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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
LF Capital Acquisition Corp. Announces Stockholder Approval of Proposed Business Combination .
LF Capital Acquisition Corp.December 15, 2020 GMT
- Stockholders Redeem Less Than 5% of Total Public Shares Outstanding -
- Remains on Track to Complete Business Combination -
NEW YORK, Dec. 15, 2020 (GLOBE NEWSWIRE) LF Capital Acquisition Corp. (NASDAQ: LFAC) (“LF Capital”) announced today that LF Capital’s stockholders voted to approve the proposed business combination with Landsea Homes Incorporated (“Landsea Homes”) and certain other related transactions, pursuant to which LF Capital will acquire Landsea Homes for $344 million in total consideration, to be paid fully via 32,557,303 newly issued shares of LF Capital’s Class A common stock. In connection with the approval of the proposed business combination, LF Capital’s public stockholders have requested ....

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