Landcadia Holdings IV priced its IPO of 50 million units at $10 each.
Units begin trading today on the Nasdaq under LCAHU. Each consists of one share of Class A common stock and one-fourth of one redeemable warrant. After the securities comprising the units begin separate trading, shares and warrants are expected to list under LCA and LCAHW, respectively.
The offering is expected to close March 29.
Landcadia IV is sponsored by Jefferies Financial Group and Tilman J. Fertitta.
The SPAC’s focus is on consumer, dining, hospitality, entertainment and gaming industries, including technology companies operating in these industries. Read more.