Launchpad Streetlight Acquisition, a blank check company targeting restaurants, hotels, and hospitality, filed on Friday with the SEC to raise up to $200 million in an initial public offering.
The company plans to raise $200 million by offering 20 million units at $10.00. Each unit consists of one share of common stock and one-half of one warrant, exercisable at $11.50.
Launchpad Streetlight Acquisition is led by CEO and Director Anthony Ackil, the founder and CEO of Streetlight Ventures, and Chairman of Red Robin (Nasdaq: RRGB), Anna’s Taqueria, and Tio Juan’s Mexican Restaurant. He is joined by CFO Jennifer Calabrese, the CEO of Athena Technology Acquisition II (ATEK) which is pending a merger with Ace Green Recycling, and Chairman Mitchell Kahn, a Partner at Streetlight Ventures and law firm Bogal & Kahn. The SPAC plans to target the restaurant, hotel and other hospitality industries, hospitality focused technology, casinos, gaming and entertainment industries, and food and beverage companies, among others.
The Oakland, CA-based company was founded in 2025 and plans to list on the Nasdaq under the symbol LPSLU. Launchpad Streetlight Acquisition filed confidentially on September 12, 2025. Cantor Fitzgerald is the sole bookrunner on the deal.
