LaFayette Acquisition Corp. Announces Closing of $115 Million Initial Public Offering

Rhea-AI Summary

LaFayette Acquisition Corp (NASDAQ:LAFAU) closed its initial public offering on October 27, 2025, selling 11,500,000 units (including 1,500,000 units from full exercise of the underwriters' over-allotment) at $10.00 per unit, generating $115,000,000 in gross proceeds.

Of the proceeds from the IPO and a simultaneous private placement, $115,000,000 was placed in trust. Each unit contains one ordinary share and one right to receive one-tenth of a share upon a business combination. Units trade on the Nasdaq Global Market under LAFAU; ordinary shares and rights are expected to trade as LAFA and LAFAR once separated. Christophe Charlier leads the special purpose acquisition company. EarlyBirdCapital served as book-running manager and IB Capital as co-manager.

Positive

• $115,000,000 in gross IPO proceeds
• $115,000,000 of proceeds placed in trust
• Full exercise of 1,500,000 over-allotment units

Negative

• No identified acquisition target at closing; SPAC formed to pursue a business combination
• Funds are placed in trust until a business combination, limiting immediate operating use

Insights

SPAC capital markets analyst

LaFayette closed a $115,000,000 SPAC IPO; proceeds placed in trust while units begin trading on Nasdaq.

LaFayette Acquisition Corp. completed an initial public offering of 11,500,000 units at $10.00 each, raising gross proceeds of $115,000,000. The offering included the full exercise of a 1,500,000-unit over‑allotment and the same $115,000,000 was placed in trust, consistent with a typical special purpose acquisition company structure. The units are trading on the Global Market tier of Nasdaq under the symbol LAFAU and the underlying ordinary shares and rights are expected to trade separately as LAFA and LAFAR once separated.

The primary business mechanism is simple: the SPAC holds cash in trust to finance a future combination with one or more targets led by Christophe Charlier. Key dependencies include the identification and contractually closing a qualifying business combination within the SPAC’s specified timeframe and any regulatory or shareholder approvals required for that transaction. The press release confirms a October 22, 2025 registration effectiveness date, and underwriters named were EarlyBirdCapital, Inc. and IB Capital.

Concrete items to watch in the near term are the commencement of separate trading of the component securities, the announced target company for the business combination, and the deadline by which the SPAC must close a deal; these events will materially change the capital allocation and shareholder dilution profile. Monitor those milestones within typical SPAC timelines and any disclosed trust redemption terms for clearer investor implications.

Paris, France, Oct. 27, 2025 (GLOBE NEWSWIRE) -- LaFayette Acquisition Corp. (the “Company”) announced today the closing of its initial public offering of 11,500,000 units, including 1,500,000 units issued pursuant to the exercise of the underwriters’ over-allotment option in full. The offering was priced at $10.00 per unit, generating total gross proceeds of $115,000,000. Of the proceeds received from the initial public offering and a simultaneous private placement of units, $115,000,000 was placed in trust.

The Company, which is led by Christophe Charlier, is a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. 

The units are listed and trading on the Global Market tier of the Nasdaq Stock Market (“Nasdaq”) under the symbol “LAFAU.” Each unit consists of one ordinary share and one right entitling the holder thereof to receive one-tenth of one ordinary share upon the completion of an initial business combination. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols “LAFA” and “LAFAR,” respectively.

EarlyBirdCapital, Inc. served as the book-running manager of the offering and IB Capital acted as co-manager for the offering.

A registration statement relating to these securities became effective on October 22, 2025. The offering was made only by means of a prospectus, copies of which may be obtained by contacting EarlyBirdCapital, Inc. at 366 Madison Avenue, 8^th Floor, New York, New York 10017, Attention: Syndicate Department, by telephone at 212-661-0200. 

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 to registration or qualification under the securities laws of any such state or jurisdiction.

About LaFayette Acquisition Corp.

LaFayette Acquisition Corp. is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, or reorganization or engaging in any other similar business combination with one or more businesses or entities. The Company is led by Christophe Charlier, Chairman and Chief Executive Officer. The Company may pursue a business combination with a target in any industry or geographic region that it believes can benefit from the expertise and capabilities of its management team.

Forward-Looking Statements 

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including with respect to the anticipated use of the proceeds from the initial public offering, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements, including those set forth in the risk factors section of the registration statement and prospectus for the Company’s initial public offering. Copies of these documents can be accessed through the SEC’s website at www.sec.gov. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.

Media Contact:

LaFayette Acquisition Corp.
christophe@lafayetteacquisitioncorp.com
+33 1 45 75 86 28

FAQ

What did LaFayette Acquisition Corp (LAFAU) raise in its October 27, 2025 IPO?

LaFayette raised $115,000,000 from the sale of 11,500,000 units at $10.00 per unit.

How much of LaFayette Acquisition Corp's IPO over-allotment was exercised on October 27, 2025?

The underwriters exercised the over-allotment in full, adding 1,500,000 units to the offering.

What does it mean that LaFayette placed $115,000,000 in trust?

The $115,000,000 proceeds from the IPO and private placement were deposited in a trust account to be used upon completion of a qualifying business combination.

Under which tickers will LaFayette securities trade on Nasdaq after separation?

Units currently trade as LAFAU; upon separation, ordinary shares are expected to trade as LAFA and rights as LAFAR.

Who led LaFayette Acquisition Corp and who managed the offering?

The SPAC is led by Christophe Charlier; EarlyBirdCapital served as book-running manager and IB Capital as co-manager.

Where can investors obtain the LaFayette prospectus for the October 2025 IPO?

Prospectus copies are available by contacting EarlyBirdCapital, Syndicate Department, 366 Madison Avenue, 8th Floor, New York, NY 10017, or by telephone at 212-661-0200.