Item 5. Other Information
ITEM
5. OTHER INFORMATION.
On
October 26, 2020, the Company entered into a second amendment to its expense advancement agreement with the Funding Parties dated
December 1, 2017, as amended, to increase the total amount of advances available to the Company under the agreement by $75,000
such that an aggregate of $200,000 was available for drawdown following the amendment. The Company issued unsecured promissory
notes in October 2020 pursuant to the agreement, as amended, which cover an initial aggregate drawdown amount of $75,000 and a
maximum aggregate amount of $200,000. Amounts up to the aggregate maximum amount may and are expected to be drawn down from time
to time by the Company to fund its working capital requirements.
ITEM
6. EXHIBITS.
The
following exhibits are filed as part of, or incorporated by reference into, this Quarterly Report on Form 10-Q.
No.
Description
of Exhibit
10.1*
Amendment dated August 7, 2020 to the Administrative Services Agreement between the Company and Hydra Management, LLC
31.1*
Certification of Principal Executive Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2*
Certification of Principal Financial Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1**
Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2**
Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS
XBRL Instance Document - The instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
101.SCH
Inline XBRL Taxonomy Extension Schema Document.
101.CAL
Inline XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF
Inline XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB
Inline XBRL Taxonomy Extension Label Linkbase Document.
101.PRE
Inline XBRL Taxonomy Extension Presentation Linkbase Document.
104
Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).
*
Filed
herewith.
**
Furnished.
21
SIGNATURES
Pursuant
to the requirements of Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
LEISURE
ACQUISITION CORP.
Date:
November 9, 2020
/s/
Daniel B. Silvers
Name:
Daniel
B. Silvers
Title:
Chief
Executive Officer
(Principal Executive Officer)
Date:
November 9, 2020
/s/
George Peng
Name:
George
Peng
Title:
Chief
Financial Officer, Treasurer and Secretary
(Principal Financial and Accounting Officer)
22
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.