Leapfrog Acquisition, a blank check company targeting energy and infrastructure outside of the US, filed on Thursday with the SEC to raise up to $125 million in an initial public offering.
The company plans to raise $125 million by offering 12.5 million units at a price of $10.00. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.
Leapfrog Acquisition is led by CEO Matthew Pollard, who founded and currently serves as a managing director of Singapore-based investment banking firm Capital Partners Group, and CFO Kevin Murphy, who founded and serves as a managing director of Myanmar-based investment advisory firm Andaman Capital Partners. While the SPAC has not yet selected a target industry or geography, it plans to focus on energy and infrastructure outside of the US.
The Summit, NJ-based company was founded in 2025. It plans to list on the Nasdaq but has not selected a symbol yet (RC Ticker: LPFRU.RC). BTIG is the sole bookrunner on the deal.
