Landcadia Holdings II, the second blank check company formed by the CEOs of Landry's and Jefferies to acquire an entertainment business, filed on Friday with the SEC to raise up to $250 million in an initial public offering.
The Houston, TX-based company plans to raise $250 million by offering 25 million units at a price range of $10, where it would command a market value of $313 million. The units consist of one share of common stock and one third of a warrant to purchase a share of common stock at $11.50 per share.
Landcadia Holdings II was founded in 2015 and plans to list on the Nasdaq under the symbol LCAHU. Jefferies is the sole bookrunner on the deal.
