HOUSTON, May 7, 2021 /PRNewswire/ -- Landcadia
Holdings IV, Inc. (Nasdaq: LCAHU) (the "Company") announced today
that, commencing on or about May 17,
2021, the holders of the Company's units (the "Units") may
elect to separately trade the shares of Class A common stock (the
"Common Stock") and warrants (the "Warrants") included in the
Units. The Common Stock and Warrants that are separated will trade
on The Nasdaq Capital Market ("Nasdaq") under the symbols "LCA" and
"LCAHW", respectively. Units that are not separated will continue
to trade on Nasdaq under the symbol "LCAHU". No fractional Warrants
will be issued upon separation of the Units and only whole Warrants
will trade. Holders of Units will need to have their brokers
contact Continental Stock Transfer & Trust Company, the
Company's transfer agent, in order to separate the Units into
Common Stock and Warrants.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
The offering was made only by means of a prospectus, copies of
which may be obtained from Jefferies LLC, Attention: Equity
Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor,
New York, NY 10022, or by
telephone at 1-877-821-7388 or by email at
Prospectus_Department@Jefferies.com.
About Landcadia Holdings IV, Inc.
Landcadia Holdings IV, Inc. is a blank check company whose
business purpose is to effect a merger, capital stock exchange,
asset acquisition, stock purchase, reorganization or similar
business combination with one or more businesses. The Company is
sponsored by Jefferies Financial Group and Tilman J. Fertitta. The Company is led by
Richard Handler, the Company's
Co-Chairman and President, and the Chairman and Chief Executive
Officer of Jefferies Financial Group Inc., and Tilman J. Fertitta, the Company's Co-Chairman
and Chief Executive Officer, and the sole shareholder, and Chairman
and Chief Executive Officer of Fertitta Entertainment, Inc.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the search
for an initial business combination. No assurance can be given that
the proceeds of the offering will be used as indicated.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company's registration
statement for the Company's initial public offering filed with the
U.S. Securities and Exchange Commission (the "SEC"). Copies are
available on the SEC's website, www.sec.gov. The Company undertakes
no obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
View original
content:http://www.prnewswire.com/news-releases/landcadia-holdings-iv-inc-announces-the-separate-trading-of-its-common-stock-and-warrants-commencing-may-17-2021-301286350.html
SOURCE Landcadia Holdings Inc.