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Lafayette Digital Acquisition Q1 FY26 net income rises to $1.89 million

PUBT·05/13/2026 20:33:31
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Lafayette Digital Acquisition Q1 FY26 net income rises to $1.89 million
  • Lafayette Digital Acquisition posted net income of USD 1.89 million for three months ended March 31, 2026, reflecting USD 2.19 million of interest income from Trust Account investments.
  • Interest income on bank deposits totaled USD 4,055, while general and administrative expenses reached USD 305,457.
  • Marketable securities held in Trust Account rose to USD 289.69 million, including USD 2.19 million of interest income.
  • Cash held outside Trust Account was USD 846,656, while net cash used in operating activities was USD 468,029.
  • Management flagged substantial doubt about ability to continue as a going concern, citing need to complete initial business combination by January 12, 2028.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lafayette Digital Acquisition Corp. I published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-055847), on May 13, 2026, and is solely responsible for the information contained therein.