<SEC-DOCUMENT>0001615774-18-000382.txt : 20180117
<SEC-HEADER>0001615774-18-000382.hdr.sgml : 20180117
<ACCEPTANCE-DATETIME>20180117171854
ACCESSION NUMBER:		0001615774-18-000382
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20180115
FILED AS OF DATE:		20180117
DATE AS OF CHANGE:		20180117

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Silvers Daniel B.
		CENTRAL INDEX KEY:			0001468195

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38306
		FILM NUMBER:		18532240

	MAIL ADDRESS:	
		STREET 1:		1199 PARK AVENUE #17A
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10128

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Matthews Lane Capital Partners LLC
		CENTRAL INDEX KEY:			0001722952
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38306
		FILM NUMBER:		18532239

	BUSINESS ADDRESS:	
		STREET 1:		250 WEST 57TH STREET
		STREET 2:		SUITE 2223
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10107
		BUSINESS PHONE:		646.820.0860

	MAIL ADDRESS:	
		STREET 1:		250 WEST 57TH STREET
		STREET 2:		SUITE 2223
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10107

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MLCP GLL Funding LLC
		CENTRAL INDEX KEY:			0001722935
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38306
		FILM NUMBER:		18532238

	BUSINESS ADDRESS:	
		STREET 1:		250 WEST 57TH STREET
		STREET 2:		SUITE 2223
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10107
		BUSINESS PHONE:		646.820.0860

	MAIL ADDRESS:	
		STREET 1:		250 WEST 57TH STREET
		STREET 2:		SUITE 2223
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10107

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Leisure Acquisition Corp.
		CENTRAL INDEX KEY:			0001716947
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		IRS NUMBER:				822755287
		STATE OF INCORPORATION:			DE

	BUSINESS ADDRESS:	
		STREET 1:		250 WEST 57TH ST.
		STREET 2:		SUITE 2223
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10107
		BUSINESS PHONE:		(646) 565-6940

	MAIL ADDRESS:	
		STREET 1:		250 WEST 57TH ST.
		STREET 2:		SUITE 2223
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10107
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>s108737_form4.xml
<DESCRIPTION>4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2018-01-15</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001716947</issuerCik>
        <issuerName>Leisure Acquisition Corp.</issuerName>
        <issuerTradingSymbol>LACQ</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001468195</rptOwnerCik>
            <rptOwnerName>Silvers Daniel B.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LEISURE ACQUISITION CORP.,</rptOwnerStreet1>
            <rptOwnerStreet2>250 WEST 57TH STREET, SUITE 2223</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10107</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Executive Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001722952</rptOwnerCik>
            <rptOwnerName>Matthews Lane Capital Partners LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>250 WEST 57TH STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 2223</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10107</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <officerTitle></officerTitle>
            <otherText>Sponsors of the Co.</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001722935</rptOwnerCik>
            <rptOwnerName>MLCP GLL Funding LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O MATTHEWS LANE CAPITAL PARTNERS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>250 WEST 57TH STREET SUITE 2223</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10107</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <officerTitle></officerTitle>
            <otherText>Sponsor Affiliate of the Co.</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2018-01-15</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>171832</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1128370</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">As contemplated by the securities subscription agreement between each reporting person and the Company, 171,832 shares held by MLCP GLL Funding LLC, an affiliate of a sponsor of the Company (the &quot;Sponsor Affiliate&quot;) and Matthews Lane Capital Partners LLC, a sponsor of the Company (the &quot;Sponsor&quot;), were forfeited since the underwriters did not exercise their overallotment option in the Company's initial public offering.</footnote>
        <footnote id="F2">Represents 887,127 shares of common stock held by the Sponsor Affiliate. Represents 241,243 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.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Daniel B. Silvers</signatureName>
        <signatureDate>2018-01-17</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Daniel B. Silvers Daniel B. Silvers, Managing Member of Matthews Lane Capital Partners LLC, the manager of MLCP GLL Funding LLC</signatureName>
        <signatureDate>2018-01-17</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Daniel B. Silvers Daniel B. Silvers, Managing Member of Matthews Lane Capital Partners LLC</signatureName>
        <signatureDate>2018-01-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
