Business Context and Reporting Period
This Form 8-K was filed by Landcadia Holdings III, Inc. on November 25, 2020, under Item 8.01, Other Events. The provided filing identifies Landcadia Holdings III, Inc. as the registrant; it does not identify Hillman Solutions Corp. as the registrant.
The company was a special purpose acquisition company whose securities traded on Nasdaq under the symbols LCYAU, LCY, and LCYAW. The filing does not provide an operating business update or financial reporting period.
Key Financial Metrics
- Revenue, profit, cash flow, margins, debt, liquidity, and other financial metrics are not reported in the filing text.
- The filing text does not provide a clear value for the company’s cash balance, trust account, or transaction funding.
Material Changes Versus Prior Period
Beginning on or about November 27, 2020, holders of the company’s units could elect to separate each unit into one share of Class A common stock and one-third of a redeemable warrant.
- Separated Class A common stock traded under LCY.
- Separated warrants traded under LCYAW.
- Units that remained combined continued to trade under LCYAU.
- No fractional warrants would be issued; only whole warrants would trade.
Guidance, Outlook, Risks, and Unusual Items
The filing provides no earnings guidance, operating outlook, management forecast, or financial risk discussion. Holders seeking to separate units were required to have their brokers contact Continental Stock Transfer & Trust Company, the transfer agent. The filing included a related press release as Exhibit 99.1.
Investor Verification Items
- Verify the registrant’s identity, because the filing names Landcadia Holdings III, Inc., not Hillman Solutions Corp.
- Confirm the applicable security symbol and whether units were separated into common stock and whole warrants.
- Review Exhibit 99.1 and the applicable warrant terms, including the stated $11.50 exercise price.
- Do not infer revenue, profitability, liquidity, debt, or operating performance from this filing; those matters are not disclosed in the provided text.