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Loeb & Loeb represented Lake Superior Acquisition Corp., a blank-check company, in its $115 million initial public offering.
The offering consisted of 11,500,000 units, which included the full exercise of the underwriters’ over-allotment option, at an offering price of $10.00 per unit. Each unit consists of one Class A ordinary share and one-seventh of one right, with each whole right entitling the holder to receive one Class A ordinary share upon consummation of the company’s initial business combination.
The units began trading on the Nasdaq Global Market under the ticker symbol “LKSPU” on October 7, 2025, and closed on October 8. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights will be listed on Nasdaq under the symbols “LKSP” and “LKSPR,” respectively.
The Loeb team included Giovanni Caruso, co-chair of the firm’s SPACs practice, and Capital Markets associate Yunpeng (George) Du.
For more information, please see Lake Superior Acquisition Corp.’s press release.
The offering consisted of 11,500,000 units, which included the full exercise of the underwriters’ over-allotment option, at an offering price of $10.00 per unit. Each unit consists of one Class A ordinary share and one-seventh of one right, with each whole right entitling the holder to receive one Class A ordinary share upon consummation of the company’s initial business combination.
The units began trading on the Nasdaq Global Market under the ticker symbol “LKSPU” on October 7, 2025, and closed on October 8. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights will be listed on Nasdaq under the symbols “LKSP” and “LKSPR,” respectively.
The Loeb team included Giovanni Caruso, co-chair of the firm’s SPACs practice, and Capital Markets associate Yunpeng (George) Du.
For more information, please see Lake Superior Acquisition Corp.’s press release.
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