Landcadia Holdings, Inc.
announcedU=S+W/2W=S@11.50
0001653247
Capital Structure & Economics
Trust Size$300,000,000
Unit Price$10.00
Warrant Coverage1/2
Sponsor Promote20%
Implied Equity Architecture
Capital Allocation Baseline
Trust (100.0%)
Implied Dilution Drag
50% Warrant Inclusion| Public Trust Allocation | $300,000,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedApr 28, 2016
Target AnnouncedMay 16, 2018
Maturation Wall
N/A
Announced Target / M&A
- Target CompanyBite Squad
- SectorOnline food ordering and delivery
- Announced Deal Size$300,000,000
- Announcement Date2018-05-16
Board & Officers
- Carl GrimstadCEO
- Leucadia National CorporationOfficer
- Fertitta Entertainment, Inc.Officer
- Director
- Director
- Director
- Director
- Director
- Director
- Director
Advanced Structuring Terms
| Target Sectors | Online food ordering and delivery |
Syndicate & Advisors
Interactive Deal Modeling
Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.