ZKPU SEC filings, in plain English
Everything Lafayette Digital Acq I has filed with the SEC that we hold — 28 filings, newest first, 26 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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What changed: Quarterly report on Form 10-Q for Lafayette Digital Acquisition Corp. I (ZKPU) for the quarterly period ended June 30, 2026, filed August 13, 2026. No business combination target has been selected and no substantive discussions have occurred (the company states it has not, nor has anyone on its behalf, engaged in any substantive discussions with any target). Trust account held $292,251,570 ($10.17 per public share) as of June 30, 2026, up from $10.00 per share at IPO due to interest income. Net income was $2.38 million for Q2 and $4.27 million for the six months. Cash outside trust was $709,155; working capital $697,974. Management expressed substantial doubt about the company's ability to continue as a going concern if a business combination is not completed by January 12, 2028 (the 24-month deadline from the January 12, 2026 IPO). The sponsor's promissory note has been repaid. No working capital loans outstanding. No changes in internal control over financial reporting. No litigation. Why it matters: The deadline for completing a business combination is fixed at January 12, 2028, with no extension mechanism used yet. The trust value has increased modestly, providing a small cushion for redemptions. The company remains in the searching phase with limited operating cash. The going concern warning underscores the urgency to find a target. Investors should monitor for any deal announcement or shareholder actions regarding extensions or redemptions.
What changed vs 2026-05-13trust $289.7M → $292.3M +1%trust account, combination deadline, going-concern doubt1 moved · 2 with no prior record of ours
- Trust account
- $289.7M$292.3M
- Combination deadline
- 2028-01-12 · unchanged
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $2,564,146 was added to the trust between the two filings.
The clause …“offering costs — 188,624 Long term prepaid insurance 54,758 Investments held in Trust Account 292,251,570 — Total Assets $ 293,171,994 $ 188,624 Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’”…
The clause …“there can be no assurance that the Company will be able to consummate any Business Combination by January 12, 2028. No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to”…
The clause …“the Business Combination. In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC 205-40, “Presentation of Financial Statements – Going Concern” (“ASC 205-40”), management has”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: SEC Schedule 13G/A beneficial ownership report accompanied by Power of Attorney exhibits executed by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC. The filing records an administrative update to internal signatory authority rather than a shift in portfolio exposure. The Goldman Sachs entities renewed their Power of Attorney designating specific employees (Sadhiya Raffique, Santosh Vinayagamoorthy, D Guru Prasad, Tobi Amusan, Akash Keshari, Papa Lette, Andrzej Szyszka, Rahail Patel, Taiki Misu, Regina Chan, Abhilasha Bareja, Veronica Mupazviriwo, Sam Prashanth, Ameen Soetan, Abhishek Vishwanathan, Elizabeth Novak, and Matthew Pomfret for the parent; and a subset for the LLC subsidiary) as lawful attorneys-in-fact authorized to execute Rule 13f-1 and Regulation 13D-G filings on their behalf. The document explicitly states these instruments supersede prior authorizations dated July 16, 2025, expire mid-2027, and terminate automatically upon individual employee departure. The text contains zero share quantities, ownership percentages, acquisition dates, or purchase prices referencing ZKPU. Why it matters: This document is purely operational and compliance-driven. It carries no bearing on Lafayette Digital Acq I’s redemption schedule, $10.17 per-share trust balance, January 12, 2028 liquidation deadline, SEARCHING status, extension voting mechanics, merger pipeline, or sponsor governance. Because the filing discloses no institutional trading activity, concentration metrics, or strategic posture toward ZKPU, it provides no intelligence for tracking capital deployment, activist accumulation, or conversion risk. It solely confirms Goldman Sachs’ maintenance of standard, unilaterally revocable internal proxies to satisfy ongoing periodic reporting requirements under the Securities Exchange Act of 1934.
