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Leapfrog Acquisition Corporation Units 10-Q Filings

LFACU NASDAQ

Every 10-Q that Leapfrog Acquisition Corporation Units (LFACU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow LFACU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LFACU filings page.

Rhea-AI Summary

Leapfrog Acquisition Corporation, a Cayman Islands SPAC focused on energy and infrastructure opportunities (particularly outside the U.S.), reported results for the quarter ended June 30, 2026. The company has not yet begun operating activities and is still seeking an initial business combination.

Total assets were $147.7 million, including $146.6 million of cash held in a Trust Account invested in interest-bearing instruments, and $1.1 million of cash and prepaid items held outside the Trust Account. Liabilities totaled $5.1 million, mainly a $5.0 million deferred underwriting fee, and there was a shareholders’ deficit of $4.0 million, driven by the classification of redeemable Class A shares outside permanent equity.

For the three and six months ended June 30, 2026, net income was $1.1 million and $2.2 million, respectively, primarily from interest on Trust Account assets of $1.3 million and $2.5 million, partially offset by general and administrative expenses. The Trust holds 14,375,000 Class A public shares subject to possible redemption, with a redemption value of about $10.20 per share as of June 30, 2026. There were 4,791,667 Class B founder shares and 7,187,500 public warrants outstanding.

At June 30, 2026, Leapfrog had $924,963 of cash outside the Trust and a working capital surplus of $1.0 million. Management plans to complete a business combination within the 24‑month completion window and, based on IPO proceeds, believes the company can continue as a going concern, though completion of a transaction is not assured.

Rhea-AI Summary

Leapfrog Acquisition Corporation, a SPAC focused on energy and infrastructure targets, reported net income of $1.07 million for the quarter ended March 31, 2026. Results were driven by $1.25 million of interest earned on cash held in its IPO trust account, partially offset by $175,878 of general and administrative expenses.

Total assets were $146.6 million, including $145.34 million held in the Trust Account backing 14,375,000 Class A shares subject to redemption. Operating cash was $1.01 million, with working capital surplus of $1.12 million, which management believes is sufficient while it seeks a business combination within its 24‑month completion window.

Rhea-AI Summary

Leapfrog Acquisition Corporation, a Cayman Islands-based blank check company, reported a net loss of $60,889 for the three months ended September 30, 2025, driven by general and administrative expenses with no operating revenue.

As of September 30, 2025, the company had total assets of $295,429, all in deferred offering costs, and a working capital deficit of $331,318, funded by a $75,124 non‑interest promissory note from the sponsor and accrued offering costs.

Subsequent to quarter end, on December 8, 2025, Leapfrog completed its initial public offering of 14,375,000 units at $10.00 each and a private placement of 472,500 units, generating gross proceeds of $143,750,000 and $4,725,000, respectively, with $143,750,000 placed into a trust account for a future business combination.

Transaction costs totaled $8,293,874, and management discloses substantial doubt about going concern prior to the IPO but believes access to IPO proceeds should fund operations while it seeks a business combination within its 24‑month completion window.