Daily SPAC Update – January 9, 2026

by | Jan 9, 2026

Lafayette Digital I $250 million IPO. Broad Capital and Ribbon Acquisition Extension Votes. Crane Harbor II and Twelve Seas III Separate Trading.

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DAILY SPAC UPDATE

EXTENSION VOTES
BRAC – BROAD CAPITAL ACQUISITION CORP * vote January 9, 2025 -> extend from January 13, 2026 to July 13, 2027
RIBB – RIBBON ACQUISITION CORP * vote January 9, 2026 -> extend from January 16, 2026 to January 16, 2027

SPAC IPO: LAFAYETTE DIGITAL ACQUISITION CORP. I (ZKPU)
Ticker: ZKPU (Units) | Size: $250 Million | Sponsor: Lafayette Digital Sponsor I, LLC (Samuel A. Jernigan IV)

Lafayette Digital Acquisition Corp. I priced its $250 million initial public offering yesterday, January 8, 2026, and is scheduled to begin trading on the Nasdaq today. This launch adds significant momentum to the 2026 SPAC vintage, following closely on the heels of other recent institutional debuts. Based in Miami, this Cayman Islands-incorporated vehicle arrives with a heavy emphasis on digital assets and specialized technology sectors.

Strategy: Lafayette Digital I is casting its net across the global technology industry. While the mandate is technically broad, the leadership’s pedigree suggests a laser focus on the “next frontier” of tech: cryptography, distributed systems, and blockchain infrastructure. The firm is positioning itself as a bridge for digital-native companies seeking a sophisticated entry into the public markets.

Leadership Team: The SPAC is led by a management team with deep roots in macro-investing and the digital asset ecosystem:

  • Samuel A. Jernigan IV (CEO & Chairman): A veteran global macro investor, Jernigan previously served as the Head of Digital Assets for Louis Bacon’s Moore Capital Management. He currently serves as the CIO of Lafayette Macro Investors and has been a key advisor to major decentralized protocols like the Scroll Foundation and Liquid Collective.

  • Robert Munro (CFO): Bringing 30 years of financial services experience, Munro is the Co-Founder and COO/CFO of Black Pill Capital. His background includes high-level operational roles at Yorkville Advisors and Sentient Investment Management, a VC-backed AI hedge fund.

Structure: The offering consists of 25 million units priced at $10.00. In a move that reflects the current market’s demand for tighter structures, each unit contains one Class A ordinary share and one-fourth (1/4) of a redeemable warrant (exercisable at $11.50). This 1/4 warrant structure is increasingly becoming the standard for high-tier sponsors, as it minimizes potential dilution for future merger partners while still providing an attractive entry point for IPO participants. BTIG, LLC acted as the sole book-running manager for the deal.

Verdict: Lafayette Digital I is a specialized play on the institutionalization of the digital asset and blockchain space. Unlike the generalist SPACs of years past, Jernigan and Munro bring a very specific “operator-investor” hybrid DNA that is essential for navigating the complexities of the tech and crypto-infrastructure sectors. For investors, the value proposition lies in Jernigan’s track record at top-tier macro shops like Moore Capital, suggesting a disciplined approach to valuation in a sector known for its volatility.

SEPARATE WARRANTS/RIGHTS
Jan 12: CRANE HARBOR ACQUISITION CORP II (CRAN)
Jan 09: TWELVE SEAS INVESTMENT CO III (TWLV)
Jan 06: BLUEPORT ACQUISITION LTD (BPAC)

NEW SPAC IPOs
Jan 09: ZKP – Lafayette Digital Acquisition Corp. I $250M IPO
Jan 08: BBCQ – Bleichroeder Acquisition Corp. Ii $250M IPO
Jan 07: SORN – Soren Acquisition Corp. $220M IPO (+underwriter overallotment: $33M)
Jan 06: BIII – Black Spade Acquisition Iii Co $150M IPO
Jan 06: ARTC – Art Technology Acquisition Corp. $220M IPO (+underwriter overallotment: $0M)

SPAC MOVERS

YESTERDAY’S TOP SPAC GAINERS
30.8% ~ $ 21.37 | ASPC – ASPAC III ACQUISITION CORP (Announced)
8.0% ~ $ 19.38 | CCCX – CHURCHILL CAPITAL CORP X (Announced)
2.6% ~ $ 10.90 | DTSQ – DT CLOUD STAR ACQUISITION CORP (Pre-Deal)
2.1% ~ $ 13.27 | ESHA – ESH ACQUISITION CORP (Announced)
1.9% ~ $ 10.99 | RFAI – RF ACQUISITION CORP II (Announced)

YESTERDAY’S TOP SPAC LOSERS
-13.0% ~ $ 67.01 | AFJK – AIMEI HEALTH TECHNOLOGY CO LTD (Announced)
-4.7% ~ $ 12.46 | ALCY – ALCHEMY INVESTMENTS ACQUISITION CORP 1 (Announced)
-1.4% ~ $ 11.23 | AEXA – AMERICAN EXCEPTIONALISM ACQUISITION CORP A (Pre-Deal)
-1.3% ~ $ 10.67 | CAPN – CAYSON ACQUISITION CORP (Announced)
-1.1% ~ $ 11.35 | SPKL – SPARK I ACQUISITION CORP (Pre-Deal)

LATEST SPAC IPO PERFORMANCE
Jan 09 | ZKP – Lafayette Digital Acquisition Corp. I
Jan 08 | BBCQ – Bleichroeder Acquisition Corp. II
Jan 07 | SORN – Soren Acquisition Corp.
Jan 06 | BIII – Black Spade Acquisition III Co
Jan 06 | ARTC – Art Technology Acquisition Corp.
Dec 23 | $ 9.99 | SCPQ – Social Commerce Partners Corp
Dec 23 | $ 9.97 | SVAQ – Silicon Valley Acquisition Corp.
Dec 19 | $ 9.94 | BEBE – TGE Value Creative Solutions Corp
Dec 18 | $ 9.98 | ADAC – American Dynamism Acquisition Co
Dec 18 | $ 10.04 | VHCP – Vine Hill Capital Investment Corp. II
Dec 18 | $ 9.99 | LPCV – Launchpad Cadenza Acquisition Corp I
Dec 17 | $ 10.29 | CCXI – Churchill Capital Corp XI
Dec 17 | $ 9.94 | IRHO – Iron Horse Acquisition Corp. II
Dec 16 | $ 10.06 | CRAN – Crane Harbor Acquisition Corp. II
Dec 12 | $ 10.00 | ITHA – ITHAX Acquisition Corp III
Dec 12 | $ 9.98 | TWLV – Twelve Seas Investment Co III
Dec 11 | $ 10.09 | KBON – Karbon Capital Partners Corp.
Dec 11 | $ 10.01 | BLRK – Bluerock Acquisition Corp.
Dec 10 | $ 10.01 | MESH – Meshflow Acquisition Corp

Recent Analysis

Daily SPAC Update – January 8, 2026

Gundlach’s Bleichroeder Acquisition II $250M SPAC IPO.  Cartica Deal with Nidar Infrastructure Terminated and Expects to Liquidate. Twelve Seas Investment Separate Trading.

Daily SPAC Update – January 7, 2026

Soren Acquisition IPO Makes it 3 Already in January. Compass Digital Announced Deal with Key Mining. Welsbach Technology DeSPACs to Evolution Metals.

Daily SPAC Update – January 6, 2026

Lawrence Ho Brings Black Spade III to the Market while Daniel Cohen Launches $220M SPAC. Wellsbach and Metal Sky Extensions Approved. Blueport and Allusa Energy Separate Trading.

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