LightWave Acquisition Corp.
lightwaveacquisition.comLightWave Acquisition Corp (NASDAQ: LWAC) is a blank check special purpose acquisition company incorporated as a Cayman Islands exempted corporation on January 22, 2025, formed for the purpose of completing a merger, share exchange, asset acquisition, or similar business combination with one or more target businesses. The company generates no operating revenue. It raises capital through public equity offerings and holds those proceeds in a trust account until an initial business combination is completed. LWAC completed its IPO on June 26, 2025, selling 21,562,500 units at $10.00 per unit, generating gross proceeds of $215,625,000, with a total of $215,625,000 placed into a U.S.-based trust account held by Continental Stock Transfer & Trust Company. The company has not identified a specific acquisition target as of the 10-K filed March 31, 2026. No dividends have been paid and none are anticipated prior to the completion of a business combination. The sponsor is LightWave Founders LLC, a Delaware limited liability company.
Products & Services
Units consisting of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at $11.50 per share. 21,562,500 public units and 606,250 private placement units issued as of the IPO close on June 26, 2025.
Revenue Model
No operating revenue. Income is generated from earnings on investments held in the Trust Account. For the period from January 22, 2025 (inception) through December 31, 2025, earnings from Trust Account investments were $4,454,851, driving net income of $3,633,569.
Customers & Markets
Public equity investors and institutional participants in the SPAC market. No commercial customers or end markets; the company has no operating business as of December 31, 2025.
Geographic Exposure
Incorporated in the Cayman Islands. Trust account is U.S.-based. No operating geographic footprint disclosed in the 10-K filed March 31, 2026.
Source: SEC 10-K, filed 2026-03-31
Financial Snapshot
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