Long Table Growth Corp. closes $172.5 million IPO and places $173.4 million in trust account
Long Table Growth Corp., a blank check company, completed its initial public offering of 17,250,000 units on June 5, 2026, raising $172.5 million in gross proceeds at $10.00 per unit. About $173.4 million, or $10.05 per unit, was placed in a U.S. trust account to fund a future business combination, which must be completed by December 5, 2027.
Key points
- 17,250,000 units sold at $10.00 each, including 2,250,000 units from the full exercise of the underwriters' over-allotment option
- About $173,363,000 ($10.05 per unit) placed in a trust account maintained by Continental Stock Transfer & Trust Company
- Concurrent private sale of 3,600,000 warrants to sponsor Long Table Growth Sponsor LLC at $1.00 each, for $3.6 million
- Company has until December 5, 2027 to complete a business combination; balance sheet as of June 5, 2026 shows shareholders' deficit of $8,584,000
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.