Lafayette Digital Acquisition Q2 net income rises to $2.38 million; H1 net income climbs to $4.27 million
Reuters2026/08/13 20:40Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Lafayette Digital Acquisition posted Q2 net income of USD 2.38 million, driven by USD 2.56 million of Trust Account interest income.
- General and administrative expenses totaled USD 186,057, offsetting USD 6,681 of interest income on bank deposits.
- First-half net income rose to USD 4.27 million, led by USD 4.75 million of interest income on investments held in the Trust Account.
- Cash used in operating activities was USD 605,530, while cash held outside the Trust Account stood at USD 709,155.
- Marketable securities in the Trust Account were USD 292.25 million, and management flagged substantial doubt about going concern absent a deal by Jan. 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: 0001213900-26-089156), on August 13, 2026, and is solely responsible for the information contained therein.
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