Lafayette Energy Corp.

General Information
Business:

(Note: Lafayette Energy Corp. withdrew its plans for a micro-cap IPO in an SEC filing dated Aug. `17, 2023. The S-1 was filed on March 10, 2023.)

We are an early stage oil and gas exploration company, based in Denver. We are focused primarily on natural gas E&P. (Incorporated in Delaware) 

We have options to lease about 11,000 acres in the Imperial Parish Fields in south central Louisiana. We have operations in Saint Landry Parish, Opelousas field, in south central Louisiana, in an area we identify as the Imperial Parish Fields.

**Note: Accumulated deficit (net loss) of $669,910 is for the period from the time of inception on Feb. 7, 2022, through March 31, 2023. 

(Note: Lafayette Energy Corp. revived its IPO plans by refiling an S-1 on Dec. 29, 2023, and disclosing terms: 1.2 million shares at $4.00 to $5.00 to raise $5.4 million.)

(Background: Lafayette Energy Corp. withdrew its plans for a micro-cap IPO in an SEC filing dated Aug. `17, 2023. The S-1 was filed on March 10, 2023, when Lafayette disclosed terms: 1.2 million shares at $5.00 to $7.00 to raise $7.2 million.  Lafayette Energy Corp. updated its financial statements in an S-1/A filing dated May 18, 2023. The company filed confidential IPO documents on Nov. 23, 2022.) 

**Note: A 2-for-3 reverse stock split became effective on Jan. 26, 2023, the prospectus says.

Industry: Crude Petroleum & Natural Gas Exploration & Production
Employees: 0
Founded: 2022
Contact Information
Address 383 Corona St. #635 Denver, Colorado 80218
Phone Number (303) 625 6709
Web Address http://www.LafayetteEnergyCorp.com/
View Prospectus: Lafayette Energy Corp.
Financial Information
Market Cap $67.33mil
Revenues $0 mil (last 12 months)
Net Income $-0.67 mil (last 12 months)
IPO Profile
Symbol LEC
Exchange NASDAQ
Shares (millions): 1.2
Price range $4.00 - $5.00
Est. $ Volume $5.4 mil
Manager / Joint Managers Spartan Capital
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change