NEW YORK, Dec. 23, 2020 (World NEWSWIRE) — LF Cash Acquisition Corp. (NASDAQ: LFAC) (“LF Capital”) announced now that it has received approval to prolong the deadline to consummate the enterprise mixture with Landsea Households Included (the “Business Combination”) from December 22, 2020 to January 22, 2021 (the “Extension”).
LF Money carries on to foresee that the Small business Mix will near in the to start with 50 % of January 2021.
Scott Reed, CEO and President of LF Cash commented:
“LF Money is happy to announce the prosperous approval of this extension. LF Capital’s administration thinks LF Money will be in a place to total the Business Combination in the 1st fifty percent of January 2021 and we search ahead to partnering with Landsea Houses to go on the enhancement of main sustainable homebuilding in the U.S.”
Advisors
B. Riley Securities and Raymond James & Associates, Inc. are performing as economical advisors for LF Money. B. Riley Securities and Barclays are performing as placement brokers for LF Funds. Dechert LLP is performing as lawful counsel for LF Cash.
Rothschild & Co is performing as exclusive money advisor to Landsea Households. Gibson, Dunn & Crutcher LLP is performing as authorized counsel for Landsea Houses. Barclays is acting as capital marketplaces advisor to Landsea Houses. Gateway Team is serving as communications advisor to Landsea Houses.
About LF Funds Acquisition Corp.
LF Money Acquisition Corp. is a blank check firm that was shaped in 2018 for the objective of effecting a merger, funds inventory trade, asset acquisition, stock obtain, reorganization, or comparable business mix with one particular or more firms. For a lot more details, remember to visit www.lfcapital.co.
About Landsea Households Incorporated
Landsea Residences styles and builds finest-in-class, higher-performance houses and sustainable grasp-prepared communities in some of the most desirable marketplaces in the United States. The firm has created households and communities in, Arizona and throughout California in Silicon Valley, Los Angeles and Orange County.
Creating inspired spots that reflect modern dwelling, Landsea Residences builds suburban, single-spouse and children detached and connected homes, mid- and large-increase homes and master-planned communities to meet up with the numerous and ever-switching expectations and lifestyles of our homebuyers right now and tomorrow.
Led by a veteran crew of marketplace professionals who boast a long time of around the globe knowledge and deep regional skills, Landsea Houses is fully commited to positively enhancing the lives of our homebuyers, staff members and stakeholders by developing an unparalleled life-style practical experience that is unmatched almost everywhere we build.
Landsea Homes is currently a wholly owned U.S. subsidiary of Landsea Inexperienced Team, an international homebuilder that thinks globally but operates locally. Operating on a few continents together with Europe, Asia and North The united states, Landsea Green’s deep information and working experience of building and dwelling in diverse environments all around the world supply households that embrace the neighborhood life-style in which they are created. For far more information, be sure to visit landseahomes.com.
Critical Info About the Small business Mix and Exactly where to Locate It
In link with the Business Combination, LF Funds filed a definitive proxy assertion with the Securities and Trade Commission (the “SEC”) on November 23, 2020 (the “Proxy Statement”). LF Cash mailed the Proxy Assertion and other appropriate files to its stockholders starting on or about November 27, 2020. LF Capital’s stockholders and other fascinated individuals are suggested to examine the definitive proxy assertion and any amendments thereto in relationship with LF Capital’s solicitation of proxies for its specific assembly of stockholders to be held to approve, amongst other items, the Business enterprise Mixture, simply because these files incorporate crucial info about LF Capital, Landsea Homes and the Business enterprise Blend. LF Capital’s stockholders may also acquire a copy of the definitive proxy assertion as very well as other files submitted with the SEC by LF Money, with no demand, at the SEC’s site situated at www.sec.gov or by directing a request to: LF Money Acquisition Corp., 600 Madison Avenue, Suite 1802, New York, NY 10022. The data contained on, or that may possibly be accessed via, the internet sites referenced in this push launch is not incorporated by reference into, and is not a element of, this push launch.
Participants in the Solicitation
LF Funds and its directors, govt officers, other users of administration, and workforce, beneath SEC policies, may perhaps be considered to be participants in the solicitation of proxies of LF Capital’s stockholders in connection with the proposed merger and related transactions. Traders and stability holders may obtain far more detailed info with regards to the names and passions in the proposed transactions of LF Capital’s administrators and officers in LF Capital’s filings with the SEC, together with LF Capital’s Once-a-year Report on Type 10-K for the fiscal calendar year finished December 31, 2019, which was filed with the SEC on February 24, 2020 and such facts in the preliminary proxy assertion and amendments thereto filed with the SEC by LF Cash in link with the proposed merger and similar transactions.
Forward On the lookout Statements
This push release contains “forward hunting statements” in the that means of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When utilised in this push release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variants of these terms or comparable expressions (or the damaging variations of these terms or expressions) are supposed to establish ahead-hunting statements.
These forward-wanting statements are not assures of potential performance, problems or outcomes, and involve a selection of recognized and not known challenges, uncertainties, assumptions and other essential things, numerous of which are outdoors LF Capital’s management’s regulate, that could lead to real benefits or outcomes to vary materially from those people discussed in the ahead-searching statements. Important variables, among others, that may perhaps influence genuine success or outcomes incorporate: the problems to the completion of the merger, which include the needed approval by LF Capital’s stockholders, may possibly not be contented on the conditions anticipated or on the expected schedule the parties’ capacity to fulfill expectations about the timing and completion of the merger the prevalence of any occasion, adjust or other circumstance that could give rise to the termination of the Merger Arrangement the approval by LF Capital’s stockholders of an modification to LF Capital’s organizational paperwork to extend the date by which LF Cash ought to total its original business enterprise combination in purchase to have enough time to near the proposed transaction the consequence of any lawful proceedings that might be instituted from the Business related to the merger or the Merger Settlement and the total of the costs, fees, bills and other expenses connected to the merger. LF Capital undertakes no obligation to update or revise any ahead-seeking statements, no matter whether as a final result of new info, long run situations or or else, apart from as necessary by legislation.
No Offer you or Solicitation
This press launch shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction. This push release shall also not represent an provide to market or the solicitation of an supply to acquire any securities, nor shall there be any sale of securities in any states or jurisdictions in which such give, solicitation or sale would be illegal prior to registration or qualification less than the securities guidelines of any this kind of jurisdiction. No featuring of securities shall be made except by means of a prospectus conference the specifications of segment 10 of the Securities Act of 1933, as amended.
LF Funds Contact:
Scott A. Reed
Chief Executive Officer and President
214-740-6112
Landsea Houses Make contact with:
John Ho
Main Government Officer
949-345-8080
Trader Relations Make contact with:
Cody Slach
Gateway Investor Relations
949-574-3860
[email protected]
More Stories
Sales Build in November as Inventories Grow
A Two-Way Communication Tool for Teachers
My 50th birthday celebrations in Amsterdam