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Legacy EJY

Closed (deSPAC)

Consumer Discretionary · mobile retail commerce-at-home delivery

What it is
A private company in consumer discretionary preparing to list via a SPAC merger. Full profile in progress.
What it’s doing now
Merging with Marquee Raine Acquisition Corp. (MRAC) — closed (despac).
What you should know
The deal carries a $5M minimum-cash condition — heavy redemptions can break it.
Profile in progress — we only publish what we can verify in filings, and for this company that work isn’t finished. Identity and deal facts above are current; business detail, financials and peers will appear as the filings are parsed.

What the company says about itself

Web research — not audited
What our web check found

[WEB-INTEL 2026-08-26] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "$80M Min-cash condition" [https://spacbrain.com/spac/MRAC/deal] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "$5M Break fee" [https://spacbrain.com/spac/MRAC/deal] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "$3M" [https://spacbrain.com/spac/MRAC/deal] [WEB-INTEL 2026-08-26] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Company Has Secured an Additional $80 Million in Capital through Private Placement at $10.00 Per Share" [https://www.prnewswire.com/news-releases/enjoy-technology-to-become-a-public-company-accelerating-its-strategy-to-reinvent-commerce-at-home-301278960.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "$80M Min-cash condition" [https://spacbrain.com/spac/MRAC/deal] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "$5M Break fee" [https://spacbrain.com/spac/MRAC/deal] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "$3M" [https://spacbrain.com/spac/MRAC/deal]

Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Legacy EJY is merging with Marquee Raine Acquisition Corp. (MRAC) currently marked Closed (deSPAC).

Headline equity value—
PIPE≈ $80M · unsourced
Minimum cash to close$5M

Structure per SEC accession(s) 0001193125-21-162058, 0001193125-22-205237. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Legacy EJY going public?

Legacy EJY has an approved merger with the SPAC Marquee Raine Acquisition Corp. (MRAC). Deal status: Closed (deSPAC).

Does Legacy EJY have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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