Leisure Acquisition Corp.

Status: Deal Closed
U=S+W/2 W=S@11.5
IPO Proceeds, $M $200.00M
IPO Date Dec 1, 2017
CEO Daniel B. Silvers
Left Lead Morgan Stanley
IPO Cash in Trust 100.0%
SPAC Tenor 24+4+3+5+7
IPO Sector Consumer

Leisure (gaming, travel & recreation)

IPO Geography Global
Target Company Ensysce Biosciences
Deal Announced Feb 1, 2021
Deal Size, $M $267.50M
Deal Sector Healthcare
Deal Geography US/Canada
SEC Filings www.sec.gov
Approval Vote Jun 28, 2021
Amendment Vote TBD
Closing Date Jun 30, 2021
Formerly LACQ ENSC ENSCW

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  • Structure and cap table
  • 7 directors & officers
  • 55 filings and events
  • 2 underwriters
  • 2 legal advisors
Structure

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Team
Name Age Title
A. Lorne Weil 71 Executive Chairman
Daniel B. Silvers 41 CEO & Director
George Peng 47 CFO, Treasurer & Secretary
Eric Carrera 28 Senior VP of Finance & Business
Marc J. Falcone 44 Director
Steven M. Rittvo 68 Director
David L. Weinstein 51 Director

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Advisors
Underwriters
Morgan Stanley BR 14,000,000 units
EarlyBirdCapital 6,000,000
20,000,000 units
Up-Front UW fee 2.00 %
Deferred UW fee
3.50 %

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Deal

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Filings
Dec 1, 2017 IPO Prospectus
Dec 5, 2017

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Dec 11, 2017 8-K with audited balance sheet
Dec 26, 2017

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Nov 14, 2018

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Oct 15, 2019

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Oct 28, 2019

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Dec 31, 2019

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Jan 6, 2020

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Jan 7, 2020

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Jan 8, 2020 8-K with conference call transcript
Jan 27, 2020

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Jan 31, 2020

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Jan 31, 2020

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Shareholders

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