L Catterton Asia Acquisition Corporation

L Catterton Asia Acquisition Corporation

LCAA
L Catterton Asia Acquisition CorporationUS flagNASDAQ Capital Market
13.51
USD
+0.32
- -
391.06MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
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Growth Rates

FRC

in mil. unless spec.
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Quarterly Revenue

FRC

in mil. unless spec.
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Quarterly Earnings Per Share

FRC

in mil. unless spec.
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Quarterly Dividends Per Share

FRC

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Company Description

APIChat
CEO
Chintamani Aniruddha Bhagat
Sector
Financial Services
Industry
Shell Companies
Address
Asia Square Tower 1 Singapore Singapore 018960
IPO Date
May 6, 2021
Website
lcaac.com
Business
L Catterton Asia Acquisition Corporation (LCAA), a blank check company sponsored by affiliates of L Catterton, focuses on effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations primarily with consumer technology companies in Asia; it offers no independent products or services beyond its SPAC structure. Headquartered in Singapore and founded in 2021, the company raised $250 million in its initial public offering in March 2021 and targeted IPO-ready businesses through L Catterton Asia 3, leveraging the global firm's resources across private equity, credit, and real estate platforms. LCAA completed a definitive business combination with Lotus Technology Inc., a luxury electric vehicle manufacturer, which closed on February 22, 2024, resulting in Lotus Technology listing on NASDAQ under the ticker LOT while LCAA shares continue trading post-merger; this transaction valued the deal at approximately $7 billion and followed Lotus securing over $870 million in financing ahead of completion, marking LCAA's primary strategic realization with no subsequent major acquisitions, partnerships, or operational shifts reported.

Company News

APIChat
  • Lotus Technology Celebrates Public Listing on Nasdaq

  • EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger

  • Lotus Tech and L Catterton Asia Acquisition Corp Complete Business Combination

  • Lotus Tech secures $870 mln ahead of deal completion with L Catterton SPAC

  • Lotus Technology releases first ESG report, targets carbon neutrality by 2038

  • Lotus Robotics Designated by Leading Automakers to License its Intelligent Driving Solutions