LaFayette Acquisition Corp. [LAFAU]
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LaFayette Acquisition Corp. [LAFAU] represents units issued by the special purpose acquisition company. Each unit consists of one share of Class A common stock and a fraction of one redeemable warrant. Units are derivative securities that combine equity and warrant components, allowing investors to participate in both the current SPAC structure and potential upside through warrant conversion. After a specified period, units may be separated into their component securities for independent trading.