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Re: stockhabit post# 38

Friday, 06/19/2020 2:26:32 PM

Friday, June 19, 2020 2:26:32 PM

Post# of 459
There isn't one yet...extension vote on 23rd to extend the merger completion date.. waiting to hear what comes out of it...should know next week... Filing says they want to extend it to 12/01/20 but vote might happen before that but not next week...Just have to wait and see...Out for now...

https://www.otcmarkets.com/filing/html?id=14194688&guid=UuPFUqGWAW-QA3h

You are cordially invited to attend a special meeting of stockholders (the “Special Meeting”) of Leisure Acquisition Corp. (the “Company,” “we,” us,” and “our”) to be held on Tuesday, June 23, 2020, at 9:00 a.m. local time at the Company’s offices at 250 West 57th Street, Suite 415, New York, New York 10107. At the Special Meeting you will be asked to consider and vote on the following proposals:



1. a proposal to amend (the “Extension Amendment”) the Company’s Second Amended and Restated Certificate of Incorporation, as amended (our “charter”), in the form set forth in Annex A to the accompanying proxy statement, to extend the date by which the Company must consummate a business combination (the “Extension”) from June 30, 2020 to December 1, 2020 (the “Extended Date”);


2. a proposal to amend (the “Trust Amendment”) the Company’s investment management trust agreement, dated December 1, 2017, as amended (the “trust agreement”), by and between the Company and Continental Stock Transfer & Trust Company (the “trustee”), in the form set forth in Annex B to the accompanying proxy statement, to extend the date on which to commence liquidating the trust account (“trust account”) established in connection with the Company’s initial public offering (“IPO”) in the event the Company has not consummated a business combination from June 30, 2020 to the Extended Date; and


3. a proposal to adjourn (the “Adjournment Proposal”) the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Special Meeting, there are not sufficient votes to approve any of the foregoing proposals.



The purpose of the Extension Amendment and the Trust Amendment is to allow the Company more time to complete its previously announced business combination with Gateway Casinos & Entertainment Limited, a Canadian corporation (“Gateway”),




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