Lucens Capital Acquisition I, a blank check company formed by Lucens Capital targeting firms in Argentina, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock, and one-half of one warrant to purchase a share, exercisable at $11.50.
The company is led by CEO Pablo Mineo Tsutsumi Acuña, CFO Juan Pablo Sánchez Loria, and Chairman Martín Molina, all partners at Lucens Capital. Buenos Aires-based Lucens Capital is a middle-market PE firm with portfolio investments primarily in Argentina, as well as Colombia and Chile; its four majority-owned companies operate in specialty chemicals, oilfield services, enterprise software, and hospitality.
The SPAC states that it is focused on identifying a high-quality business based in or with operations or growth primarily linked to Argentina, but that it may consider businesses elsewhere in Latin America, generally with an enterprise value of approximately $400 million to $1.0 billion or more.
Two Argentina-based companies have filed for US IPOs recently, both in the power production space: YPF Energia Electrica (YLUZ) and Genneia (GENN).
The New York, NY-based company was founded in 2026. It plans to list on the NYSE under the symbol LCNS.U. Lucens Capital Acquisition I filed confidentially on July 7, 2026. EarlyBirdCapital is the sole bookrunner on the deal.
