Lafayette Digital Acquisition Corp. I

Previous wording

For the three months ended March 31, 2026, we had a net income of $1,886,022, which consist of interest income on bank deposits of $4,055, interest income on investments held in the Trust Account of $2,187,424 and offset by general and administrative expenses of $305,457.

Current wording

For the three months ended June 30, 2026, we had a net income of $2,384,770, which consisted of interest income on bank deposits of $6,681, interest income on investments held in the Trust Account of $2,564,146 and offset by general and administrative expenses of $186,057.

Previous wording

For the three months ended March 31, 2026, net cash used in operating activities was $468,029. Net income of $1,886,022 was affected by interest earned on investments held in the Trust Account and payment of operation cost through promissory note by $2,187,424 and $50, respectively. Changes in operating assets and liabilities used $166,677 of cash for operating activities.

Current wording

For the six months ended June 30, 2026, net cash used in operating activities was $605,530. Net income of $4,270,792 was affected by interest earned on investments held in the Trust Account and payment of operation cost through promissory note by $4,751,570 and $50, respectively. Changes in operating assets and liabilities used $124,802 of cash for operating activities.

Previous wording

At March 31, 2026, we had marketable securities held in the Trust Account of $289,687,424 (including $2,187,424 of interest income). We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable), to complete our Business Combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.

Current wording

At June 30, 2026, we had marketable securities held in the Trust Account of $292,251,570 (including $4,751,570 of interest income). We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable), to complete our Business Combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.

Previous wording

At March 31, 2026, we had cash of $846,656 held outside of the Trust Account. We intend to use the funds held outside the Trust Account primarily to identify and evaluate prospective target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, select the target business to acquire and structure, negotiate and complete a Business Combination.

Current wording

At June 30, 2026, we had cash of $709,155 held outside of the Trust Account. We intend to use the funds held outside the Trust Account primarily to identify and evaluate prospective target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, select the target business to acquire and structure, negotiate and complete a Business Combination.

Previous wording

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 raise 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.

Current wording

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.