LTGR Long Table Growth Corp.

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Executive Summary

The SEC declared effective Long Table Growth Corp.'s S-1 registration statement for its SPAC IPO on June 3, 2026. The offering is for 15,000,000 units at $10.00 each, raising $150,000,000, with units expected to list on Nasdaq under the symbol LTGRU. This marks the transition from registration to active marketing and pricing, with trading expected imminently.

Actionable Insight

Key Facts

• Effectiveness date: June 3, 2026
• Registration statement (S-1/A) declared effective for SPAC IPO
• Offering size: 15,000,000 units at $10.00/unit, total $150,000,000
• Each unit consists of one Class A ordinary share and one-half of one redeemable warrant
• Warrants exercisable at $11.50/share, 30 days after business combination, expire 5 years after
• Underwriter has 45-day option for up to 2,250,000 additional units (over-allotment)
• Units to list on Nasdaq under symbol LTGRU; shares and warrants under LTGR and LTGRW
• 18-month deadline to complete initial business combination or liquidate
• Public shareholders have redemption rights in connection with business combination
• Founder shares purchased for $25,000 create significant dilution for public shareholders

Financial Impact

IPO proceeds of $150,000,000 (before underwriting discounts and expenses) will be held in trust pending a business combination. Over-allotment could add up to $22,500,000.

Risk Factors

• No target identified — risk of liquidation if no business combination within 18 months
• Significant dilution from founder shares purchased for $25,000
• Warrant overhang may pressure common shares post-business combination
• SPAC market headwinds and regulatory scrutiny could affect deal execution

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

US Market Status

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