Laris Growth Acquisition Corp.

What the company does

Laris Growth Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company with limited liability and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company has not selected any business combination target and has not initiated any substantive discussions with any target. While it may pursue an acquisition opportunity in any business, industry, sector or geographical location, it intends to focus on identifying and acquiring a high-growth deep-tech business where it believes the private-to-public valuation arbitrage is most compelling and the need for scaled growth capital is greatest.

Use of proceeds

The company is offering 20,000,000 units at an offering price of $10.00 per unit. Net proceeds together with funds from the sale of the private units will be used to fund offering expenses, with $201,000,000 (or $231,150,000 if the over-allotment option is exercised in full) placed in a U.S.-based trust account with Continental Stock Transfer & Trust Company as trustee. The approximately $1,125,000 of net proceeds not held in the trust account will be used for legal, accounting, due diligence and other expenses related to a business combination, legal and accounting fees related to regulatory reporting obligations, Nasdaq and other regulatory fees, office space and administrative services for 21 months, directors' and officers' liability insurance, and working capital to cover miscellaneous expenses.

Underwriters

Extracted from S-1/A 0001213900-26-105340, filed Sep 30, 2026 and verified against that filing text.

Key risk factors

• Blank check company with no selected target

  “We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.”

• Failure to complete business combination within 21 months

  “If we are unable to complete our initial business combination within 21 months from the closing of this offering (as may be extended by shareholder approval to amend our amended and restated memorandum and articles of association to extend the date by which we must consummate our initial business combination), or by such earlier liquidation date as our board of directors may approve, the founder shares and private units may expire worthless, except to the extent they receive liquidating distributions from assets outside the trust account, which could create an incentive for our sponsor, executive officers and directors to complete a transaction even if we select an acquisition target that subsequently declines in value and is unprofitable for public shareholders.”

• Conflicts of interest between management and public shareholders

  “Our sponsor and members of our management team will directly or indirectly own our securities following this offering, and accordingly, they may have a conflict of interest in determining whether a particular target business is an appropriate business with which to effectuate our initial business combination.”

• Founder shares dilution risk

  “The nominal purchase price paid by our sponsor for the founder shares may result in significant dilution to the implied value of your public shares upon the consummation of our initial business combination, and our sponsor is likely to make a substantial profit on its investment in us in the event we consummate an initial business combination, even if the business combination causes the trading price of our ordinary shares to materially decline.”