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.
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
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 20w ago | 8-K | $10.02 $10.03 | ▲ +0.10% | ▼ −1.53% | $10.18 (+1.60%) |
Jun 5, 2026 20w ago | Press Release | $10.01 $10.03 | ▲ +0.20% | ▼ −1.66% | $10.18 (+1.70%) |
Jun 4, 2026 20w ago | 424B4 | $10.01 $10.03 | ▲ +0.20% | ▼ −1.66% | $10.18 (+1.70%) |
Jun 3, 2026 20w ago | Press Release | $10.01 $10.03 | ▲ +0.20% | ▲ +1.57% | $10.18 (+1.70%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers