An article from Harvard Law School Forum notes that since the beginning of fiscal year 2016, “each year has set a record in terms of total number of SPAC IPOs and the amount of capital raised.” Besides companies raising funds, investors have benefited with SPACs bringing forward attractive new businesses. I believe that Landcadia Holdings II (NASDAQ:LCA) is yet another SPAC that’s worth considering.
Landcadia Holdings touched a high of $19.3 and has subsequently corrected to $15. Investors can accumulate the stock on declines. The company’s acquisition of Golden Nugget Online Gaming will likely deliver value.
Back in April 2020, a research by BonusFinder indicated that land-based closure has sparked a 100% rise in U.S. online casino searches. The article also noted that “the five