Lafayette Digital Acquisition I, a blank check company targeting the financial services and technology industries, raised $250 million by offering 25 million units at $10.00. Each unit consists of one share of common stock and one quarter of one warrant, exercisable at $11.50.
Lafayette Digital Acquisition I is led by CEO and Director Samuel Jernigan IV, the CIO of Lafayette Macro Investors, and Senior Advisor to the Scroll Foundation, Puffer Foundation, and Liquid Collective. He is joined by CFO and Director Robert Munro, the co-founder, General Partner, COO, CFO, and CCO of Black Pill Capital. The SPAC intends to target businesses in the financial services and technology industries, including blockchain-enabled financial infrastructure and the broader digital-asset ecosystem, financial technology and payments, artificial-intelligence-enabled financial software, encryption and cybersecurity, and enabling compute and hardware.
Lafayette Digital Acquisition I plans to list on the Nasdaq under the symbol ZKPU. BTIG acted as sole bookrunner on the deal.
