SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Silvers Daniel B.

(Last) (First) (Middle)
C/O LEISURE ACQUISITION CORP.,
250 WEST 57TH STREET, SUITE 2223

(Street)
NEW YORK NY 10107

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/01/2017
3. Issuer Name and Ticker or Trading Symbol
Leisure Acquisition Corp. [ LACQ ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 1,660,071(1) I See Footnote(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Silvers Daniel B.

(Last) (First) (Middle)
C/O LEISURE ACQUISITION CORP.,
250 WEST 57TH STREET, SUITE 2223

(Street)
NEW YORK NY 10107

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
1. Name and Address of Reporting Person*
MLCP GLL Funding LLC

(Last) (First) (Middle)
C/O MATTHEWS LANE CAPITAL PARTNERS LLC,
250 WEST 57TH STREET, SUITE 2223

(Street)
NEW YORK, NY 10107

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Sponsor Affiliate of the Co.
1. Name and Address of Reporting Person*
Matthews Lane Capital Partners LLC

(Last) (First) (Middle)
250 WEST 57TH STREET
SUITE 2223

(Street)
NEW YORK, NY 10107

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Sponsor of the Company
Explanation of Responses:
1. Includes an aggregate of 171,833 shares held by MLCP GLL Funding LLC, an affiliate of the sponsor of the Company (the "Sponsor Affiliate") and Matthews Lane Capital Partners LLC, a sponsor of the Company (the "Sponsor") that are subject to forfeiture to the extent that the underwriters' overallotment in the Company's initial public offering is not fully exercised. Includes an aggregate of 359,869 shares that are expected to be forfeited upon consummation of the Company's initial public offering pursuant to the securities subscription agreement by and between each reporting person and the Company.
2. Represents 1,283,263 shares of common stock held by the Sponsor Affiliate. Represents 376,808 shares of common stock held by the Sponsor. The shares held by the Sponsor Affiliate and the Sponsor are beneficially owned by Daniel B. Silvers, who has sole voting and dispositive power over the shares held by the Sponsor Affiliate and the Sponsor. Mr. Silvers owns all of the membership interests in the Sponsor Affiliate and the Sponsor. Mr. Silvers disclaims beneficial ownership over any securities owned by the Sponsor and the Sponsor Affiliate in which he does not have any pecuniary interest.
/s/ Daniel B. Silvers 12/01/2017
/s/ Daniel B. Silvers, Managing Member of Matthews Lane Capital Partners, the manager of MLCP GLL Funding LLC 12/01/2017
/s/ Daniel B. Silvers, Managing Member of Matthews Lane Capital Partners LLC 12/01/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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