secwatch.observer — SEC 8-K summary
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Issuer:     Leapfrog Acquisition Corp (LFAC)
CIK:        0002084563
Form:       8-K
Filed at:   2025-12-12T23:59:59+00:00
Accession:  0001185185-25-002035
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leapfrog Acquisition Corporation completes $143.75M IPO and $4.725M private placement; audited balance sheet filed
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- Issued 14.375M units at $10.00 each, generating gross proceeds of $143.75M; over-allotment option exercised in full.
- Simultaneous private placement of 472,500 units at $10.00 per unit to sponsor and underwriters raised $4.725M.
- $143.75M deposited in trust account, including $5.03M deferred underwriting commissions; trust holds $10.00 per public share.
- Audited balance sheet shows $145.16M total assets, $1.40M cash outside trust, and shareholders' deficit of $(3.64)M.
- Management notes substantial doubt about going concern but sponsor commitment alleviates it; must complete business combination within 24 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2084563/000118518525002035/0001185185-25-002035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2084563/000118518525002035/leapfrog8k121025.htm
  HTML page:      https://secwatch.observer/filing/0001185185-25-002035

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