ReElement Technologies stock soars after securing $1.4B government deal
Christophe Charlier, Chief Executive Officer, of LaFayette Acquisition Corp (NASDAQ:LAFAU), acquired 244,286 ordinary shares of the company on October 27, 2025, at a price of $10.00 per share, for a total transaction value of $2.44 million. The stock currently trades at $10.03, near its 52-week range of $9.99 to $10.12, with robust average daily trading volume of 1.21 million shares. InvestingPro subscribers can access detailed insider trading patterns and additional company metrics.
The purchase increases Charlier’s indirect holdings to 2,805,952 ordinary shares. The shares were acquired through LaFayette Sponsor LLC, where Charlier serves as managing member. He disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein. The stock has maintained stable performance with a 0.2% return over the past year.
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