Long Table Growth Corp. Announces \$150 Million Initial Public Offering
DALLAS, TX, June 3, 2026 – Long Table Growth Corp. (NASDAQ: LTGRU) has officially announced the pricing of its initial public offering (IPO), marking a significant event for investors and the broader market. The company will offer 15,000,000 units at \$10.00 per unit, with trading expected to commence on the Nasdaq Global Market under the ticker symbol LTGRU beginning June 4, 2026.
Key Details of the Offering
- IPO Size: \$150 million, through the sale of 15,000,000 units at \$10.00 per unit.
- Unit Structure: Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant allows shareholders to purchase one Class A ordinary share at an exercise price of \$11.50 per share, subject to adjustments. Note that only whole warrants are exercisable.
- Secondary Trading: After the units begin separate trading, the Class A ordinary shares and warrants will be listed under the symbols LTGR and LTGW (inferred from LTG), respectively.
- Over-Allotment Option: The company has granted underwriters a 45-day option to purchase up to an additional 2,250,000 units at the IPO price to cover potential over-allotments.
- Book-Running Manager: Santander US Capital Markets LLC is acting as the sole book-running manager for the offering.
Company Profile and Strategic Direction
Long Table Growth Corp. is a blank check company (SPAC) formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company is not restricted to any specific industry, sector, or geographic region for its initial business combination, but intends to target businesses aligned with the management team’s expertise in:
- Financial technology
- Property technology
- Industrial technology/infrastructure
- Energy transition
The management team has a proven track record in these sectors, which may influence the selection of a target business and the eventual performance of the company post-combination.
Important Information for Shareholders
- Potential Share Price Movements: The IPO announcement, pricing, and commencement of trading are all price-sensitive events. The structure of the units (including warrants) may impact trading activity and volatility, especially once separate trading begins.
- Business Combination Risks: The company’s future performance—and share price—will depend on its ability to successfully identify and complete a business combination. There is no assurance that a transaction will occur, or that it will be value-accretive.
- Forward-Looking Statements: The press release contains forward-looking statements regarding the IPO and use of proceeds. These are subject to risks and uncertainties, including those detailed in the company’s registration statement and prospectus filed with the SEC.
- Regulatory Status: The registration statement was declared effective by the SEC on June 3, 2026. The offering is only made by means of a prospectus, and certain regulatory restrictions may apply.
- Investor Contact: For further information, shareholders may contact Investor Relations at [email protected].
How to Obtain the Prospectus
Investors can request copies of the prospectus from Santander US Capital Markets LLC, 437 Madison Ave, New York, NY 10022, Attention: ECM Syndicate, via email at [email protected], telephone at 833-818-1602, or by visiting SEC’s website.
Forward-Looking Statements Disclaimer
This article contains information based on forward-looking statements in the company’s press release, including expectations for the IPO, the use of proceeds, and the potential for a business combination. These statements are subject to risks and uncertainties that may cause actual results to differ materially. Investors are urged to review the risk factors in the company’s SEC filings and to exercise caution when making investment decisions. This article does not constitute an offer to sell or a solicitation of an offer to buy the securities mentioned herein.
