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.
