Landcadia Holdings II, the second blank check company formed by the CEOs of Landry's and Jefferies to acquire an entertainment business, raised $275 million by offering 27.5 million units at $10. The company originally planned to raise $250 million by offering 25.0 million units.
Each unit consists of one share of Class A common stock and one-third of one redeemable warrant to purchase one share of the Class A common stock at a price of $11.50 per share.
Landcadia Holdings II plans to list on the Nasdaq under the symbol LCAHU. Jefferies acted as lead manager on the deal.