Logistics Innovation Technologies Corp.
LITTU
NASDAQ Global Market10.25
USD
-0.02
- -
CIK
0001848364
CUSIP
54141L209
Return %
Stock
S&P500
1Y
5.13
26.53
3Y
2.50
76.60
5Y
2.50
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Alan Gershenhorn
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 3348 Peachtree Road Atlanta GA United States of America 30326
- IPO Date
- Jun 11, 2021
- CIK
- 0001848364
- Similar Companies
- Business
- Logistics Innovation Technologies Corp. (NASDAQ: LITTU) is a blank check company, or special purpose acquisition company (SPAC), with no significant current operations and focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, particularly targeting innovative companies in the logistics industry, including technology providers or traditional players leveraging technology to enhance supply chain efficiency for brokers, carriers, shippers, and warehouses. The company offers redeemable units consisting of one Class A ordinary share and one-third of a warrant, each whole warrant exercisable at $11.50 for one Class A ordinary share, with no other products or services as it awaits a business combination target. Incorporated in 2021 and headquartered in Atlanta, Georgia, the firm completed its initial public offering in June 2021, raising approximately $341 million through the sale of 34.1 million units at $10.00 per unit, underwritten by Guggenheim Securities as sole bookrunner; as of late 2025, it remains pre-combination with shares trading around $10.25, market capitalization near $437 million, and no announced mergers, acquisitions, funding rounds, or strategic shifts in the last 1-2 years, conducting business globally without subsidiaries or parent relationships.
Logistics Innovation Technologies Corp. Announces Closing of $341 Million Initial Public Offering
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