LTGRU Long Table Growth Corp.
Price Chart
Executive Summary
Long Table Growth Corp. closed its IPO of 17.25M units at $10.00/unit, including the full exercise of the underwriter's over-allotment option. Each unit consists of one Class A ordinary share and one-half of a warrant exercisable at $11.50/share. The offering reflects the demand for SPAC vehicles and capital available in the blank-check market.
Key Financial Metrics
Actionable Insight
Monitor for the identification of a target business combination — the SPAC will have ~$172.5M in trust for a de-SPAC transaction. Trading in units, shares, and warrants will likely separate shortly, creating arbitrage opportunities between components.
Key Facts
- Closed IPO of 17.25M units at $10.00 per unit.
- Underwriter exercised over-allotment option in full for 2.25M additional units.
- Each unit consists of one Class A ordinary share and one-half of one redeemable warrant.
- Warrants exercisable at $11.50 per full share.
- Gross proceeds of approximately $172.5M before expenses.
Financial Impact
Gross proceeds of roughly $172.5 million from unit sale at $10.00 each.
Risk Factors
- No target identified yet — SPAC has 18-24 months to find a merger target or must liquidate.
- Warrant overhang from 8.625M potential shares if all warrants are exercised.
- Common stock dilution if the sponsor takes promote shares in a future de-SPAC.
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3307563 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
9d ago
|
8-K
| $10.01 awaiting T+1 | awaiting T+1 | — | $10.01 (+0.00%) |
|
Jun 5, 2026
9d ago
|
Press Release
| $10.01 awaiting T+1 | awaiting T+1 | — | $10.01 (+0.00%) |
|
Jun 4, 2026
10d ago
|
424B4
| $10.01 awaiting T+1 | awaiting T+1 | — | $10.01 (+0.00%) |
|
Jun 3, 2026
11d ago
|
Press Release
| $10.01 $10.01 | · 0.00% | ▲ +2.60% | $10.01 (+0.00%) |
US Market Status
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