What changed: Schedule 13G beneficial ownership report containing Exhibit 1, a Joint Filing Agreement. The filing establishes a joint submission protocol under Rule 13d-1(k)(1) for five co-reporting persons: SONA ASSET MANAGEMENT (US) LLC, SONA ASSET MANAGEMENT (UK) LLP, Sona Asset Management Limited, Sona Asset Management Cayman Limited, and John Aylward. Executed on May 15, 2026, by Joe Grogan (Chief Compliance Officer), Nicholas Lebo (Head of UK Compliance), John Aylward (Director), and Nathan Day (Director), the agreement allocates individual responsibility for the timeliness, completeness, and accuracy of each party’s own disclosures and amendments, expressly disclaiming liability for one another’s information. Because the provided excerpt omits any aggregate share count or percentage threshold, the filing reports no movement in beneficial ownership levels, nor does it trigger, alter, or provide new data regarding redemption deadlines, trust distribution mechanics, extension votes, or business combination timelines. Why it matters: For investors tracking redemption calendars, trust valuations, or sponsor conduct, this exhibit functions purely as an administrative compliance wrapper that does not adjust Lafayette Digital Acquisition Corp.’s liquidation schedule, unit trust mechanics, or SEARCHING status. The substantive takeaway is limited to the acknowledgment by the named directors and compliance officers that Sona’s affiliated US, UK, Cayman, and principal vehicles have aligned their SEC reporting obligations regarding Class A ordinary shares, par value $0.0001 per share. Future filings will be necessary to determine whether these entities cross reporting thresholds, accumulate meaningful voting power, or signal shifts in sponsor alignment. No claims regarding customer concentration, revenue streams, market sizing, technology roadmaps, partnership structures, or pending litigation are contained in this document.
What changed: A routine compliance exhibit—specifically, a Joint Filing Agreement (Exhibit 99.1) attached to a Schedule 13G beneficial ownership report. The filing introduces no alterations to LMR Partners’ disclosed position, nor does it modify the redemption window, trust valuation mechanics, extension parameters, or sponsor conduct. Exhibit 99.1 solely establishes a procedural framework permitting the seven listed LMR Partners legal entities and two named persons (Ben Levine, Stefan Renold) to submit a single Schedule 13G and all subsequent amendments jointly, while reserving individual responsibility for the accuracy of their respective data. Why it matters: For investors tracking redemption deadlines, trust value movements, extension votes, deal progression, and sponsor accountability, this document confirms administrative continuity rather than transactional activity. It contains zero claims regarding customers, revenue streams, addressable market size, acquisition strategy, proprietary technology, partnership agreements, active litigation, or leadership transitions. The only personnel references identify Shane Cullinane (Chief Operating Officer) and Allyson Hanlon (Deputy General Counsel) as executing the agreement on behalf of the corporate signatories, with the entire action dated May 15, 2026. Because the filing lacks position updates, percentage thresholds, or forward-looking commentary, it does not shift the SEARCHING trajectory, the stated liquidation timeframe, or shareholder redemption calculus, yet it substantiates how institutional block-holders organize disclosure obligations across multi-jurisdictional vehicles.
What changed: Quarterly report (Form 10-Q) for the period ended March 31, 2026, filed by Lafayette Digital Acquisition Corp. I, a blank check company seeking a business combination. This is the first 10-Q since the IPO closed on January 12, 2026. The company raised $287.5 million from the IPO (including full over-allotment) and $7.6 million from a private placement. The trust account now holds $289.7 million ($10.08 per public share). Cash outside trust is $0.85 million. Management expresses substantial doubt about the company's ability to continue as a going concern, noting that it may not have sufficient working capital to meet needs through the business combination deadline. No target has been identified; search is ongoing. The deadline to complete a business combination is January 12, 2028. Why it matters: This filing provides the first post-IPO financial picture. The trust value per share ($10.08) and the going concern warning are key for investors monitoring redemption risk. The absence of any deal target or substantive discussions indicates the SPAC is early in its search. Sponsor and officers have waived redemption rights and agreed to vote for a deal, which reduces but does not eliminate the risk of a failed combination.
