Eos Energy stock falls after Fuzzy Panda issues short report
LaFayette Sponsor LLC, a ten percent owner of LaFayette Acquisition Corp. (NASDAQ:LAFAU), acquired 244,286 ordinary shares of the company on October 27, 2025. The shares were purchased at $10.00 per unit, slightly below the current trading price of $10.03, for a total transaction value of $2,442,860. The stock has shown remarkable stability, trading between $9.99 and $10.12 over the past 52 weeks, with robust average daily volume of 1.21 million shares. InvestingPro subscribers can access comprehensive insider trading patterns and real-time alerts for LAFAU.
Following the transaction, LaFayette Sponsor LLC directly holds 2,805,952 ordinary shares of LaFayette Acquisition Corp.
The purchase was executed simultaneously with the consummation of the Issuer’s initial public offering. The reported shares are the 244,286 ordinary shares included in such Private Units. Each Private Unit consists of one ordinary share and one right entitling the holder thereof to receive one-tenth of one ordinary share upon the completion of an initial business combination.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.