Lake Superior Acquisition plans liquidation after Openmarkets merger closes
LKSP•Lake Superior Acquisition plans to liquidate promptly after its business combination with Openmarkets Group International closes. Openmarkets will receive its assets and assume its liabilities; the parties expect the liquidation to be taxable, and the deal’s outside date is March 31, 2027.
1. Liquidation plans
Lake Superior Acquisition will be liquidated promptly following the closing of its business combination under an amended agreement dated November 3, 2026. Openmarkets Group International will receive its assets and assume its liabilities. The parties expect the liquidation to be taxable, and the business combination’s outside date is March 31, 2027.
