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Wednesday, September 27, 2023

Equity Corporate Actions Alert #2023 - 558
(UPDATED: Redemption rate) Information Regarding the Redemption of LF Capital Acquisition Corp. II (LFAC/W/U)

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  • Industry Announcement

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LF Capital Acquisition Corp. II (LFAC/W/U) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on October 3, 2023 the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: LF Capital Acquisition Corp. II Class A Common Stock
CUSIP#: 50202D102
Symbol: LFAC
Last Trading Date: October 2, 2023
Marketplace Effective Date for Suspension: October 3, 2023
Redemption rate: Approximately $10.82 per Class A Common Stock
Company Name & Issue Type: LF Capital Acquisition Corp. II Warrant
CUSIP#: 50202D110
Symbol: LFACW
Last Trading Date: October 2, 2023
Marketplace Effective Date for Suspension: October 3, 2023
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: LF Capital Acquisition Corp. II Unit
CUSIP#: 50202D201
Symbol: LFACU
Last Trading Date: October 2, 2023
Marketplace Effective Date for Suspension: October 3, 2023
Redemption rate: Approximately $10.82 per Class A Common Stock

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