SPAC Long Table Growth files for a $200 million IPO, targeting fintech, proptech, and energy transition
IPO Overview
Long Table Growth, a blank check company formed by SPAC veteran Gregory Ethridge targeting fintech and other industries, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering. The Dallas, TX-based company plans to offer 20 million units at a price of $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50 per share.
Long Table Growth is led by Chairman and CEO Gregory Ethridge, a director of Vine Hill Capital Investment Corp. （Nasdaq: VCIC）， a special advisor to Vine Hill Capital Investment Corp. II （Nasdaq: VHCPU）， and the former CFO of Canoo and a former Senior Partner at MatlinPatterson Global Advisers. He is joined by CFO and President Joshua Ernst, the founder, Chairman and CEO of RPE Home Inc. d/b/a. Backflip.
The SPAC notes that it may pursue an initial business combination target in any industry or geographic region, but intends to focus on fintech, proptech, industrial technology/infrastructure, and energy transition.
The company was founded in 2025 and plans to list on the Nasdaq under the symbol LTGRU. Santander is the sole bookrunner on the deal.
About the Company
We are a special purpose acquisition company incorporated on November 25, 2025. Our mission is to back and build value-compounding businesses, guiding them to the right capital markets with a disciplined approach rooted in integrity, alignment and creativity. We believe that the following innovative sectors are positioned for growth and will be supported by an increased eagerness of private technology companies becoming publicly traded to access a broader universe of investors. Although there are many industries that contain value-compounding businesses, we intend to initially focus on four areas that we believe are well-positioned for investment and in which we have direct expertise. Financial Technology （“Fintech”）： Fintech infrastructure continues to compound as regulatory momentum converges with embedded finance — shifting value to end-distribution and data advantages that drive superior customer economics and operating leverage. Property Technology （“Proptech”）： Value in proptech is increasingly accruing to high-quality platforms — often through modern transaction workflows, recurring revenue, and efficiency gains — many of which have built resilience through prolonged macro headwinds; as the cycle evolves, we believe that we are positioned to act selectively with discipline and a focus on durable growth among winners. Industrial Technology/Infrastructure: Reindustrialization and supply-chain realignment are pulling forward investment in industrial technology and infrastructure, as companies modernize manufacturing, automation, and logistics to improve resilience, efficiency, and control. Energy Transition: As electricity demand grows faster than legacy supply chains can support, the energy transition is becoming demand-led rather than policy-led, driving innovation across critical infrastructure while warranting discipline amid policy uncertainty.