Loeb Guides Lafayette Digital Acquisition Corp. I in $287.5 Million Initial Public Offering

Loeb & Loeb represented Lafayette Digital Acquisition Corp. I, a special purpose acquisition company focused primarily on pursuing a business combination in the technology sector, in connection with its $287.5 million initial public offering.

The offering consisted of 28,750,000 units, including the full exercise of the underwriters’ over-allotment option, priced at $10.00 per unit. Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, with each whole warrant exercisable at $11.50 per share following the completion of the company’s initial business combination.

The units are listed on The Nasdaq Stock Market and trade under the symbol “ZKPU.” Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to trade on Nasdaq under the symbols “ZKP” and “ZKPW,” respectively.

The Loeb team was led by Mitchell Nussbaum, co-chair of the firm, and Capital Markets & Corporate partner Alexandria Kane and included senior counsel Dinh Doan and paralegal Marisa Kugelmann.

For more information, please see the company’s press release.