Leisure Acquisition Corp.

Leisure Acquisition Corp.

LACQ
Leisure Acquisition Corp.US flagNASDAQ Capital Market
13.41
USD
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- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Daniel Braun Silvers
Sector
Financial Services
Industry
Shell Companies
Address
New York City NY United States of America 10107
IPO Date
Dec 1, 2017
Business
Leisure Acquisition Corp. Leisure Acquisition Corp. (LACQ) operates as a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses; it focuses primarily on the location-based leisure sector and leisure-related businesses, including gaming, travel and recreation subsectors. The company offers no core products or services beyond its SPAC structure, which holds proceeds from its December 2017 initial public offering of $200 million in a trust account for deployment in a target acquisition; its securities trade on the Nasdaq Capital Market under the symbols LACQ (common stock), LACQU (units) and LACQW (warrants). Leisure Acquisition Corp., founded in 2017 and headquartered in New York, New York, targets businesses with fundamentally sound assets underperforming their potential, market or cost leadership positions, experienced management teams, untapped growth opportunities and benefits from public company status; it operates principally in the United States with a global acquisition mandate. Key historical developments include a terminated 2019 merger agreement with GTWY Holdings Limited (Gateway Casinos & Entertainment) valued at approximately $1.115 billion and a definitive agreement announced in February 2021 to merge with Ensysce Biosciences, Inc., a clinical-stage biotechnology company developing abuse-resistant opioids, which closed on June 30, 2021, with the combined entity trading as Ensysce (NASDAQ: ENSC); no major changes, new mergers, acquisitions, product launches or strategic shifts have occurred in the last 1-2 years, and the original SPAC entity appears to persist in a dormant trading status as of late 2025 amid indications of potential delisting risks.

Company News

APIChat
  • Ensysce Biosciences to Commence Trading on the OTC on July 1, 2021

  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of Leisure Acquisition Corp. with Ensysce Biosciences, Inc.

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates Leisure Acquisition Corp.

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