Perkins Coie Advises Long Table Growth Corp. on $172.5 Million IPO
NEW YORK—Perkins Coie is pleased to have advised Long Table Growth Corp. in connection with its $172.5 million initial public offering of 17.25 million units at a public offering price of $10 per unit. The units trade on the Nasdaq Global Market under the symbol LTGRU.
Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols LTGR and LTGRW, respectively.
Long Table Growth Corp. is a special purpose acquisition company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. While it may pursue an initial business combination in any industry, sector, or geographic region, it expects to focus on a prospective target business that fits within its management team’s historical areas of business expertise. Long Table Growth Corp.’s management team’s long track record includes varied investments across financial technology, property technology, industrial technology/infrastructure, and energy transition.
The Perkins Coie team was led by Partner Elliott Smith and included Counsels Sarah Ross and Jordan Leon, as well as Associate April Foreman.