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Leo Holdings Corp. II - LHC STOCK NEWS

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Leo Holdings Corp. II (LHC) is a prominent player in the performance marketing sector, consistently pushing the boundaries of digital media solutions. Founded by a team of lifelong athletes, the company has rapidly emerged as one of the fastest-growing independent agencies. Digital Media Solutions, LLC (DMS), a subsidiary of LHC, specializes in providing diversified, data-driven digital media customer acquisition solutions that are scalable, sustainable, and measurable.

DMS excels in connecting the right consumers with the right offers precisely when needed, achieving the marketing objectives of clients in fiercely competitive industries. Their performance marketing, digital agency, and marketing technology solutions have set new standards in the industry.

With an impressive track record of explosive year-over-year growth, DMS has earned a spot on the Inc. 5000 list from 2014 to 2018. The company has also been recognized on the Tampa Bay Business Journal’s TBBJ 200 list in 2015, 2016, and 2017, the Entrepreneur Magazine 360 list in 2017, and achieved top 10 rankings on the Florida Fast 100 lists in 2015 and 2016. Notably, Inc. Magazine named DMS one of America’s “Best Places to Work” in 2017, a testament to its exceptional work environment and dedicated team.

Currently, LHC is driving several innovative projects aimed at enhancing its digital media capabilities. These projects include expanding its analytics infrastructure, forging strategic partnerships, and developing new marketing technologies to further optimize client performance.

Financially, LHC remains robust with continuous growth, supported by a diverse portfolio of clients and a relentless focus on delivering measurable results. The company’s achievements and ongoing projects underscore its significance in the digital marketing landscape.

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Leo Holdings Corp. II (NYSE: LHC) and World View decided to mutually terminate their business combination agreement due to challenging market conditions. As a result, Leo intends to dissolve and liquidate, redeeming all outstanding Class A Ordinary Shares.
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World View, a leader in stratospheric exploration, announces participation in a panel discussion at SXSW 2023 on March 15 at 4:00 PM CDT. The session will focus on the transformative potential of space tourism and its role in promoting a better understanding of Earth. Panelists include former NASA astronaut Kathryn Sullivan, explorer Richard Garriott, and World View CEO Ryan Hartman. They aim to explore how emerging space tourism capabilities can meet the needs of modern travelers seeking meaningful experiences. World View continues to innovate in stratospheric exploration while preparing for a business combination with Leo Holdings Corp II (NYSE: LHC).

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World View has appointed Ian Thomas as Chief Revenue Officer, a move aimed at expanding its global remote sensing business. With over 30 years of experience, including 15 years at Boeing, Thomas will focus on developing new strategic partnerships and market share. Earlier this year, World View announced a public listing through a SPAC deal with Leo Holdings Corp. II (NYSE: LHC), valuing the combined entity at approximately $350 million. The capital will assist in diversifying operations and exploring new markets for remote sensing technology.

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World View has entered a definitive merger agreement with Leo Holdings Corp. II (NYSE: LHC) to create a public company focused on stratospheric exploration, with a pro forma enterprise value of approximately $350 million. The transaction could yield up to $121 million in gross proceeds, contingent on shareholder redemptions and a targeted $75 million financing round. This merger aims to enhance World View's remote sensing capabilities and expand its market reach in various sectors, including defense and agriculture. The closure is anticipated in Q2 2023, pending approvals.

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Leo Holdings Corp. (NYSE: LHC) has announced that its extraordinary general meeting will be held remotely on July 14, 2020, due to COVID-19 safety concerns. The meeting aims to vote on proposals related to a Business Combination Agreement with Digital Media Solutions LLC. Shareholders can access the meeting via teleconference and are encouraged to read the definitive proxy statement, which contains essential information regarding the transaction. Leo has filed a Registration Statement with the SEC and mailed proxy materials to shareholders as of June 24, 2020.

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FAQ

What is the market cap of Leo Holdings II (LHC)?

The market cap of Leo Holdings II (LHC) is approximately 165.6M.

What is Leo Holdings Corp. II (LHC)?

LHC is a company known for its performance marketing solutions, primarily through its subsidiary Digital Media Solutions, LLC (DMS).

What services does Digital Media Solutions, LLC (DMS) offer?

DMS offers diversified and data-driven digital media customer acquisition solutions that deliver scalable, sustainable, and measurable marketing results.

What industries does DMS cater to?

DMS serves clients in highly competitive industries, connecting the right consumers with the right offers at the right time.

Has DMS received any recognitions?

Yes, DMS has been listed on the Inc. 5000, TBBJ 200, Entrepreneur Magazine 360 list, and Florida Fast 100, among others.

What recent achievements has DMS accomplished?

DMS has continued to experience explosive growth and was named one of America’s “Best Places to Work” by Inc. Magazine in 2017.

What are some of the current projects of LHC?

LHC is expanding its analytics infrastructure, forming strategic partnerships, and developing new marketing technologies.

How does DMS ensure a scalable marketing solution?

DMS uses data-driven methods to deliver marketing solutions that can be scaled to meet the needs of any client.

What makes DMS a great place to work?

DMS has been recognized for its exceptional work environment and was named one of America’s “Best Places to Work” by Inc. Magazine.

How does DMS measure marketing results?

DMS uses a range of analytics tools to provide measurable marketing results, ensuring clients achieve their marketing objectives.

What is the financial condition of LHC?

LHC maintains a strong financial position with continuous growth, driven by its diverse client portfolio and effective marketing solutions.

Leo Holdings Corp. II

NYSE:LHC

LHC Rankings

LHC Stock Data

165.60M
4.58M
114.59%
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