other material
confidence high
sentiment neutral
materiality 0.75
Lafayette Digital Acquisition Corp I closes $287.5M IPO, deposits proceeds in trust
Lafayette Digital Acquisition Corp. I
- IPO of 28,750,000 units at $10.00 each, including full over-allotment, gross proceeds $287.5M.
- Private placement of 760,000 units at $10.00 to sponsor (435,000) and BTIG (325,000), gross $7.6M.
- Net $287.5M deposited in trust account for benefit of public shareholders.
- Balance sheet as of Jan 12, 2026: $289.3M total assets, $287.5M trust, $1.78M cash, $10.7M liabilities.
- Company has 24 months from IPO closing to complete a business combination.