Leisure Acquisition Corp. Files for Another Extension on Acquisition Deadline

Leisure Acquisition Corp.

The SPAC in an SEC filing said the purpose of the Extension Amendment and the Trust Amendment meeting, a time and date for which was not listed in the filing, “is to allow the company more time to complete a business combination.” Leisure said it is currently in discussions regarding a potential business combination, but the board believes that there will not be sufficient time before the Dec. 1 deadline to complete a merger. Although the last extension was approved almost unanimously by shareholders, redemptions totaled more than $176M at the time. Read more.

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