Long Table Growth Corp. Announces Pricing of $150 Million Initial Public Offering
Rhea-AI Summary
Long Table Growth Corp. (Nasdaq: LTGRU) priced its initial public offering of 15,000,000 units at $10.00 per unit, for listing on the Nasdaq Global Market on June 4, 2026. Each unit includes one Class A share and one-half redeemable warrant exercisable at $11.50. The IPO is expected to close on June 5, 2026, with a 45-day option for underwriters to buy up to 2,250,000 additional units. The blank check company plans a future business combination aligned with its management team’s expertise.
Positive
- IPO priced at 15,000,000 units at $10.00 per unit
- Units to trade on Nasdaq Global Market from June 4, 2026 under LTGRU
- Separate listings planned for shares (LTGR) and warrants (LTGRW)
- Underwriters granted 45-day option for up to 2,250,000 additional units
- Management targets sectors including fintech, proptech, industrial tech/infrastructure and energy transition
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DALLAS, TX, June 03, 2026 (GLOBE NEWSWIRE) -- Long Table Growth Corp. (the “Company”) today announced the pricing of its initial public offering of 15,000,000 units at a price of
Long Table Growth Corp. is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination in any industry, sector or geographic region, it expects to target a prospective target business that fits within its management team’s historical areas of business expertise. The Company's management team’s long track record includes varied investments across financial technology, property technology, industrial technology/infrastructure and energy transition.
Santander is acting as the sole book-running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 2,250,000 units at the initial public offering price to cover over-allotments, if any.
A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on June 3, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from Santander US Capital Markets LLC, 437 Madison Avenue, New York, New York 10022, Attention: ECM Syndicate, by email at equity-syndicate@santander.us, by telephone at 833-818-1602 or by visiting the SEC’s website at www.sec.gov.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds from the offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated, or that the Company will ultimately complete a business combination transaction. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
CONTACT
Investor Relations
ltp@longtablepartners.com
