LaFayette Acquisition closes $115 million IPO and places proceeds in trust account
LaFayette Acquisition Corp. closed its initial public offering on October 27, 2025, selling 11,500,000 units at $10.00 per unit for $115 million in gross proceeds, including units from the full exercise of the underwriters' over-allotment option. A private placement of 380,000 units raised $3.8 million at the same time, and the full $115 million was placed in a trust account for public shareholders. The company has 21 months from the closing to complete a business combination, and the filing states there is no assurance it will do so.
Key points
- 11,500,000 units sold at $10.00 each, including 1,500,000 units from the over-allotment option exercised in full
- 380,000 private placement units sold at $10.00 each for $3.8 million to LaFayette Sponsor LLC and EarlyBirdCapital, Inc.
- $115 million ($10.00 per unit) held in trust; transaction costs totaled $6,731,306
- Combination period runs 21 months from the October 27, 2025 closing
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.