LHC SEC filings, in plain English
Everything Leo Holdings Corp. II has filed with the SEC that we hold — 40 filings, newest first, 3 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2023-08-14deadline 2023-09-12 → 2023-11-12
combination deadline, sponsor loans outstanding, trust account +11 moved · 3 with no prior record of ours
- Combination deadline
- 2023-09-122023-11-12
- Sponsor loans outstanding
- not previously extracted$240K
- Trust account
- $380.4M · unchanged
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as 61 days later than the previous record.
The clause …“doubt about our ability to continue as a going concern. An initial business combination was not consummated by November 12, 2023, so there will be a mandatory liquidation and subsequent dissolution of the Company. No”…
The clause …“time of the initial public offering of the Company. To date, the Company has borrowed $ 240,000 under the Second Extension Funding Promissory Note, which funds have been deposited into the Trust Account. In connection with the vote to”…
The clause “1 Prepaid expenses 31,640 16,232 Total current assets 32,231 16,823 Investments held in Trust Account — 380,360,382 Cash held in Trust Account 49,753,112 — Total Assets $ 49,785,343 $ 380,377,205 Liabilities, Class A Ordinary Shares”…
The clause …“are available to be issued. In connection with the Company’s assessment of going concern considerations in accordance with FASB accounting Standards Update (“ASU”) 2014-15, “Disclosures of Uncertainties about an Entity’s Ability to”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside date1 moved
- Outside date
- 2023-10-122023-11-30
SpacBrain reads this as 49 days later than the previous record.
The clause …“notice to the other Party if the Closing has not occurred on or prior to November 30, 2023 (the Outside Date ); provided , that the right to terminate this Agreement under this Section 8.1(e) shall not be available to any Party”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Leo Holdings Corp. II called an extraordinary general meeting for October 11, 2023 at 10:00 a.m. Eastern Time at the offices of Kirkland & Ellis LLP, to extend the Termination Date from October 12, 2023 to November 12, 2023, alongside a Redemption Limitation Amendment Proposal. Within ten business days of the meeting the Lender, being the Sponsor or its designees, deposits $240,000 into the Trust Account in exchange for a non-interest-bearing unsecured promissory note. Why it matters: A $240,000 deposit is substantial in absolute terms but buys only one month, after which eleven more months can be added without any further shareholder vote — and the notice discloses no deposit for those later months. That removes eleven potential redemption windows in a single approval. Paired with elimination of the redemption limitation, the structure lets the sponsor keep searching for nearly a year while holders lose their recurring exit. Leo II ultimately liquidated.
What changed vs 2022-12-16trust $379.7M → $49.7M -87%deadline 2023-04-12 → 2024-01-12trust account, combination deadline2 moved
- Trust account
- $379.7M$49.7M
- Combination deadline
- 2023-04-122024-01-12
SpacBrain reads this as $329,943,263 left the trust between the two filings.
The clause …“price per share was approximately $10.868, based on the aggregate amount on deposit in the Trust Account of approximately $49,731,746 as of September 25, 2023 (including interest not previously released to Leo to pay its taxes),”…
SpacBrain reads this as 275 days later than the previous record.
The clause …“combination under the foregoing NYSE rule. Therefore, unless we complete a business combination by January 12, 2024, we may be subject to suspension and delisting from the NYSE due to our non-compliance with that requirement. We and”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2023-10-12 · unchanged
The clause …“notice to the other Party if the Closing has not occurred on or prior to October 12, 2023 (the Outside Date ); provided , that the right to terminate this Agreement under this Section 8.1(e) shall not be available to any Party”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Leo Holdings Corp. II ('Leo', a Cayman Islands exempted company) filed Amendment No. 3 to its Form S-4; the preliminary proxy statement/prospectus inside is dated September 11, 2023. No explanatory note names the change. It registers up to 57,026,904 shares of common stock and 16,041,667 warrants of Leo after its domestication as a Delaware corporation, to be renamed WORLD VIEW, INC. Leo will migrate to and domesticate as a Delaware corporation PRIOR TO the closing. Why it matters: The registered ceiling is 57,026,904 shares plus 16,041,667 warrants — the warrant leg is roughly 28% of the share leg and is a separate claim on the equity. Two merger subs, one a corporation and one an LLC, indicate a two-step merger structure of the kind used to reach a particular tax treatment. The domestication is a separate vote and a precondition to closing. No vote date is stated in this portion.
- What changed vs 2023-05-16trust $47.5M → $380.4M +700%deadline 2023-10-12 → 2023-09-12
trust account, combination deadline, going-concern doubt2 moved · 1 with no prior record of ours
- Trust account
- $47.5M$380.4M
- Combination deadline
- 2023-10-122023-09-12
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $332,813,298 was added to the trust between the two filings.
The clause “1 Prepaid expenses 55,390 16,232 Total current assets 55,981 16,823 Investments held in Trust Account — 380,360,382 Cash held in Trust Account 48,643,706 — Total Assets $ 48,699,687 $ 380,377,205 Liabilities, Class A Ordinary Shares”…
SpacBrain reads this as 30 days earlier than the previous record.
The clause …“a Business Combination. 19 Table of Contents If we are unable to complete a Business Combination by September 12, 2023 (or October 12, 2023 upon the monthly extension payment as described below) (the “Combination Period”), we will (i)”…
The clause …“are available to be issued. In connection with the Company’s assessment of going concern considerations in accordance with FASB accounting Standards Update (“ASU”) 2014-15, “Disclosures of Uncertainties about an Entity’s Ability to”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Leo Holdings Corp. II ('Leo', a Cayman Islands exempted company) filed Amendment No. 2 to its Form S-4; the preliminary proxy statement/prospectus inside is dated August 4, 2023. No explanatory note names the change. THE REGISTERED AMOUNTS ARE BLANK on the cover — it reads 'PROSPECTUS FOR UP TO SHARES OF COMMON STOCK AND WARRANTS' with no numbers — of Leo after its domestication as a Delaware corporation, to be renamed World View, Inc. Leo will migrate to and domesticate as a Delaware corporation prior to the closing. Why it matters: This version sets no dilution ceiling: both the share and warrant figures on the cover are blanks, filled in only in the amendment that follows. The two merger subs, one a corporation and one an LLC, indicate a two-step merger of the kind used to reach a particular tax treatment. The domestication is a precondition to closing. No vote date is stated.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.