Leapfrog Acquisition Corp prices $125 M SPAC IPO

Leapfrog Acquisition Corporation (LFACU) announced on December 5, 2025 that it has priced its initial public offering at 12,500,000 units for US$10.00 per unit, raising gross proceeds of US$125,000,000. Each unit consists of one Class A ordinary share plus half of one redeemable warrant. The warrants have a strike price of US$11.50 per share and can be exercised within five years following the completion of an initial business combination. Once separated, the ordinary shares and warrants are expected to trade under the Nasdaq Global Market symbols LFAC and LFACW, respectively. The offering was managed by BTIG, LLC as sole book‑running manager. Underwriters have been granted a 45‑day over‑allotment option to purchase up to an additional 1,875,000 units to cover potential extra demand. According to the company, Leapfrog Acquisition Corp is a “blank check” special‑purpose acquisition company (SPAC) — its purpose is to seek one or more target businesses for a merger, acquisition, share exchange, or similar business combination. The company says it will prioritize opportunities in the international energy supply chain and critical minerals sectors, including related infrastructure. A registration statement for the offering was declared effective by U.S. Securities and Exchange Commission (SEC) on December 4, 2025. The IPO units began trading on December 5, 2025 on the Nasdaq Global Market under the ticker LFACU. #SPAC #IPO #LeapfrogAcquisition #Nasdaq #SlimScan #GrowthStocks #CANSLIM