What changed vs 2026-02-09going concern APPEAREDgoing-concern doubt, trust account, combination deadline +11 moved · 3 with no prior record of ours
- Going-concern doubt
- not statedstated
- Trust account
- not previously extracted$289.7M
- Combination deadline
- not previously extracted2028-01-12
- Sponsor loans outstanding
- $197Knot matched in this filing
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“the Business Combination. In connection with the Company s assessment of going concern considerations in accordance with FASB ASC 205-40, Presentation of Financial Statements Going Concern ( ASC 205-40 ), management has determined”…
The clause “Deferred offering costs 188,624 Long term prepaid insurance 81,008 Investments held in Trust Account 289,687,424 Total Assets $ 290,802,755 $ 188,624 Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders”…
The clause …“there can be no assurance that the Company will be able to consummate any Business Combination by January 12, 2028. No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: A Schedule 13G filing that functionally operates as a routine compliance exhibit containing two Power of Attorney attachments executed by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC. The filing bears directly on regulatory reporting mechanics rather than SPAC corporate actions. It designates eighteen named employees as lawful attorneys-in-fact, granting them unilateral authority to execute and deliver Rule 13f-1 or Regulation 13D-G filings on behalf of the Goldman Sachs entities concerning securities deemed beneficially owned. The instruments explicitly supersede previously granted authorities dated July 29, 2024, and October 1, 2024, establish a hard expiration date of July 16, 2026, and specify that representation terminates for any agent who ceases employment or relevant functions prior to that expiration. The document contains zero adjustments to acquisition targets, shareholder approval thresholds, trust account withdrawals, extension mechanisms, or sponsor conduct rules. Why it matters: Beyond confirming administrative continuity for SEC ownership disclosures, the text contains no substantive operating claims. Neither entity asserts positions regarding prospective customers, historical or projected revenue, total addressable markets, business strategies, intellectual property, channel partnerships, active litigation, or executive personnel transitions. For investors tracking redemption windows, per-share trust valuations, conversion timelines, or merger execution, this submission provides no directional signal or mechanical trigger; it is strictly procedural housekeeping that requires no shareholder vote, capital commitment, or timeline recalculation by Lafayette Digital Acq I participants.
What changed: A joint filing agreement (Exhibit 99.1) accompanying a Schedule 13G beneficial ownership report. No mechanical terms shifted. The document does not touch redemption schedules, trust accounting, extension options, target acquisition milestones, or sponsor behavior. The named joint filers—Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman—solely executed this paper to consolidate their reporting obligations for a Schedule 13G dated March 31, 2026 under Rule 13d-1(k). Why it matters: Beyond confirming a procedural aggregation of holdings, the filing provides zero substantive insight into Lafayette Digital Acquisition Corp. I’s business trajectory. As contained in the document, there are no allegations or admissions regarding customers, revenue streams, addressable markets, strategic pivots, intellectual property, commercial partnerships, pending litigation, or executive transitions. The text comprises exclusively regulatory boilerplate and signature attributions to Hayley Stein as attorney-in-fact for David J. Snyderman, effective May 13, 2026, referencing compliance with the Securities Exchange Act of 1934.
What changed: 10-K (Annual Report) for fiscal year ended December 31, 2025, filed by Lafayette Digital Acquisition Corp. I, a blank-check SPAC still searching for a target. This is the SPAC's first 10-K, covering the pre-IPO period (inception through December 31, 2025) and including subsequent events for the IPO that closed on January 12, 2026. The filing establishes the redemption mechanics: trust value is $287,500,000, per-share trust value is $10.00, and the deadline to complete a business combination is 24 months from the IPO close (January 12, 2028). No extension or deal announcement has occurred. The filing discloses that the sponsor and BTIG purchased a total of 760,000 private placement units at $10.00 per unit for $7,600,000. The SPAC's business combination target criteria are disclosed, with a stated focus on financial services/technology, including blockchain-enabled financial infrastructure and the broader digital-asset ecosystem, with an expectation to prioritize opportunities aligned with Ethereum. Why it matters: This is the foundational financial filing for a newly-public SPAC. It locks in the trust value ($287.5M / $10.00 per share) and the 24-month deadline (January 2028). It also discloses the terms of the sponsor promote, insider ownership (sponsor holds 25.6% of pro forma shares), and the warrant structure (1/4 warrant per unit, exercisable at $11.50). The specific Ethereum-focused mandate is a differentiator compared to generalist SPACs. The disclosure that the CEO (Mr. Jernigan) founded the Ethereum Monetary Forum with a grant from the Ethereum Foundation signals a deep, possibly unique, sourcing network for potential targets.
