LFAC

LF Capital Acquisition Corp. II Announces Approval of Proposal and Amendment to Charter

Retrieved on: 
Wednesday, June 28, 2023
Other Professional Services, Professional Services, Finance, Common stock, IPO, LFAC, Securities and Exchange Commission (Nigeria), Special, Security (finance), Charter Amendment One (Gainesville, Florida), Proxy, Charter, Common, Extension

The stockholders voted upon and approved the Charter Amendment Proposal, with 14,193,359 votes in favor, 849,364 votes against, and with no abstentions.

Key Points: 
  • The stockholders voted upon and approved the Charter Amendment Proposal, with 14,193,359 votes in favor, 849,364 votes against, and with no abstentions.
  • Accordingly, the Company amended its Charter and filed the Charter Amendment with the Secretary of State of the State of Delaware on June 27, 2023.
  • In connection with the approval and amendment of the Company’s Charter pursuant to the Charter Amendment Proposal, the Company was required to permit its public shareholders to redeem their shares of Common Stock.
  • As a result, approximately $59,593,408.93 will be removed from the Company’s trust account to pay such holders.

LF Capital Acquisition Corp. II Announces Postponement of Shareholder Meeting to Monday, June 26, 2023, Extension of Redemption Request Deadline, and Revised Contribution to Trust Account in Connection with Proposed Charter Amendment

Retrieved on: 
Tuesday, June 13, 2023
Other Professional Services, Professional Services, Finance, IPO, LF, Date, Meeting, LFAC, Security (finance)

The record date for determining LF II’s shareholders entitled to receive notice of and to vote at the Meeting remains the close of business on May 12, 2023 (the “Record Date”).

Key Points: 
  • The record date for determining LF II’s shareholders entitled to receive notice of and to vote at the Meeting remains the close of business on May 12, 2023 (the “Record Date”).
  • Shareholders as of the Record Date can vote, even if they have subsequently sold their shares.
  • Shareholders who have previously submitted their proxies or otherwise voted and who do not want to change their vote need not take any action.
  • If any such shareholders have questions or need assistance in connection with the Meeting, please contact LF II’s proxy solicitor, Morrow Sodali LLC, by calling (800) 662-5200.

LF Capital Acquisition Corp. II Provides Update Regarding Potential Business Combination

Retrieved on: 
Friday, June 2, 2023
Professional Services, Packaging, Business, Other Professional Services, Manufacturing, Finance, Shareholder, LFAC, Beer, Business analyst, Person, Sale, Suite, Prospectus, EBITDA, Acquisition, Growth, Texas State Highway Spur 366, LF, Proxy, Commercial property, Security (finance)

As previously announced, LF Capital Acquisition Corp. II, a Delaware corporation (“LF II”) (NASDAQ: LFAC), entered into a non-binding letter of intent (the “Letter of Intent”) to enter into a business combination (the “Business Combination”) with a private company (the “LOI Target”) that meets LF II’s acquisition criteria and business strategy in February 2023.

Key Points: 
  • As previously announced, LF Capital Acquisition Corp. II, a Delaware corporation (“LF II”) (NASDAQ: LFAC), entered into a non-binding letter of intent (the “Letter of Intent”) to enter into a business combination (the “Business Combination”) with a private company (the “LOI Target”) that meets LF II’s acquisition criteria and business strategy in February 2023.
  • LF II believes that a Business Combination with the LOI Target will help accelerate the LOI Target's growth and allow it to become a national leader in its industry.
  • LF II is currently seeking an amendment to its charter to provide for additional one-month extensions (until November 19, 2023) in order to extend the date by which LF II must consummate an initial business combination.
  • If LF II is unable to complete an initial business combination by such extended date, LF II may be forced to liquidate.

LF Capital Acquisition Corp. II Announces Letter of Intent for Business Combination

Retrieved on: 
Wednesday, February 15, 2023
Professional Services, Packaging, Business, Other Professional Services, Manufacturing, Finance, Prospectus, Texas State Highway Spur 366, Target, Business analyst, Documentation, LF, Sale, Letter, LOI, Person, LFAC, Suite, Proxy, Shareholder, Security (finance)

LF Capital Acquisition Corp. II, a Delaware corporation (“LF II”) (NASDAQ:LFAC), announced today that it has entered into a letter of intent (the “LOI”) with a target company (the “Target Company”) for a potential initial business combination (the “Business Combination”).

Key Points: 
  • LF Capital Acquisition Corp. II, a Delaware corporation (“LF II”) (NASDAQ:LFAC), announced today that it has entered into a letter of intent (the “LOI”) with a target company (the “Target Company”) for a potential initial business combination (the “Business Combination”).
  • Under the terms of the LOI, LF II and the Target Company intend to enter into a definitive agreement pursuant to which LF II and the Target Company would combine, with the former equity holders of both entities (following the completion of the Business Combination) holding equity in the combined publicly listed company.
  • If a definitive agreement is entered into in connection with the proposed Business Combination, LF II intends to file a preliminary proxy statement/prospectus (the “Deal Proxy Statement/Prospectus”) with the SEC.
  • LF II and certain of its respective directors and executive officers may be deemed to be participants in the solicitation of proxies, in favor of the approval of the proposed Business Combination related matters.