---
title: "LAFAYETTE ACQUISITION CORP ORD USD0.0001(S/R) 24/10/2030 | 10-Q: FY2026 Q1 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286465892.md"
datetime: "2026-05-14T20:43:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286465892.md)
  - [en](https://longbridge.com/en/news/286465892.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286465892.md)
---

# LAFAYETTE ACQUISITION CORP ORD USD0.0001(S/R) 24/10/2030 | 10-Q: FY2026 Q1 Revenue: USD 0

Revenue: As of FY2026 Q1, the actual value is USD 0.

EPS: As of FY2026 Q1, the actual value is USD 0.05.

EBIT: As of FY2026 Q1, the actual value is USD -1.205 M.

LaFayette Acquisition Corp. operates as a blank check company with only one reportable segment and has not generated any operating revenues to date .

#### Financial Performance (Three Months Ended March 31)

-   **Net Income:** For the three months ended March 31, 2026, the company reported a net income of $839,928, compared to no net income or loss for the same period in 2025 .
-   **Loss from Operations:** The loss from operations was - $182,660 for the three months ended March 31, 2026, with no loss reported for the three months ended March 31, 2025 .
-   **Non-Operating Income:** Interest earned on marketable securities held in the Trust Account amounted to $1,022,588 for the three months ended March 31, 2026, with no such income in the prior year period .
-   **Operating Costs:** Formation, general and administrative costs were $182,660 for the three months ended March 31, 2026, and $0 for the same period in 2025 .

#### Financial Position (As of March 31, 2026 vs. December 31, 2025)

-   **Cash:** Cash was $609,647 as of March 31, 2026, down from $813,817 as of December 31, 2025 .
-   **Marketable Securities Held in Trust Account:** These increased to $116,802,464 as of March 31, 2026, from $115,779,876 as of December 31, 2025 .
-   **Total Assets:** Total assets were $117,598,336 as of March 31, 2026, compared to $116,744,813 as of December 31, 2025 .
-   **Total Liabilities:** Total liabilities were $4,138,445 as of March 31, 2026, slightly up from $4,124,850 as of December 31, 2025 .
-   **Shareholders’ Deficit:** The deficit increased to - $3,342,573 as of March 31, 2026, from - $3,159,913 as of December 31, 2025 .
-   **Class A Ordinary Shares Subject to Possible Redemption:** This balance was $116,802,464 as of March 31, 2026, and $115,779,876 as of December 31, 2025 .
-   **Working Capital:** As of March 31, 2026, the company had a working capital of $655,175 .

#### Cash Flow from Operating Activities (Three Months Ended March 31)

-   **Net Cash Used in Operating Activities:** For the three months ended March 31, 2026, net cash used in operating activities was - $204,170, with no cash used in the prior year period . This was primarily influenced by a net income of $839,928, offset by - $1,022,588 in interest earned on marketable securities and other changes in operating assets and liabilities .

#### Future Outlook and Strategy

LaFayette Acquisition Corp. aims to complete a Business Combination by July 27, 2027, utilizing funds from its Trust Account and working capital for this purpose . Management acknowledges a lack of liquidity to sustain operations without a Business Combination, which raises substantial doubt about its ability to continue as a going concern . The company plans to use funds outside the trust account for identifying targets, due diligence, and structuring the Business Combination .

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