Goldman Sachs reports 623,431 shares (5.3%) in Lake Superior

Goldman Sachs Group and Goldman Sachs & Co. LLC reported shared beneficial ownership of 623,431 Class A Ordinary Shares of Lake Superior Acquisition Co as of 03/31/2026, representing 5.3% of the class.

Rhea-AI Filing Summary

Goldman Sachs Group and Goldman Sachs & Co. LLC reported shared beneficial ownership of 623,431 Class A Ordinary Shares of Lake Superior Acquisition Co as of 03/31/2026, representing 5.3% of the class. The filing is a joint Schedule 13G submitted under a joint filing agreement; certain holdings are reported by Goldman Sachs reporting units and disclaimers about client and managed‑entity holdings are included.

Insights

Corporate Governance Attorney

Filing reflects passive, joint reporting with standard broker/adviser disclaimers.

The Schedule 13G lists 623,431 shares and a 5.3% stake as of 03/31/2026, filed jointly by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC. The exhibits include a Joint Filing Agreement and subsidiary attribution under parent holding rules.

Disclaimers note client accounts and managed entities whose holdings are excluded. Future amendments would be required if ownership or intent changes.

Equity Markets Analyst

Reported stake is sizeable for disclosure but routine for an institutional holder.

The filing quantifies a 5.3% position in Lake Superior Acquisition Co as of 03/31/2026. The reporting structure attributes the holdings to Goldman Sachs reporting units and clarifies that some client/managed interests are disaggregated.

This Schedule 13G signals passive ownership under Rule 13d-1; any shift to active intent would trigger different reporting obligations.

Key Figures

Reported shares: 623,431 shares Percent of class: 5.3% Beneficial ownership date: 03/31/2026 +1 more

4 metrics

Reported shares 623,431 shares Amount beneficially owned reported on Schedule 13G

Percent of class 5.3% Percent of Class A Ordinary Shares as stated on cover pages

Beneficial ownership date 03/31/2026 Date tied to the ownership figures

Signature date 04/03/2026 Execution date of the filing signature

Key Terms

Shared Voting Power, Beneficially owned, Joint Filing Agreement, Parent holding company

4 terms

Shared Voting Power regulatory

"Shared Voting Power 623,431.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

Beneficially owned regulatory

"Amount beneficially owned: See the response(s) to Item 9"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Joint Filing Agreement legal

"EXHIBIT (99.1) JOINT FILING AGREEMENT"

Parent holding company regulatory

"The securities being reported on by The Goldman Sachs Group, Inc. ("GS Group"), as a parent holding company"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does Goldman Sachs report in Lake Superior Acquisition Co (LKSP)?

Goldman Sachs reports shared beneficial ownership of 623,431 shares, equal to 5.3% of the Class A Ordinary Shares as of 03/31/2026. The position is reported jointly by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC.

Does this Schedule 13G indicate active control by Goldman Sachs in LKSP?

No. The Schedule 13G filing format and the filing language indicate passive reporting. The exhibits include standard disclaimers that certain client and managed‑entity holdings are excluded and that the reporting units disclaim beneficial ownership of those interests.

Who signed the joint filing for LKSP and when was it signed?

The joint filing agreement and Schedule 13G were signed by Veronica Mupazviriwo as Attorney‑in‑fact for both filers. Signature dates shown are 04/03/2026, reflecting execution of the filing exhibits and authorization.

What exhibits accompany the Schedule 13G for LKSP?

The filing includes a Joint Filing Agreement (Exhibit 99.1), subsidiary identification under parent holding rules (Exhibit 99.2), and an Item 4 information exhibit describing reporting‑unit disclaimers (Exhibit 99.3). These explain attribution and exclusions.

Will Goldman Sachs need to change reporting if its intent changes?

Yes. If the reporting persons move from passive to active intent or exceed reporting thresholds, they must amend filings and may need to file under Rule 13D rather than 13G. The Schedule 13G itself does not specify future intent changes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/08/2026 - 01:58 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

LAKE SUPERIOR ACQUISITION CO

(Name of Issuer)

Class A Ordinary Shares, no par value

(Title of Class of Securities)

G5354C107

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G5354C107

1

Names of Reporting Persons

THE GOLDMAN SACHS GROUP, INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 623,431.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 623,431.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

623,431.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP Number(s): G5354C107

1

Names of Reporting Persons

GOLDMAN SACHS & CO. LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 623,431.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 623,431.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

623,431.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

BD, OO, IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LAKE SUPERIOR ACQUISITION CO
(b)	Address of issuer's principal executive offices: 521 Fifth Avenue, 17th Floo, New York, X1,10175
Item 2.
(a)	Name of person filing: THE GOLDMAN SACHS GROUP, INC.| GOLDMAN SACHS & CO. LLC
(b)	Address or principal business office or, if none, residence: The Goldman Sachs Group, Inc. 200 West Street New York, NY 10282| Goldman Sachs & Co. LLC 200 West Street New York, NY 10282
(c)	Citizenship: THE GOLDMAN SACHS GROUP, INC. - Delaware| GOLDMAN SACHS & CO. LLC - New York
(d)	Title of class of securities: Class A Ordinary Shares, no par value
(e)	CUSIP Number(s): G5354C107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: See the response(s)to Item 11 on the attached cover page(s).
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit (99.2)
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

THE GOLDMAN SACHS GROUP, INC.

Signature:	Name: Veronica Mupazviriwo
Name/Title:	Attorney-in-fact
Date:	04/03/2026

GOLDMAN SACHS & CO. LLC

Signature:	Name: Veronica Mupazviriwo
Name/Title:	Attorney-in-fact
Date:	04/03/2026

Exhibit Information

EXHIBIT (99.1) JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, the undersigned agree to the joint filing of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Class A Ordinary Shares, no par value, of LAKE SUPERIOR ACQUISITION CO and further agree to the filing of this agreement as an Exhibit thereto. In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to such Statement on Schedule 13G. Date: THE GOLDMAN SACHS GROUP, INC. By:/s/ Veronica Mupazviriwo ---------------------------------------- Name: Veronica Mupazviriwo Title: Attorney-in-fact GOLDMAN SACHS & CO. LLC By:/s/ Veronica Mupazviriwo ---------------------------------------- Name: Veronica Mupazviriwo Title: Attorney-in-fact EXHIBIT (99.2) ITEM 7 INFORMATION The securities being reported on by The Goldman Sachs Group, Inc. ("GS Group"), as a parent holding company, are owned, or may be deemed to be beneficially owned, by Goldman Sachs & Co. LLC ("Goldman Sachs"), a broker or dealer registered under Section 15 of the Act and an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. Goldman Sachs is a subsidiary of GS Group. EXHIBIT (99.3) ITEM 4 INFORMATION *In accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned by certain operating units (collectively, the "Goldman Sachs Reporting Units") of The Goldman Sachs Group, Inc. and its subsidiaries and affiliates (collectively, "GSG"). This filing does not reflect securities, if any, beneficially owned by any operating units of GSG whose ownership of securities is disaggregated from that of the Goldman Sachs Reporting Units in accordance with the Release. The Goldman Sachs Reporting Units disclaim beneficial ownership of the securities beneficially owned by (i) any client accounts with respect to which the Goldman Sachs Reporting Units or their employees have voting or investment discretion or both, or with respect to which there are limits on their voting or investment authority or both and (ii) certain investment entities of which the Goldman Sachs Reporting Units act as the general partner, managing general partner or other manager, to the extent interests in such entities are held by persons other than the Goldman Sachs Reporting Units.