Enjoy Technology Completes Business Combination with Marquee Raine Acquisition Corp. to Become a Publicly Traded Company Reinventing "Commerce at Home"
PALO ALTO, Calif., Oct. 15, 2021 /PRNewswire/ -- Enjoy Technology, Inc. ("Enjoy" or the "Company"), a technology-powered service platform reinventing "Commerce at Home," today announced the completion of its business combination with Marquee Raine Acquisition Corp. ("Marquee Raine") (NASDAQ: MRAC), a TMT-focused special purpose acquisition company, to become a publicly traded company. The combined company will operate as Enjoy Technology, Inc. and its common stock and warrants will begin trading on the Nasdaq stock exchange ("Nasdaq") under the ticker symbols "ENJY" and "ENJYW," respectively, on October 18, 2021.
- The business combination was approved at a special meeting of Marquee Raine shareholders held on October 13, 2021.
- We are excited to embark on this new chapter with Marquee Raine and all of our investors as we meet the expected increasing demand for Enjoy."
- We look forward to working with Ron and the entire Enjoy team through its next chapter as a public company."
- Weil, Gotshal & Manges LLP acted as legal advisor to Marquee Raine and Cooley LLP acted as legal advisor to Enjoy.