Business Context and Reporting Period
This Form 8-K is filed by Leisure Acquisition Corp. (LACQ), not Ensysce Biosciences, Inc., on February 3, 2021. The filing discloses a scheduled investor conference call to discuss a previously announced business combination (the "Transaction") between Leisure and Ensysce Biosciences, Inc. The registrant is an emerging growth company incorporated in Delaware.
Financial Metrics
The filing text does not provide specific financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity for either Leisure Acquisition Corp. or Ensysce Biosciences, Inc. This document serves as a notification of an upcoming event and regulatory disclosure rather than a financial report.
Material Changes
No material financial changes are reported in this filing. The primary event is the scheduling of an investor conference call and the availability of an investor presentation (Exhibit 99.1) regarding the proposed business combination.
Guidance, Outlook, and Risks
- Transaction Status: The companies are proceeding with a business combination. Leisure intends to file a registration statement on Form S-4, which will include a proxy statement/prospectus.
- Investor Action: Stockholders are urged to read the definitive proxy statement/prospectus when available, as it will contain important information about the transaction.
- Non-Solicitation: This communication is explicitly not a solicitation of proxies, consent, or authorization, nor is it an offer to sell securities.
- Participants: Directors and executive officers of both Leisure and Ensysce may be deemed participants in the solicitation of proxies.
Key Facts for Investor Verification
- Verify the registrant is Leisure Acquisition Corp. (LACQ), a Special Purpose Acquisition Company (SPAC), not Ensysce Biosciences directly.
- Confirm the date and details of the investor conference call scheduled for February 3, 2021.
- Review the attached Exhibit 99.1 (Investor Presentation) for specific deal terms and financial projections not included in this 8-K text.
- Monitor for the future filing of the Form S-4 and definitive proxy statement/prospectus for voting materials.
- Note that no financial data is contained within this specific filing document.