LSE Capital submits IPO application for LSE SPAC-III

MG News | August 03, 2026 at 09:53 AM GMT+05:00

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August 03, 2026 (MLN): LSE Capital (PSX:LSECL) has submitted the IPO application and draft prospectus for the PSX listing of LSE SPAC-III, following the successful listings of SPAC-I and SPAC-II.

The new SPAC intends to raise Rs500m, of which Rs400m including seed funding from LSE Capital will be subscribed by pre-IPO investors, while the general public portion will account for the remaining Rs100m, the company’s filing on PSX revealed today.

The funds raised will be utilized to make investments for the acquisition of potential target companies at a later stage, as permitted under the Public Offering Regulations, 2017.

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