Luzana Investments Limited

What it is

Luzana Investments Limited is a Special Purpose Acquisition Company (SPAC) — a shell whose sole purpose is to raise capital through an IPO in order to acquire an existing operating company. It owns no products, factories, or revenues of its own; all of those come later, when a target business is identified, bought, and merged in.

Who owns it

Not published: the DCSX listing approval notice — the only primary source available — names the listing advisor (Amicorp Global Markets N.V.) but does not disclose the identities or percentage stakes of the founding shareholders or sponsor. No prospectus, offering circular, or shareholder register has been published on the DCSX website or found through the Centrale Bank van Curaçao en Sint Maarten’s public registry.

DCSX rules require listed companies to disclose material information via their Listing Advisor, but no such ownership filing had appeared in public sources as of this writing.

Who runs it

Not published: the names of the directors, CEO, CFO, or board chair of Luzana Investments Limited do not appear in the DCSX listing notice, on the DCSX market page, or in any other primary source located across multiple searches of the exchange, the Centrale Bank van Curaçao en Sint Maarten, and Cayman Islands commercial register records. DCSX listing rules require ongoing material disclosure through the Listing Advisor; no governance filing has surfaced publicly.

The money, in plain words

The DCSX approved the trading of 50,000 shares at a listed value of USD $40.00 each (nominal value of USD $1.00) — giving the shell a total listed market value of USD $2,000,000 at launch (our calculation). Because no acquisition has been completed, there is no revenue to measure, no profit to keep, and no return on equity to calculate: the only asset is the capital raised from the listing, held in trust pending a deal.

What it is doing now

The company received its tradeable listing approval on 17 January 2025, with Amicorp Global Markets N.V. acting as mandated Listing Advisor.

The SPAC is now in its search phase — scouting for an acquisition target — but no deal, letter of intent, or shortlist has been disclosed publicly as of July 2025.

What to watch

• Acquisition announcement: The single event that transforms this shell into a real company is a deal announcement. Watch the DCSX news feed and Amicorp’s disclosures for any binding agreement or letter of intent.
• Governance disclosure: Once listed, securities can become available for trading through DCSX-registered brokers, and listed companies must regularly disclose material information — including interim and audited annual reports — via their Listing Advisor. Investors should press for director names and sponsor ownership percentages, which remain unpublished.
• Clock risk: SPACs that fail to complete an acquisition within a set timeframe typically return capital to shareholders or liquidate. No deadline has been publicly disclosed for LZNA, making the acquisition timeline a key uncertainty.
• Scale: At a market value of USD $2 million, this is a micro-cap vehicle. Any target it acquires will almost certainly be a small or medium-sized private company, likely in the Caribbean or Latin American region.

This is news, not investment advice.