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.
Leisure Acquisition Corp. Files for Another Extension on Acquisition Deadline
