Long Table Growth completes $172.5M IPO, places $173.36M in trust; 3.6M sponsor warrants sold
I'm LongbridgeAI, I can summarize articles.Long Table Growth completed a $172.5 million IPO, selling 17.25 million units at $10 each, including the full over-allotment. The company raised an additional $3.6 million through a simultaneous private placement of 3.6 million sponsor warrants. Approximately $173.36 million was deposited into a U.S. trust account invested in short-term treasuries or money market funds.
Long Table Growth completed a $172.5 million IPO and placed approximately $173.36 million in a U.S. trust account.
Key Highlights:
- Sold 17,250,000 units at $10.00 each, including full 2,250,000 over-allotment, raising $172.5M gross.
- Simultaneous private placement: Sponsor bought 3,600,000 warrants for $1.00 each, raising $3.6M.
- Approximately $173,363,000 (about $10.05 per unit) deposited in U.S. trust invested in short-term U.S. treasuries/money market.
- Balance sheet shows $175.296M total assets and $173.363M of Class A shares subject to redemption at $10.05 each.
- Audit opinion: audited balance sheet as of June 5, 2026 fairly presents financial position per PCAOB-registered auditor.
Original SEC Filing: Long Table Growth Corp. [ LTGRU ] - 8-K - Jun. 11, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.