Lafayette Energy Corp. has a Form S-1 registration statement on file for an initial public offering; the original was filed before the period this page covers, and the earliest filing here is an amendment filed on 2024-07-18. Amendments on record here: 7. As of its latest filing, on 2025-03-19, it has not priced the offering or withdrawn it. Each fact below is quoted from the filing named with it.
What the filings say
Listing
We have applied to have our common stock listed on the NYSE American under the symbol “LEC.” If our common stock is not approved for listing on the NYSE American, we will not consummate this offering.From the S-1/A filed 2025-03-19
Shares offered
On February 29, 2024, the Company entered into a Subscription Agreement (the “ Subscription ”) with Trxade, Inc. (“ Trxade ”), which is a wholly-owned subsidiary of TRxADE HEALTH Inc. (Nasdaq:MEDS)(“ TRxADE HEALTH ”), pursuant to which we agreed to sell Trxade 2,000,000 shares of a newly designated series of Series A Convertible Preferred Stock of the Company (the “Series A Preferred”), in two tranches, with (a) 1,000,000 shares of Series A Preferred being sold for $2,500,000 on March 5, 2024 (“ Tranche 1 ”), and (b) 1,000,000 shares of Series A Preferred being sold for an additional $2,500,000, within 10 days of the Company notifying Trxade by letter or email, that the Company has…From the S-1/A filed 2025-03-19
Use of proceeds
We currently intend to use the net proceeds we receive from this offering to invest in the Initial Development Opportunities ($4,800,000), and for general corporate purposes, including working capital and operating expenses.From the S-1/A filed 2025-03-19
Net loss or income
We had an accumulated deficit of $3,783,583, and $2,379,628, as of December 31, 2024 and December 31, 2023, respectively, and a net loss of $1,403,955 and $1,948,526, for the year ended December 31, 2024 and the year ended December 31, 2023, respectively.From the S-1/A filed 2025-03-19
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2024-07-18 | Registration statement amended | S-1/A |
| 2024-08-19 | Registration statement amended | S-1/A |
| 2024-09-03 | Registration statement amended | S-1/A |
| 2024-09-19 | Registration statement amended | S-1/A |
| 2024-12-27 | Registration statement amended | S-1/A |
| 2025-01-24 | Registration statement amended | S-1/A |
| 2025-03-19 | Registration statement amended | S-1/A |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.