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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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