|Bid||9.99 x 1100|
|Ask||10.02 x 3100|
|Day's Range||9.98 - 10.01|
|52 Week Range||9.73 - 10.03|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Landcadia Holdings IV, Inc. (Nasdaq: LCAHU) (the "Company") announced today that, commencing on or about May 17, 2021, the holders of the Company's units (the "Units") may elect to separately trade the shares of Class A common stock (the "Common Stock") and warrants (the "Warrants") included in the Units. The Common Stock and Warrants that are separated will trade on The Nasdaq Capital Market ("Nasdaq") under the symbols "LCA" and "LCAHW", respectively. Units that are not separated will continue to trade on Nasdaq under the symbol "LCAHU". No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the Units into Common Stock and Warrants.
Landcadia Holdings IV, Inc. (Nasdaq: LCAHU) (the "Company") announced today that it closed its initial public offering of 50,000,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $500,000,000.
Gathering restrictions have hit casinos hard in 2020, including in Atlantic City, where the city's nine casino operators reported a $89 million drop in profits during Q3 2020. According to data from New Jersey gaming regulators, the jurisdiction is embracing online gaming to help offset the tax revenue losses from these land-based casinos. Atlantic City isn't alone in this shift, as several legal gambling districts are looking to online gambling service providers to provide secure, smooth, and fun transitions into the digital area, including from Bragg Gaming Group (TSXV: BRAG) (OTCQX: BRGGF), Boyd Gaming (NYSE: BYD), Landcadia Holdings II (NASDAQ: LCA), Caesars Entertainment (NASDAQ: CZR), and GAN Limited (NASDAQ: GAN).