Marquee Raine Vote on Enjoy Technology Deal Set for Oct. 13

Marquee Raine Acquisition

Marquee Raine Acquisition shareholders are schediuled to vote Oct. 13 on the SPAC’s proposed merger with Enjoy Technology. The deal value was lowered by 10% earlier this month to $1.06 billion.

Announced in April, the transaction is expected to deliver up to $454 million to Enjoy, including approximately $374 million cash in trust, which assumes no redemptions.

The SPAC’s S-4 registration statement on the deal has been decalred effective by the SEC.

Enjoy is a technology-powered platform reinventing “Commerce at Home” to bring the store directly to the customer. The company was launched by former Apple executive Ron Johnson. Read more.

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