Leapfrog Acquisition Corp (LFAC) Form 10-Q — May 13, 2026
Leapfrog Acquisition Corp reported net income of $1.07 million for the quarter ended March 31, 2026, derived entirely from interest income on the $145.3 million held in its trust account. The company incurred $175,878 in general and administrative expenses, leaving its operating cash balance at $1.01 million. As a blank check company, Leapfrog has not commenced operations or selected a business combination target, focusing its search efforts on the energy or infrastructure sectors outside the United States. The trust account balance, which includes proceeds from the December 2025 IPO, is restricted and will be used to fund a potential merger or acquisition within the completion window.
Key figures
- Eps
- 0.05
- Net Income
- 1,074,594
- Total Assets
- 146,569,305
- Cash Position
- 1,010,279
- Interest Income
- 1,250,472
- Working Capital
- 1,115,772
- Trust Account Balance
- 145,338,085
- Redemption Value Per Share
- 10.11
Price after filing
Close on the filing date to close N calendar days later (from $9.99). Historical, not a forecast.
AI analysis
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