The private placement issued roughly 2.0 million common shares to accredited investors under a standing capital-commitment arrangement.

July 1, 2026

Lafayette Square USA, Inc. has drawn fresh capital from its investors, issuing roughly 2.0 million shares of common stock in a private placement priced at an aggregate of about $29.4 million. The Miami-based company completed the sale on June 26, 2026.

How the drawdown works

The issuance followed a drawdown notice the company had sent to investors ahead of the sale. Under the subscription agreements that govern the relationship, each investor pledges a set amount of capital and funds it incrementally as the company issues calls, rather than committing the full sum at the outset. The June transaction represents one such call, converting a portion of previously committed capital into issued equity.

An unregistered, private placement

The shares carry a par value of $0.001. Lafayette Square USA did not register them with regulators, relying instead on the private-placement exemption under Section 4(a)(2) of the Securities Act of 1933 and Regulation D. That route is available because investors represented in their subscription agreements that they qualify as accredited investors — the customary basis for raising equity away from the public markets.

For a vehicle structured around committed capital, a drawdown of this kind is routine rather than exceptional; periodic calls are the mechanism by which such an entity funds itself. The disclosure is chiefly notable for its scale, marking a roughly $29.4 million addition to the company’s funded equity base.

Company profile

The company describes itself as an emerging growth company under federal securities rules, a designation that carries scaled-back reporting obligations. It has no class of securities listed on a national exchange, consistent with a privately held, non-traded structure. Seren Tahiroglu, chief financial officer, signed the disclosure on June 30, 2026.