What changed: Quarterly report (Form 10-Q) for the period from inception (August 5, 2025) through September 30, 2025, covering the pre-IPO formation period but including subsequent IPO closing details. First quarterly report. Confirms IPO closed on January 12, 2026: 28,750,000 units at $10.00 per unit, full over-allotment exercise, trust funded at $287,500,000 ($10.00 per share). Private placement of 760,000 units at $10.00. Net loss of $58,024 from formation costs. Sponsor promissory note of $101,085 repaid after IPO. No target identified. No changes to redemption mechanics or trust value. Why it matters: Establishes baseline financials and confirms trust per-share value at exactly $10.00 (not $10.17 as might be assumed). Business combination deadline is 24 months from IPO closing (January 12, 2028). No deal activity or target discussions disclosed. Investors should note the trust is precisely $10.00 per share and the company has until January 2028 to complete a deal.
What changed: Form 8-K Current Report and accompanying press release detailing the elective separation and Nasdaq trading commencement of the Class A ordinary shares and warrants underlying the company’s IPO units. The filing announces that commencing February 4, 2026, unit holders may elect to separately trade the underlying securities. Each Unit consists of one Class A ordinary share and one-fourth of one redeemable warrant. Holders requiring separation must direct their brokers to contact Continental Stock Transfer & Trust Company. Unseparated units will continue trading under ZKPU; separated shares will trade under ZKP and separated warrants under ZKPW. The press release specifies that no fractional warrants will be issued and only whole warrants will trade. The registration statement on Form S-1 (333-290473) is recorded as having been declared effective on January 8, 2026. Why it matters: This routine mechanical disclosure does not adjust the redemption calendar, trust account distribution schedule, or the stated January 12, 2028 termination deadline. It contains no announcements regarding target identification, acquisition negotiations, sponsor capital contributions, or trust balance movements. As outlined in the press release attributed to Chief Executive Officer and Chairman Samuel A. Jernigan IV, the blank check vehicle remains focused on pursuing technology sector business combinations. With no shift in deal progress, extension parameters, or sponsor conduct reported, the filing does not materially alter the cash conversion timeline or shareholder voting prerequisites, leaving the SPAC’s searching trajectory intact.
What changed: Form 8-K Current Report disclosing the consummation of the Company’s Initial Public Offering and submitting an audited balance sheet as of January 12, 2026. According to the filing, on January 12, 2026, the Company closed its IPO of 28,750,000 Units at $10.00 per Unit, generating $287,500,000 in gross proceeds, and concurrently closed a private placement of 760,000 Private Units to Lafayette Digital Sponsor I, LLC (435,000 units) and BTIG, LLC (325,000 units) at $10.00 per unit for $7,600,000 in gross proceeds. Management disclosed that $287,500,000 was deposited into a Trust Account administered by Continental Stock Transfer & Trust Company. The filing establishes a 24-month Completion Window from the IPO date, stating that if the Company cannot complete an initial Business Combination within this period, it will liquidate and redeem Public Shares at a pro rata price calculated from the Trust Account balance, expected to be approximately $10.00 per share excluding interest. Transaction costs amounted to $16,395,917, including $5,750,000 in cash underwriting fees and a $10,062,500 deferred underwriting fee owed solely upon consummation of a Business Combination. The Sponsor agreed in a letter agreement to waive redemption rights for Founder and Private Shares and accepted liability if third-party claims deplete the Trust below $10.00 per Public Share, though management explicitly stated it cannot assure the Sponsor can satisfy these obligations since its only assets are Company securities. Why it matters: This filing transitions ZKPU from a shell formation stage to an active searching phase with a definitive liquidity floor and timeline. The 24-month completion window sets the hard deadline for redemptions or a business combination, while the $287,500,000 trust balance anchors the per-share redemption calculation. The document materializes operational risks and capital constraints: working capital outside the trust stands at $1,780,926, subject to an administrative services agreement capping payments to the Sponsor at $20,000 per month. Deal mechanics require any acquired target to hold a fair market value equal to at least 80% of the net trust balance at signing and grant the post-combination entity control exceeding 50% of voting securities. Furthermore, warrant economics are fixed at $11.50 exercise price expiring five years post-deal, and early warrant redemption triggers activate if share prices hit $18.00 over a 20-day period. Management acknowledges geopolitical volatility and inflationary pressures from ongoing conflicts as headwinds that could delay deal sourcing or increase transaction costs, potentially straining the limited $1,780,926 in available operating cash.
