DALLAS, Nov. 19, 2021 /PRNewswire/ -- LF Capital
Acquisition Corp. II (the "Company") today announced
the closing of its initial public offering of 25,875,000 units at a
price of $10.00 per unit, which
includes 3,375,000 units issued pursuant to the full exercise of
the underwriter's over-allotment option, for aggregate gross
proceeds to the Company of $258,750,000. The Company's units began trading
on the Nasdaq Global Market under the ticker symbol "LFACU" on
November 17, 2021. Each unit consists
of one share of the Company's Class A common stock, par value
$0.0001 per share, and one-half of
one redeemable warrant. Each whole warrant entitles the holder
thereof to purchase one share of the Company's Class A common stock
at a price of $11.50 per share. After
the securities comprising the units begin separate trading, the
Class A common stock and warrants are expected to be listed on the
Nasdaq Global Market under the symbols "LFAC" and "LFACW,"
respectively.
Jefferies LLC is serving as sole book-running manager for the
offering.
The offering was made only by means of a prospectus, copies of
which may be obtained from Jefferies LLC, at Attn: Equity Syndicate
Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, New York 10022, telephone: (877)
821-7388 or email: Prospectus_Department@Jefferies.com, or by
visiting EDGAR on the SEC's website, www.sec.gov.
A registration statement on Form S-1, including a prospectus,
relating to the securities was declared effective by the Securities
and Exchange Commission ("SEC") on November 16, 2021. 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.
This press release contains statements that constitute
"forward-looking statements," including with respect to the initial
public offering. 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 and the prospectus for the
Company's offering filed with the SEC. Copies of such documents 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.
For more information, please contact:
Scott Reed
President, Chief Executive Officer
LF Capital Acquisition Corp. II
(214) 740-6105
sreed@lfcapital.co
View original
content:https://www.prnewswire.com/news-releases/lf-capital-acquisition-corp-ii-announces-closing-of-its-initial-public-offering-and-full-exercise-of-underwriters-over-allotment-option-301429251.html
SOURCE LF Capital Acquisition Corp. II