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Early-stage oil and gas E&P Lafayette Energy lowers range to $3.50 to $4.50 ahead of $5 million IPO

LEC

Lafayette Energy, an oil and gas E&P operating in Utah and Louisiana, lowered the proposed deal size for its upcoming IPO on Thursday. The Lehi, UT-based company now plans to raise $4.8 million by offering 1.2 million shares at a price range of $3.50 to $4.50. The company had previously filed to offer the same number of shares at a range of $4.00 to $5.00. At the midpoint of...read more

Lafayette Energy refiles and sets terms for a $5 million IPO

LEC

Lafayette Energy, an oil and gas E&P operating in Utah and Louisiana, filed on Friday with the SEC to raise up to $5 million in an initial public offering. The company had previously filed in March 2023, planning to raise $7 million at a $76 million market cap, but withdrew in August 2023. Lafayette Energy is an oil and gas exploration and production company with...read more

Early-stage oil and gas E&P Lafayette Energy withdraws $7 million IPO

LEC

Lafayette Energy, an oil and gas E&P operating in Louisiana, withdrew its plans for an initial public offering on Thursday. It had filed in March 2023 to raise $7 million by offering 1.2 million shares at a price range of $5 to $7. Lafayette Energy is an oil and gas exploration and production company with operations in south central Louisiana, in an area identified as the...read more

Early-stage oil and gas E&P Lafayette Energy files and sets terms for a $7 million IPO

LEC

Lafayette Energy, an oil and gas E&P operating in Louisiana, filed on Friday with the SEC to raise up to $7 million in an initial public offering. The Denver, CO-based company plans to raise $7 million by offering 1.2 million shares at a price range of $5 to $7. At the midpoint of the proposed range, Lafayette Energy would command a fully diluted market value of $76 million. ...read more