079 |
| Balance – December 31, 2023 | 7,187,500 | $719 | — | $— | $10,964,930 | $(11,287,754) | $(322,105) |
| Shareholder non-redemption agreements | — | — | — | — | (784,302) | — | (784,302) |
| Fair value of subscription loan - conversion option | (2,477,416) | (2,477,416) | |||||
| Contribution - shareholder non-redemption agreement | 784,302 | 784,302 | |||||
| Face value of convertible note in excess of fair value | — | — | — | — | 315,464 | — | 315,464 |
| Remeasurement for Class A shares to redemption value | — | — | — | — | — | (548,676) | (548,676) |
| Net loss | — | — | — | — | — | (12,537,472) | (12,537,472) |
| Balance – December 31, 2024 | 7,187,500 | $719 | — | $— | $8,802,978 | $(24,373,902) | $(15,570,205) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.