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- Controlled Company (new) — Only Class B holders can vote on director appointments, so Nasdaq will consider the company controlled, reducing governance protections.
LTGR SPAC files S-1/A for $150M IPO at $10.00 per unit, with $1.9M net proceeds to company
Filed May 29, 2026 · ~1 min read
Key Changes
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Offering 15,000,000 units at $10.00 each, each with one Class A share and one-half warrant; net proceeds of $150M.
The Offering verify on EDGAR → -
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Net proceeds to company are $1.9M; $150.75M (100.5% of offering) goes to trust account.
Use of Proceeds verify on EDGAR → -
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Founder shares acquired for $0.004 per share; sponsor will own 25% post-offering.
The Offering verify on EDGAR →
4 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 31, 2026 · How we verify