Long Table Growth Corp. filed a Form 10-Q with the SEC on November 6, 2026, covering the quarterly period ended September 30, 2026, disclosing its first quarter of net income since completing its initial public offering earlier in 2026.

Key Highlights

  • Net income of $1,192,000 for the three months ended September 30, 2026, compared to a net loss of $3,913,000 for the nine-month period.
  • Trust Account balance of $175,337,000 as of September 30, 2026, with 17,250,000 Class A ordinary shares subject to possible redemption at $10.16 per share.
  • Advisory fee expense of $5,175,000 recorded during the nine-month period, with a corresponding advisory fee payable on the balance sheet.
  • Total assets of $176,901,000 as of September 30, 2026, up from $158,000 at December 31, 2025, following completion of the public offering.
  • Total shareholders' deficit of $(9,103,000) as of September 30, 2026, compared to $(5,000) at December 31, 2025.
  • Income on investments held in Trust Account of $1,588,000 for the three months ended September 30, 2026, was the primary driver of quarterly net income.

Long Table Growth Corp. Q3 2026 Financial Results and Trust Account Activity

According to the filing, Long Table Growth Corp. (NASDAQ:LTGRU) reported net income of $1,192,000 for the three months ended September 30, 2026, driven primarily by $1,588,000 of income on investments held in its Trust Account, partially offset by $408,000 in general and administrative expenses. For the nine-month period ended September 30, 2026, the company reported a net loss of $3,913,000, which the filing attributes largely to a one-time advisory fee expense of $5,175,000 recorded during that period.

The company disclosed total assets of $176,901,000 as of September 30, 2026, the vast majority of which consists of the $175,337,000 held in the Trust Account. The filing states that 17,250,000 Class A ordinary shares are subject to possible redemption at a redemption value of $10.16 per share. As of November 6, 2026, the company reported 17,250,000 Class A ordinary shares and 5,750,000 Class B ordinary shares issued and outstanding. The filing also notes that the underwriter exercised its over-allotment option in full on June 5, 2026, which eliminated the potential forfeiture of 750,000 Class B ordinary shares.

On the liabilities side, the company reported a deferred underwriting payable of $5,175,000 and an advisory fee payable of $5,175,000, contributing to total liabilities of $10,667,000. Cash and cash equivalents in the operating account stood at $1,431,000 as of September 30, 2026, compared to $50,000 at December 31, 2025. The filing indicates net cash used in operating activities of $559,000 for the nine months ended September 30, 2026. The company identified itself as a shell company, smaller reporting company, and emerging growth company in the filing.

What Was Disclosed

Long Table Growth Corp. disclosed its unaudited condensed financial statements for the quarter and nine months ended September 30, 2026, including a Trust Account balance of $175,337,000, a quarterly net income of $1,192,000, a nine-month net loss of $3,913,000, and a total shareholders' deficit of $(9,103,000).