Lafayette Digital Acquisition Corp. I 8-K

What Happened
Lafayette Digital Acquisition Corp. I announced it consummated its initial public offering on January 12, 2026. The IPO sold 28,750,000 Units at $10.00 per Unit (underwriters exercised the full 3,750,000-unit over-allotment option), generating $287,500,000 in gross proceeds. At the same time the company completed a private placement of 760,000 Private Units for $7,600,000 (Sponsor purchased 435,000; BTIG purchased 325,000). Each Unit (and Private Unit) consists of one Class A ordinary share and one-quarter of a redeemable warrant; each whole warrant entitles the holder to purchase one Class A ordinary share at $11.50 per share, subject to adjustment. The filing states that $287,500,000 of the net proceeds from the IPO and the private placement (which included $10,062,500 in deferred underwriting commissions) was deposited in a trust account for the benefit of public shareholders. An audited balance sheet as of January 12, 2026 is included as Exhibit 99.1.

Key Details

• IPO: 28,750,000 Units sold at $10.00 per Unit; underwriters exercised 3,750,000-unit over-allotment.
• Private Placement: 760,000 Private Units at $10.00 each, totaling $7,600,000 (Sponsor: 435,000; BTIG: 325,000).
• Unit structure: 1 Class A ordinary share + 1/4 warrant; whole warrant strike price $11.50 per share (subject to adjustment).
• Trust deposit: $287,500,000 of net proceeds deposited into a trust account as of January 12, 2026; this amount included $10,062,500 in deferred underwriting commissions.

Why It Matters
This filing confirms the SPAC has completed its public offering and holds cash in a trust account earmarked for potential business combinations, a key step before pursuing acquisitions. The number and terms of warrants and the private placement purchases may affect future dilution and ownership structure if warrants are exercised or when the company seeks a target. The deposited trust amount and the audited balance sheet provide investors with a clear snapshot of the cash available for the SPAC’s next steps.