Long Table Growth(NASDAQ) LTGR

Long Table Growth Corp. helps businesses become public companies. It finds private firms and merges with them. This process gives companies access to the stock market.

What Does Long Table Provide?

• Business Combinations: Mergers or asset acquisitions that allow private companies to list shares on an exchange.
• Trust Funding: Capital held in a protected account to finance future acquisitions or shareholder redemptions.
• Private Placements: Sale of warrants, which are rights to buy stock, to provide the firm with additional capital.

Moving Toward a Merger

• Raised $172,500,000 through an initial public offering of 17,250,000 units on June 5, 2026.
• Closed a private placement of 3,600,000 warrants with the sponsor for $3,600,000 on June 5, 2026.
• Repaid an approximately $269,000 promissory note to the sponsor in connection with the public offering.
• Entered into an administrative support agreement for office space and utilities in June 2026.

A Strictly Defined Timeline

The company must complete a business combination by December 5, 2027, or return its funds to shareholders. It maintains a trust account to protect investor capital while management evaluates potential targets for acquisition.

Numbers From the Trust Account

• Trust account funding reached $173,363,000 as of June 5, 2026.
• Cash and cash equivalents were approximately $1,625,000 as of June 30, 2026.
• Other income totaled approximately $391,000 for the six-month period ended June 30, 2026.
• Operating costs totaled approximately $321,000 for the six-month period ended June 30, 2026.

Bottom Line

Long Table functions as a financial vehicle to identify and acquire a target business within a set timeframe. It holds liquid resources to fund its search while protecting investor proceeds in a dedicated trust.