LightJump Acquisition Corporation

LightJump Acquisition Corporation

LJAQU
LightJump Acquisition CorporationUS flagNASDAQ Capital Market
13.15
USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Shell Companies
Address
2735 Sand Hill Road Menlo Park CA United States of America 94025
IPO Date
Jan 6, 2021
Business
LightJump Acquisition Corporation LightJump Acquisition Corporation (LJAQU) operates as a blank check company, or special purpose acquisition company (SPAC), whose primary purpose is to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with an initial focus on technology sector targets offering software and services solutions. Incorporated in 2020 and headquartered in Menlo Park, California, the company raised $138 million in its January 2021 initial public offering, placing proceeds into trust; it does not conduct significant independent operations prior to completing a business combination. In December 2022, LightJump Acquisition Corporation completed a reverse merger transaction with Moolec Science Ltd., a science-based food ingredient company specializing in molecular farming to produce animal proteins in plants; the combined entity trades as Moolec Science SA (MLEC) on Nasdaq, with LightJump serving as its subsidiary post-combination. Geographically, the company targets global opportunities, particularly in technology and now food-tech via its merger partner. No additional products or services are offered beyond its SPAC structure and completed merger activities.