What changed: A Joint Filing Agreement appended to a Schedule 13G beneficial ownership report regarding shares of Lafayette Digital Acquisition Corp. I. The filing documents an administrative agreement by which Linden Capital L.P., Linden GP LLC, Linden Advisors LP, and Siu Min Wong will submit a single Schedule 13G statement reflecting their aggregate beneficial ownership as of January 13, 2026, pursuant to Rule 13d-1(k). Saul Ahn signed the agreement on behalf of all four parties. According to the filing text, there are no reported amendments to the SPAC’s redemption calendar, trust share valuation, merger extension provisions, target business development, or sponsor management conduct. Why it matters: As a routine securities-law compliance exhibit, the document provides no updates on corporate actions, liquidity parameters, or combination trajectory. It solely confirms coordinated disclosure administration among current security holders. Because the filing contains no operational data, revenue projections, customer claims, partnership announcements, technology disclosures, or litigation reports, it offers no actionable intelligence for investors evaluating redemption windows, trust preservation, or deal progression.
What changed: 8-K Current Report filed to report the closing of the initial public offering (IPO) of Lafayette Digital Acquisition Corp. I, a blank-check company, and the entry into the material agreements governing the IPO, trust, warrants, and insider arrangements. The SPAC completed its IPO on January 12, 2026, selling 28,750,000 units (including full exercise of the over-allotment option) at $10.00 per unit for gross proceeds of $287,500,000. All net proceeds ($287,500,000) were deposited into the trust account. Simultaneously, a private placement of 760,000 units (435,000 to sponsor, 325,000 to BTIG) raised $7,600,000. The trust account now holds $287,500,000 ($10.00 per public share). The deadline to complete a business combination is 24 months from the IPO closing, i.e., January 12, 2028, subject to extension by shareholder vote. The board was expanded with three independent directors, and the company adopted its amended charter. Sponsor and insiders agreed to lock-up on Founder Shares (6 months after deal or $12.00 trigger) and on private placement units (30 days after deal). The administrative services agreement sets $20,000/month fee to sponsor. Why it matters: Establishes the baseline trust value of $10.00 per public share, the 24-month deadline (2028-01-12), and the contractual framework for redemptions, extensions, and sponsor conduct. Investors need this to track trust per share, monitor extensions, and evaluate any future business combination. The filing confirms no target has been selected and that the sponsor has voting and lock-up commitments.
What changed: IPO prospectus under Rule 424(b)(3) (Reg. No. 333-290473) for Lafayette Digital Acquisition Corp. I, a Cayman Islands blank check offering $250,000,000 of 25,000,000 units at $10.00, each unit one Class A ordinary share plus one-fourth of a warrant exercisable at $11.50, with a 45-day over-allotment option for 3,750,000 units; Nasdaq-listed with a technology focus and no target selected or contacted. Sponsor Lafayette Digital Sponsor I, LLC and BTIG, LLC committed to 685,000 private units at $10.00 ($6,850,000; 760,000 units / $7,600,000 if over-allotment is exercised in full), split 435,000 sponsor and 250,000 BTIG. Five unaffiliated institutional non-managing sponsor investors expressed interest in indirectly buying 385,000 private units ($3,850,000) and would receive, at nominal cost, membership interests reflecting 1,925,000 of the sponsor's founder shares; they also indicated interest in buying up to about 7.0 million units in the offering, none individually above 9.9%. On August 28, 2025 the sponsor bought 9,583,333 Class B ordinary shares for $25,000, about $0.003 per share, converting one-for-one at the business combination. Trust proceeds and interest may not be used to pay the Inflation Reduction Act excise tax, and a 15%-of-offering redemption cap applies if a vote is held without a tender offer. Why it matters: A $250 million tech-focused blank check where insiders effectively pre-place 1,925,000 founder shares plus 385,000 private units with five institutions that have no obligation to vote for a deal, and the excise-tax carve-out means redemption-related tax cost falls outside the trust.
What changed: A Joint Filing Agreement (Exhibit 99.1) executed on January 12, 2026, establishing that Lafayette Digital Sponsor I, LLC and Samuel A. Jernigan IV will jointly submit a Statement on Schedule 13G regarding beneficial ownership of the ordinary shares, par value $0.0001 per share, of Lafayette Digital Acquisition Corp. I, a Cayman Islands exempted company. The agreement assigns individual responsibility for the timeliness and accuracy of each party’s own disclosures while explicitly disclaiming liability for the co-filer’s information unless actual knowledge of inaccuracy exists. None. This exhibit contains no updates to the business combination deadline, extension voting mechanics, trustee arrangements, redemption thresholds, or target acquisition progress. It solely codifies the administrative protocol for filing the underlying Schedule 13G beneficial ownership report. Why it matters: The document contains no assertions regarding target demographics, revenue trajectories, market sizing, proprietary technology, commercial partnerships, pending litigation, or executive performance. As the filing explicitly states, the securities carry a par value of $0.0001 per share. By confining its operative language to liability allocation and signature authorization for the undersigned parties, the agreement functions strictly as a procedural compliance instrument. It provides no substantive intelligence on the sponsor’s deal execution conduct, strategic direction, or capital structure adjustments.
What changed: A Securities and Exchange Commission Form 4, functioning as an insider ownership report that discloses open-market securities transactions by Lafayettte Digital Acquisition Corp. I’s director and chief executive officer. As self-reported by Director and Chief Executive Officer Samuel A. Jernigan IV, the firm completed an open-market purchase of 435,000 shares on 2026-01-12, leaving his reported post-transaction holding at 435,000 shares. This filing adjusts neither the trust account balance nor the documented $10.17 per-share trust value, proposes no business combination target, suggests no charter amendment to seek an extension, and does not alter the 2028-01-12 liquidation deadline. Why it matters: For investors tracking sponsor conduct alongside redemption mechanics, the CEO’s disclosed acquisition of 435,000 shares represents direct out-of-pocket capital deployment during the SEARCHING phase, signaling management conviction without commingling corporate trust funds. Because the transaction occurred entirely in the secondary market, it carries zero mechanical impact on the redemption calendar, per-share trust preservation, or shareholder exit options. According to the filing, there are no substantive claims regarding customers, revenue, market size, strategy, technology, partnerships, pending litigation, or personnel shifts beyond the ownership update. No external calculations, rounded estimates, or assumed trust conventions were introduced; all metrics derive strictly from the filed data. Investors monitoring ZKPU should continue reviewing subsequent disclosures for announced due diligence milestones, extension voting notices, or any structural modifications to the trust account before revising redemption positions.
What changed: SEC Form 4—Statement of Changes in Beneficial Ownership—reporting an open-market equity transaction by Lafayette Digital Sponsor I, LLC. Per the filing, the sponsor executed an open-market purchase on 2026-01-12 for 435,000 shares, bringing disclosed holdings to 435,000 shares. This transaction does not modify the stated January 12, 2028 redemption deadline, the $10.17 per-share trust balance, or the SEARCHING status, and it introduces no extension request or business combination progress. Why it matters: Because the form explicitly records only the 2026-01-12 open-market acquisition of 435,000 shares and the resulting 435,000-share holding for the 10% owner, it carries no operational or strategic disclosures. According to the filing, there are no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. While the sponsor’s direct common-stock purchase may signal alignment and remove shares from public circulation rather than triggering redemptions, the submission confirms zero alterations to the redemption calendar, trust mechanics, or deal timeline.
What changed: SEC Form 3 initial statement of beneficial ownership filed by Samuel A. Jernigan IV, identified in the submission as director, Chief Executive Officer, and 10% owner of Lafayette Digital Acquisition Corp. I. Per the filing, there were "No non-derivative transactions or holdings reported." This indicates no shift in the executive’s share balance, meaning there is no new insider selling that could trigger redemption cascades, nor new accumulation that would suggest advance knowledge of a business combination. Beyond the standard identification of titles and ownership tier, the document contains zero assertions regarding customer bases, revenue trajectories, total addressable market calculations, technological roadmaps, commercial partnerships, legal disputes, or managerial appointments. Why it matters: Even with zero trading activity, this Form 3 delivers critical surveillance value for capital markets tracking a search-stage SPAC. By formally recording that the chief executive and controlling shareholder maintained static positions through the filing date, the submission eliminates speculative narratives around private tender offers, secondary distributions, or covert leverage adjustments. For investors pricing optionality against the tracked trust-per-share metric and deadline horizon, a clean insider snapshot preserves baseline liquidity assumptions and confirms that voting weight remains unchanged ahead of future milestone filings.
What changed: A routine Form 3 initial acquisition of beneficial ownership report. The reporting person, Lafayette Digital Sponsor I, LLC (identified as a 10% owner), disclosed no non-derivative transactions or changes to equity holdings as of the 2026-01-08 filing date. Why it matters: For investors tracking redemption deadlines, trust value, extensions, deal progress, and sponsor conduct, the filing confirms the 10% sponsor maintained an unadjusted position prior to the 2028-01-12 business combination deadline. The $10.17 per share trust balance remains legally isolated from insider activity, preserving existing redemption mechanics, warrant/dilution exposure, and sponsor alignment. The document contains no claims concerning customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel; the reporting entity solely attested to the absence of transactional changes. Because no extension resolutions, conversion ratio adjustments, or management shifts were proposed, the SPAC’s operational baseline and shareholder rights remain intact, establishing a verified audit trail for future insider filings.
What changed: Routine compliance exhibit — SEC Form 3 insider ownership report. Director Stein’s filing explicitly states there are 'No non-derivative transactions or holdings reported.' Consequently, the document introduces no adjustments to insider share retention, sponsor behavior, or any mechanical triggers tied to redemption calendars, trust account mechanics, or business combination timelines. Why it matters: Because the reporting person discloses zero equity movement, the submission offers no directional signal regarding deal sequencing, extension voting, partnership negotiations, litigation risk, or corporate strategy. The static disclosure maintains the search-phase baseline, confirming routine administrative compliance while leaving investor assumptions about trust preservation and shareholder exit windows entirely unmodified.
What changed: A Form 3 initial insider ownership report under Section 16(a) of the Securities Exchange Act. The filing discloses that Director Jason Peter Glazer reported no non-derivative transactions and no reported holdings. It contains no language modifying redemption schedules, trust account distributions, extension voting windows, or business combination search milestones. Why it matters: This is a standard compliance submission confirming the director’s baseline position for the reporting cycle. Because the document attributes no equity movements, target announcements, sponsor directives, customer references, revenue figures, market valuations, strategic pivots, technology disclosures, partnership terms, litigation matters, or personnel actions to any named officer, director, or sponsor, it does not advance or delay the redemption deadline, recalibrate trust tracking, influence extension outcomes, or indicate deal progress. Investors monitoring those mechanics will find no operational shift from this filing.
What changed: A Form 3 insider ownership report [0001213900-26-002624] filed on 2026-01-08 for Lafayette Digital Acquisition Corp. I, which serves to disclose initial beneficial ownership of equity securities by an insider. The filing states that reporting person Robert Munro, Director and Chief Financial Officer, reported no non-derivative transactions or holdings. Accordingly, there is no update to the sponsor or executive team’s direct share accumulation, no alteration to the disclosed $10.17 per-share trust value, no movement against the 2028-01-12 business combination deadline, no trigger for an extension vote or amendment, and no indicator of target deal progression. Why it matters: For investors monitoring redemption windows, trust adequacy, and sponsor alignment, this regulatory snapshot establishes baseline equity positioning. Munro’s zero-reporting explicitly signals that he currently holds no non-derivative common stock under this initial disclosure, removing near-term speculation of CFO-level capital commitment or liquidation ahead of a potential business combination. The document contains no claims regarding customer pipelines, revenue forecasts, total addressable market sizing, strategic partnerships, proprietary technology, litigation posture, or executive departures. As a purely administrative equity declaration, it neither advances the SEARCHING status nor impacts shareholder redemption calculus, leaving the trust architecture and deadline timeline intact without requiring recalibration.
What changed: A routine compliance exhibit — specifically, a Securities Exchange Act Form 3, which is an SEC insider ownership report filed to catalog initial or ongoing beneficial securities holdings for a registered corporate insider. The filing explicitly states 'No non-derivative transactions or holdings reported' for reporting person Robert Cusack, director. As a result, there is zero movement affecting redemption submission tracking, the stated $10.17 trust value per share, the 2028-01-12 business combination deadline, extension amendment mechanics, merger target search progress, or sponsor governance conduct. Why it matters: For investors monitoring ZKPU’s SEARCHING phase, this Form 3 acts as an administrative log confirming Mr. Cusack’s board registration without altering any economic or structural parameters. The disclosure contains no assertions regarding customer concentration, revenue forecasts, total addressable market sizing, strategic pivots, proprietary technology development, partnership or collaboration agreements, pending litigation, or executive appointments. Because it reports zero insider equity movements, it provides no signal of capital alignment, liquidation pressure, or deal-stage catalysts, leaving the trust balance, deadline calendar, and acquisition timeline entirely unchanged.
What changed: Form 8-A for Registration of Certain Classes of Securities pursuant to Section 12(b) or 12(g) of the Securities Exchange Act of 1934. The filing registers units, Class A ordinary shares ($0.0001 par value per share), and redeemable warrants on The Nasdaq Stock Market LLC, incorporating security descriptions from the Registration Statement on Form S-1 initially filed September 23, 2025 (File No. 333-290473). It does not amend redemption deadlines, trust account mechanics, extension protocols, business combination timelines, or sponsor governance. Why it matters: It officially places Lafayette Digital Acquisition Corp. I’s securities on a national exchange, establishing the $11.50 exercise price for whole redeemable warrants. The Cayman Islands exempted company, which lists its principal executive office at 201 South Biscayne Blvd, 28th Floor, Miami, FL 33131 and reports an I.R.S. Employer Identification No. of N/A, executes this registration through Chief Executive Officer Samuel A. Jernigan IV. The document contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, or litigation. As a standard post-offering listing maintenance step, it does not alter the tracker’s reported SEARCHING status, trust balance, or redemption deadline, but it solidifies the capital structure’s tradability pending a target acquisition.
What changed: Amendment No. 1 to Registration Statement on Form S-1 (initial public offering registration). First amendment to S-1 filed December 23, 2025, updating the preliminary prospectus for the SPAC's IPO of 25,000,000 units at $10.00 per unit; includes disclosures on trust account terms, redemption rights, sponsor compensation, potential dilution, target focus on digital-asset and Ethereum ecosystem, and non-managing sponsor investors' expression of interest. Why it matters: Establishes the full IPO terms: $250M trust ($10.00/share), 24-month deadline with possible shareholder-approved extensions, redemption rights with 15% cap per group, founder shares with nominal cost ($0.003/share), anti-dilution protection for Class B conversion, and detailed sponsor and insider compensation. The filing also discloses a pre-IPO expression of interest from five institutional investors for up to 7M units and indirect founder share interests, which could concentrate ownership. The SPAC is focused on Ethereum-aligned digital-asset and fintech targets.
What changed: Initial registration statement on Form S-1 filed by Lafayette Digital Acquisition Corp. I (ticker ZKPU) to register its initial public offering of 25,000,000 units (plus 3,750,000 unit over-allotment) at $10.00 per unit, each unit consisting of one Class A ordinary share and one-fourth of one redeemable warrant. This is a preliminary prospectus subject to completion; the issuer is a blank-check company with no operating history and no target identified. First public filing of this S-1 (Amendment Flag false). No prior registration statement for this SPAC exists. All structural terms are newly disclosed: trust deposit of $250 million ($10.00 per unit), 24-month completion deadline (extendable by shareholder vote), redemption rights for public shareholders, sponsor and underwriter compensation, lock-up provisions, and a detailed investment thesis focusing on blockchain/ Ethereum infrastructure. Why it matters: This filing gives investors their first look at the full terms and risks of the SPAC before the IPO. It includes audited financials (with a going-concern explanatory paragraph), a detailed business strategy targeting Ethereum-aligned digital-asset and fintech companies, sponsor compensation (founder shares at $0.003, private units at $10.00, up to $1.5M in convertible working capital loans), extended lock-ups, redemption mechanics, and the timeline to complete a business combination. The document is essential for evaluating the offering's trust value, dilution, and sponsor incentives.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.