Landcadia Holdings II, Inc.’s $316.25 Million Initial Public Offering


Shearman & Sterling advised Jefferies LLC as sole book-running manager on the initial public offering of Landcadia Holdings II, Inc., a special-purpose acquisition company, of 31,625,000 units, which includes 4,125,000 units issued pursuant to the exercise by Jefferies LLC of its over-allotment option in full, at an offering price of $10.00 per unit, each unit consisting of one share of Class A common stock and one-third of one redeemable warrant.

The company’s sponsors are Fertitta Entertainment Inc., an international dining, hospitality, entertainment, sports and gaming company, and Jefferies Financial Group Inc., a diversified financial services company engaged in investment banking and capital markets, asset management and principal investing.

Shearman & Sterling advised Jefferies LLC as sole book-running manager with a team including Merritt Johnson (Picture), Ilir Mujalovic, Minkyu Park, Kristen Garry, Russell Sacks, Jennifer D. Morton, Jenny Ding Jordan and P. Sean Kelly.

Involved fees earner: Jenny Ding Jordan – Shearman & Sterling; Kristen Garry – Shearman & Sterling; Merritt Johnson – Shearman & Sterling; Sean Kelly – Shearman & Sterling; Jennifer Morton – Shearman & Sterling; Ilir Mujalovic – Shearman & Sterling; Minkyu Park – Shearman & Sterling; Russell Sacks – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: Jefferies;