Close the merger with Ensysce Biosciences
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 1 Feb 2021
- Due
- 30 Jun 2021
- Delivered
- 30 Jun 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The proposed transaction has been unanimously approved by the Boards of Directors of both Leisure and Ensysce, and is expected to close in the second quarter of 2021”
What we found
Evidence strength A What the grades mean
The company successfully closed its merger with Ensysce Biosciences on June 30, 2021, which falls within the second quarter of 2021.
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A Leisure Acquisition Corp. 8-K filed 2021-07-01
“Ensysce Biosciences, Inc. (“Ensysce” or the “Company”) (Nasdaq: ENSC) (OTC: ENSCW) today announced that it has closed its previously announced merger with Leisure Acquisition Corp. (“LACQ”).” ✓ confirmed on the page
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A Leisure Acquisition Corp. 10-Q filed 2021-11-15
“Pursuant to the Merger Agreement, on June 30, 2021 (the “Closing Date”), Merger Sub was merged with and into Former Ensysce” ✓ confirmed on the page
Market reaction: the shares moved -1.8% against the S&P 500 over the three sessions around the disclosure (30 Jun 2021 to 6 Jul 2021). What this measures
Checked 25 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Merger
- Indicative materiality
- Transformational rules
- Action
- Close
- Deliverable
- Merger with Ensysce Biosciences
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to approval by Leisure’s shareholders; required regulatory approvals; other customary closing conditions
- Depends on
- Shareholder, Regulatory
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-ENSC-022734 · Corrections policy