Lafayette Digital Sponsor Buys 435,000 Private Units
Lafayette Digital Sponsor I, LLC, a 10% owner of Lafayette Digital Acquisition Corp. I, reported buying 435,000 private units on January 12, 2026.
Rhea-AI Filing Summary
Lafayette Digital Sponsor I, LLC, a 10% owner of Lafayette Digital Acquisition Corp. I, reported buying 435,000 private units on January 12, 2026. Each private unit consists of one Class A ordinary share and one-fourth of one redeemable warrant. The sponsor paid $10.00 per unit, for a total purchase price of $4,350,000.
The purchase gives the sponsor 435,000 Class A ordinary shares and 108,750 warrants following the transaction. Each whole warrant allows the holder to buy one Class A ordinary share at $11.50 per share. These warrants become exercisable 30 days after the company completes its initial business combination and expire five years after that business combination or earlier upon redemption or liquidation.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Warrants to purchase Class A Ordinary Shares | 108,750 | $0.00 | $0.00 |
| Purchase | Class A Ordinary Shares | 435,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Reflects the 435,000 private units owned by Lafayette Digital Sponsor I, LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased pursuant to a Private Units Purchase Agreement, dated January 8, 2026, by and between the Issuer's sponsor and the Issuer, at $10.00 per unit for an aggregate purchase price of $4,350,000.
- F2. The warrants included in the private units will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who reported this Form 4 transaction for Lafayette Digital Acquisition Corp. I (ZKPU)?
What securities did Lafayette Digital Sponsor I, LLC acquire in this Form 4 for ZKPU?
What was the purchase price and total value of the private units acquired for ZKPU?
When do the warrants acquired by Lafayette Digital Sponsor I, LLC become exercisable and when do they expire?
What is the exercise price of the warrants reported in this ZKPU Form 4?
How many securities does Lafayette Digital Sponsor I, LLC beneficially own after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.