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LF Capital Acquisition Corp. II has successfully closed its initial public offering (IPO) of 25,875,000 units at $10.00 per unit, raising gross proceeds of $258,750,000. The IPO was priced on November 17, 2021, with the units commencing trading on the Nasdaq Global Market under the symbol 'LFACU'. Each unit comprises one share of Class A common stock and one-half of a redeemable warrant, which entitles the holder to purchase a share at $11.50. Jefferies LLC acted as the sole book-running manager for the offering.
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