Leapfrog Acquisition Corporation
LFACW
NASDAQ Global Market0.35
USD
+0.03
- -
Leapfrog Acquisition Corporation
LFACW
(NASDAQ Global Market)
Recent
price
0.35
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- LF Capital Acquisition Corp. II operates as a blank check company, or special purpose acquisition company (SPAC), whose primary purpose involves pursuing a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more target businesses; it focuses its search on opportunities in financial services, financial technology, technology, digital assets, or consumer products sectors. Incorporated in 2021 and headquartered in Dallas, Texas, the company raised $258.75 million through its initial public offering of 25,875,000 units in November 2021, priced at $10.00 per unit, with each unit consisting of one Class A common share and one-half of a redeemable warrant exercisable at $11.50 per share; trading occurred on Nasdaq under symbols LFAC, LFACW for warrants, and LFACU for units. The company generates no operational revenues or products, relying instead on its trust account proceeds held at approximately 102% of IPO cash for funding a potential de-SPAC transaction. In recent developments, LF Capital Acquisition Corp. II entered a non-binding letter of intent in February 2023 for a business combination with a U.S.-based packaging manufacturer featuring blue-chip customers and multi-year contracts, pursued extensions of its combination deadline through charter amendments approved in June 2023 to November 19, 2023 with sponsor contributions including $2.71 million from Level Field Capital II LLC, but ultimately failed to execute a definitive agreement; directors resolved to dissolve and liquidate in September 2023, redeeming public shares at approximately $10.87 each by October 3, 2023, after which shares ceased trading and the entity wound down operations. The sponsor, Level Field Capital, a global SPAC platform following its prior successful merger of LF Capital Acquisition Corp. with Landsea Homes Corporation (NASDAQ: LSEA) in 2021, provided ongoing trust contributions during extensions; as of late 2025, LFACW warrants reflect residual over-the-counter trading activity amid high volatility, though the core SPAC has completed liquidation with no further business combinations or revivals reported.
LF Capital Acquisition Corp. Warrants: Potentially Significant Upside By September 22, 2020