Lafayette Digital Acquisition Corp. I recently released its audited balance sheet as of January 12, 2026.
The balance sheet provides insights into the company's financial position and highlights key aspects of its assets and liabilities.
Understanding the current assets, liabilities, and shareholders' deficit is crucial for investors to assess the company's financial health.
Lafayette Digital Acquisition Corp. I, a blank check company incorporated in the Cayman Islands in August 2025, aims to pursue a Business Combination through its SPAC structure.
Company Description
Lafayette Digital Acquisition Corp. I is a Special Purpose Acquisition Company (SPAC) formed with the sole purpose of merging with a private company, taking it public without going through the traditional initial public offering process.
Assets Overview
The company's assets include current assets like cash and prepaid expenses, in addition to a trust account holding cash designated for future mergers and acquisitions.
Liabilities Breakdown
Current liabilities encompass accrued offering costs, expenses, and a promissory note, impacting the overall liabilities and shareholders' deficit on the balance sheet.
- The audited balance sheet enhances Lafayette Digital Acquisition Corp. I's credibility with investors, showcasing a commitment to financial transparency and compliance with accounting standards.
- Revealed financial data assists potential investors in assessing the company's preparedness for mergers, acquisitions, and other financial strategies.
The audited balance sheet of Lafayette Digital Acquisition Corp. I as of January 12, 2026, offers a detailed snapshot of the company's financial position, serving as a vital tool for prospective investors and stakeholders to gauge its stability and growth potential.