Alexandra Low, Simon Raftopoulos, Sophia Cunningham
Offshore law firm Appleby acted as Cayman Islands legal counsel to Lafayette Acquisition Corp. in connection with its $115 million initial public offering on the Nasdaq Global Market, the firm said.
The IPO included 11.5 million units priced at $10 each, comprising 10 million base units and an additional 1.5 million sold through the underwriters’ full exercise of their over-allotment option. Each unit consists of one ordinary share and one right entitling the holder to receive one-tenth of one share upon completion of a future business combination. The units trade under the ticker “LAFAU,” with the shares and rights expected to trade separately as “LAFA” and “LAFAR.”
Lafayette Acquisition is a Cayman Islands–incorporated special purpose acquisition company (SPAC) formed to pursue a merger, share exchange or similar business combination. It is led by Christophe Charlier, who serves as chairman and chief executive officer.
Appleby’s Cayman Islands team was led by counsel Alexandra Low and partner Simon Raftopoulos, supported by paralegal Sophia Cunningham and other members of the corporate group. The firm said it advised on Cayman law aspects of the transaction, reflecting its continued involvement in SPAC and public-market deals.
