Long Table Growth Corp. completed a public offering that raised $172.5 million through the sale of 17.25 million units, each priced at $10. The sale reflected the full exercise of the underwriters' over-allotment option, which added 2.25 million units to the offering.
Each unit issued in the offering comprises one Class A ordinary share paired with one-half of a redeemable warrant. Two halves form a whole warrant, and a full warrant may be exercised to acquire a Class A ordinary share at a price of $11.50 per share. The bundled units started trading on NASDAQ under the ticker LTGRU on June 4, 2026.
Concurrently with the public sale, Long Table Growth Corp. completed a private placement in which it sold 3.6 million warrants to Long Table Growth Sponsor LLC for $1 per warrant, producing additional gross proceeds of $3.6 million. Those private placement warrants carry the same $11.50 per-share exercise price as the public warrants.
The company placed the combined proceeds from both transactions - totaling $173.36 million - into a trust account. That trust amount represents $10.05 for each unit sold in the public offering. The filing indicates that, once the units are split for separate trading, the underlying Class A ordinary shares and warrants will trade under the symbols LTGR and LTGRW, respectively.
Long Table Growth Corp. operates as a special purpose acquisition company that intends to pursue a merger with or acquire businesses operating in select sectors, specifically financial technology, property technology, industrial technology and energy transition. The company is based in Dallas and notes that its management team has experience across the investment areas it is targeting.
Santander acted as the sole book-running manager for the offering. The Securities and Exchange Commission declared the registration statement effective on June 3, 2026.
The transaction structure includes standard SPAC financing elements: units combining equity and warrants, a sponsor private placement of warrants, and proceeds held in trust pending the identification and completion of a qualifying business combination. The offering's mechanics and the placement of funds in trust are consistent with the company's stated objective to identify and execute an acquisition within its stated sectors.