LaFayette Acquisition Corp. (LAFA) Form 10-Q — May 14, 2026
LaFayette Acquisition Corp. reported net income of $839,928 for the quarter ended March 31, 2026, driven primarily by $1.02 million in interest earned on marketable securities held in its Trust Account. This interest income was partially offset by $182,660 in formation, general, and administrative costs, resulting in a positive net income despite the company having no operating revenues. The company holds $116.8 million in its Trust Account, which has grown from $115.8 million at the end of the prior quarter due to interest accruals.
Key figures
- Eps
- 0.05
- Net Income
- 839928
- Total Debt
- 0
- Total Assets
- 117598336
- Cash Position
- 609647
- Interest Income
- 1022588
- Operating Costs
- 182660
- Working Capital
- 655175
- Trust Account Balance
- 116802464
- Shares Outstanding Class A
- 11500000
- Shares Outstanding Class B
- 4213333
Price after filing
Close on the filing date to close N calendar days later (from $10.01). Historical, not a forecast.
AI analysis
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