Core Viewpoint - Leapfrog Acquisition Corporation has announced the pricing of its initial public offering (IPO) of 12,500,000 units at a price of $10.00 per unit, with trading expected to commence on December 5, 2025, on the Nasdaq Stock Market under the symbol LFACU [1]. Company Overview - Leapfrog Acquisition Corporation is a special purpose acquisition company (SPAC) formed to engage in mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [2][7]. - The company is led by Matthew R. Pollard (CEO), Abhay N. Pande (President and Chief Investment Officer), and Kevin M. Murphy (Chief Financial Officer) [2][7]. IPO Details - Each unit in the offering consists of one Class A ordinary share and one half of one redeemable warrant, with a strike price of $11.50 per ordinary share, exercisable within five years of completing an initial business combination [3]. - The offering is managed by BTIG, LLC, which has a 45-day option to purchase up to an additional 1,875,000 units at the IPO price to cover over-allotments [4]. Business Focus - The company will prioritize businesses in the international energy supply chain and critical minerals sectors, including related infrastructure, in its search for attractive merger candidates [8].
Leapfrog Acquisition Corp Announces Pricing of $125,000,000 Initial Public Offering
Globenewswire·2025-12-05 09:39