Articles from Launchpad Cadenza Acquisition Corp I

New York, NY, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Launchpad Cadenza Acquisition Corp I (the “Company”) announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are expected to be listed on The Nasdaq Global Stock Market LLC (“Nasdaq”) and begin trading on December 18, 2025, under the ticker symbol “LPCVU.” Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. An amount equal to $10.00 per unit will be deposited into a trust account upon the closing of the offering. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “LPCV” and “LPCVW,” respectively. The offering is expected to close on December 19, 2025, subject to customary closing conditions. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.

Launchpad Cadenza Acquisition Corp I (“Launchpad Cadenza”) is a blank check company formed by Cadenza, an alternative asset manager with a focus on transformative technologies and Launchpad Capital, a technology-focused venture capital firm with extensive SPAC (special-purpose acquisition company) sponsorship experience. The blank check company will be targeting a high-quality technology business in the blockchain, financial technology, or digital infrastructure sectors and plans to bring an exciting and promising company to the public marketplace. The company is led by CEO Max Shapiro and Chairman Kumar Dandapani, both currently executives at Cadenza.