Enjoy Technology Completes Business Combination With Marquee Raine Acquisition Corp.

CFGI’s Capital Markets team assisted Enjoy Technology, Inc. (“Enjoy”) (NASDAQ: ENJY) with its merger with Marquee Raine Acquisition Corp. (“Marquee Raine”), a Special Purpose Acquisition Company. The transaction closed on October 15, 2021 and its shares of common stock and warrants began trading on the Nasdaq stock exchange under the ticker symbols “ENJY” and “ENJYW”, respectively, on October 18, 2021. Enjoy raised more than $250 million as a result of the business combination, which was approved by Marquee Raine shareholders at a special meeting on October 13, 2021.

Enjoy Technology is a technology-powered platform reinventing “Commerce at Home” to bring the best of the store directly to the customer. Enjoy has formed multi-year commercial relationships with some of the world’s leading consumer brands to bring the products, services and subscriptions their customers love through the door directly to the comfort and convenience of their homes. Founded by Ron Johnson, formerly Head of Apple Retail and a member of Apple’s executive team, Enjoy has pioneered a new retail experience that we believe can do everything a traditional retail experience offers, but better, through its mobile stores. Enjoy currently operates in the United States, Canada and the United Kingdom. Headquartered in Palo Alto, CA, Enjoy is leading the reinvention of “Commerce at Home.” To learn more about Enjoy, please visit: www.enjoy.com.

The CFGI team was led by April Coleman (Capital Markets) and David Horn (Capital Markets), with assistance from Olga Sodnomova (Accounting Advisory) and Kyle Britto (Accounting Advisory).

For further information on the offering, please read Enjoy’s press release.