Landcadia Holdings IV closed its IPO of 50 million units priced at $10 per unit.
Units trade on the Nasdaq under LCAHU. Each consists of one share of Class A common stock and one-fourth of one redeemable warrant; whole warrants exercisable at $11.50 for one share. After the securities comprising the units begin separate trading, shares and warrants are expected to list under LCA and LCAHW,.
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.
