Leapfrog Acquisition Corporation

Leapfrog Acquisition Corporation is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated in the Cayman Islands. It was established in 2025 to effect a merger, amalgamation, share exchange, asset acquisition, or similar business combination with one or more target businesses. The company targets opportunities within the international energy supply chain and critical minerals sectors, focusing on assets vital to the energy transition and defense industries that feature significant geographic or regulatory barriers to entry. Leapfrog Acquisition Corporation completed its initial public offering in December 2025, raising $143.75 million through 12.5 million units priced at $10.00 each, resulting in a market capitalization of approximately $171 million. Each unit comprises one Class A ordinary share and one-half of a redeemable warrant. As of January 2026, the company announced the separate trading of its Class A ordinary shares and warrants. Headquartered in Summit, New Jersey, it operates with a 24-month tenor to complete a deal, capitalizing on secular demand for strategic materials in global markets.