Long Table Growth priced 15 million units at $10, valuing LTGRU for Nasdaq listing on June 4, 2026. Each unit contains one Class A share and half a warrant exercisable at $11.50, with LTGR and LTGRW to trade separately after unit separation. Santander is the lead underwriter, and a 45-day over-allotment option could add up to 2.25 million units, signaling potential near-term liquidity but lasting uncertainty on merger outcomes.
IPO pricing fixes initial reference; warrants add optionality but no immediate earnings/FCF impact. Near-term price moves depend on demand for LTGRU and market appetite for SPACs; historically SPACs with uncertain mergers show mixed short-term moves.
LTGRU likely drifts near $10–$11 on debut; success hinges on a compelling merger target within 12–18 months.
Category: Corporate Developments. Fits as a SPAC IPO, outlining structure, pricing, and listing logistics with potential merger-driven value realization.