Landcadia Holdings III, LLC is a blank‐check company formed in June 2018 under the laws of Delaware. It operates as a special purpose acquisition company (SPAC) with the primary objective of effecting a merger, capital stock exchange, asset acquisition or similar business combination with one or more businesses.
The company is sponsored by Landcadia Holdings, LLC, an affiliate of Guggenheim Partners, and seeks acquisition targets across a broad range of industries, including technology, healthcare, industrials and consumer products. Through its initial public offering, Landcadia III raised capital that is held in a trust account pending the identification and completion of a business combination.
Landcadia III’s units trade on the OTC Markets under the ticker symbol LCYAU, with each unit typically consisting of one share of common stock and a fraction of a warrant to purchase additional shares upon consummation of a qualifying business combination. The company generally has a predetermined period—typically two years from its IPO—to complete its business combination, subject to extensions.
As of now, Landcadia Holdings III has not yet announced or closed a strategic transaction. Its management team remains focused on sourcing and evaluating acquisition opportunities that align with its stated investment criteria and deliver long‐term value to shareholders.
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