Business
Lafayette Digital Acquisition Corp. I Announces Pricing of $250,000,000 Initial Public Offering
Miami, FL, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Lafayette Digital Acquisition Corp. I (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the pricing of its initial public offering of 25,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one-fourth of one redeemable warrant. Each whole warrant, which becomes exercisable 30 days after the completion of the C
About this update from Lafayette Digital Acquisition Corp. I
[{"type":"text","content":"Miami, FL, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Lafayette Digital Acquisition Corp. I (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the pricing of its initial public offering of 25,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one-fourth of one redeemable warrant. Each whole warrant, which becomes exercisable 30 days after the completion of the Company’s initial business combination, will entitle the holder thereof to purchase one Class A ordinary share at $11.50 per share, subject to adjustments. The units are expected to trade on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “ZKPU” beginning January 9, 2026. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols “ZKP” and “ZKPW,” respectively.","length":1085,"tagName":"p"},{"type":"text","content":"BTIG, LLC is acting as sole book-running manager for the offering.","length":66,"tagName":"p"},{"type":"text","content":"The Company has granted the underwriter a 45-day option to purchase up to an additional 3,750,000 units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on January 12, 2026 subject to customary closing conditions.","length":269,"tagName":"p"},{"type":"text","content":"A registration statement relating to the securities sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 8, 2026. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: BTIG, LLC, 65 East 55th Street New York, New York 10022, Attn: Syndicate Department, or by email at [email protected], or by accessing the SEC’s website at www.sec.gov.","length":489,"tagName":"p"},{"type":"text","content":"This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior...