ZKP · Lafayette Digital Acquisition Corp. I
Substantial doubt about the company's ability to continue as a going concern.
“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 that the Company's projected future liquidity position raises substantial doubt about the Company's ability to continue as a going concern. The Company intends to complete its initial Business Combination before the mandatory liquidation date; however, 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 liquidate after January 12, 2028. The Company's financial statements do not include any adjustment that might be necessary if the Company is unable to continue as a going concern. If the Company is unable to complete a business combination within the prescribed timeframe, it will be required to liquidate and dissolve. These conditions raise substantial doubt about the Company's ability to continue as a going concern for a period of one year from the date these financial statements are issued. The Company's financial statements do not include any adjustments that might result from the outcome of this uncertainty.”View the 10-Q filed Aug 13, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-01-12 | Lafayette Digital Sponsor I, LLC |
10% Owner |
Buy↑
Filing footnotes — Class A Ordinary Shares (Direct)
Reflects the 435,000 private units owned by Lafayette Digital Sponsor I, LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased pursuant to a Private Units Purchase Agreement, dated January 8, 2026, by and between the Issuer's sponsor and the Issuer, at $10.00 per unit for an aggregate purchase price of $4,350,000. |
Class A Ordinary Shares
|
435,000 |
| 2026-01-12 | Lafayette Digital Sponsor I, LLC |
10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Class A Ordinary Shares (Direct)
Reflects the 435,000 private units owned by Lafayette Digital Sponsor I, LLC, the Issuer's sponsor. Each private unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased pursuant to a Private Units Purchase Agreement, dated January 8, 2026, by and between the Issuer's sponsor and the Issuer, at $10.00 per unit for an aggregate purchase price of $4,350,000. The warrants included in the private units will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation. |
Warrants to purchase Class A Ordinary Shares
|
108,750 |
| 2026-01-12 | Jernigan Samuel A. IV |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Class A Ordinary Shares (Indirect)
Reflects the 435,000 private units owned by Lafayette Digital Sponsor I, LLC, the Issuer's sponsor (the "Sponsor"). Each private unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased pursuant to a Private Units Purchase Agreement, dated January 8, 2026, by and between the Sponsor and the Issuer, at $10.00 per unit for an aggregate purchase price of $4,350,000. Samuel A. Jernigan IV, is the managing member of Lafayette Management I LLC, the managing member of the Sponsor and holds voting and investment discretion with respect to the securities held of record by the Sponsor. Mr. Jernigan disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
Class A Ordinary Shares
(I)
|
435,000 |
| 2026-01-12 | Jernigan Samuel A. IV |
Director, Chief Executive Officer, 10% Owner |
Buy↑
Filing footnotes — Warrants to purchase Class A Ordinary Shares (Indirect)
Reflects the 435,000 private units owned by Lafayette Digital Sponsor I, LLC, the Issuer's sponsor (the "Sponsor"). Each private unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The private units were purchased pursuant to a Private Units Purchase Agreement, dated January 8, 2026, by and between the Sponsor and the Issuer, at $10.00 per unit for an aggregate purchase price of $4,350,000. Samuel A. Jernigan IV, is the managing member of Lafayette Management I LLC, the managing member of the Sponsor and holds voting and investment discretion with respect to the securities held of record by the Sponsor. Mr. Jernigan disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly. The warrants included in the private units will become exercisable 30 days after the completion of the Issuer's initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation. |
Warrants to purchase Class A Ordinary Shares
(I)
|
108,750 |