Current Report Filing (8-k)
23 August 2018 - 10:07PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
August 21, 2018
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LANDCADIA HOLDINGS, INC.
(Exact name of registrant as specified in
its charter)
____________________
Delaware
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001-37788
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26-3828008
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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1510 West Loop South, Houston, Texas
77027
(Address of principal executive offices,
including zip code)
Registrant’s telephone number, including
area code:
713-850-1010
Not Applicable
(Former name or former address, if changed since last report)
___________________
Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
x
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act.
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Item 1.01 Entry into a Material Definitive
Agreement.
On August 21, 2018,
Landcadia Holdings, Inc., a Delaware corporation (the “Company”), issued a convertible promissory note (the “Convertible
Note”) to Fertitta Entertainment, Inc. (“FEI Sponsor”) that provides for FEI Sponsor to advance to the Company,
from time to time, up to $1,500,000 for ongoing expenses.
The Convertible Note
is non-interest bearing and is payable on the earlier of (i) the completion of an initial business combination by the Company or
(ii) December 14, 2018.
At the option of FEI
Sponsor, any amounts outstanding under the Convertible Note may be converted into warrants to purchase Class A common stock, par
value $0.0001 per share, of the Company (“Class A common stock”) at a conversion price of $0.50 per warrant. Each warrant
will entitle FEI Sponsor to purchase one-half of one share of Class A common stock at an exercise price of $5.75 per half share,
commencing 30 days after the completion of an initial business combination by the Company. The warrants may be exercised only for
a whole number of shares of Class A common stock. Each warrant will contain such other terms identical to the warrants purchased
by FEI Sponsor and Jefferies Financial Group Inc. (f/k/a Leucadia National Corporation) in connection with the Company’s
initial public offering.
As of August 21, 2018,
the Company had drawn $1,500,000 on the Convertible Note.
Item 2.03 Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The disclosure set
forth above in Item 1.01 of this Current Report on Form 8-K is incorporated by reference herein.
Item 3.02 Unregistered Shares of Equity
Securities.
The disclosure set
forth above in Item 1.01 of this Current Report on Form 8-K is incorporated by reference herein.
The issuance of the
Convertible Note was made pursuant to the exemption from registration contained in Section 4(2) of the Securities Act of 1933,
as amended.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
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LANDCADIA HOLDINGS, INC.
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By:
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/s/ Richard H. Liem
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Name: Richard H. Liem
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Title: Vice President and Chief Financial Officer
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Dated: August 23, 2018
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