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Launchpad Cadenza Acquisition Corp I (Nasdaq: LPCVU) completed its initial public offering on December 19, 2025, selling 23,000,000 units at $10.00 per unit for $230,000,000 gross proceeds, including the full 3,000,000‑unit over‑allotment.
Each unit includes one Class A ordinary share and one‑third of a redeemable warrant; whole warrants will trade separately as LPCVW when separated, exercisable at $11.50 per share. Of the offering proceeds, $230,000,000 (or $10.00 per unit) was placed in trust. Units began trading on December 18, 2025 on Nasdaq under LPCVU; Class A shares and warrants are expected to list as LPCV and LPCVW after separation.
The company is a blank check company focused on acquisitions in technology and software infrastructure, especially blockchain, fintech, and digital assets.
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