recent accounting pronouncements management does not believe that any recently issued , but not yet effective , accounting pronouncements , if currently adopted , would have a material effect on the company 's financial statements . 3. stockholder 's equity in 2015 , jfg sponsor purchased an aggregate of 1,000 shares of the company 's common stock ( 100 % of the issued and outstanding shares ) for $ 1,000 . on february 4 , 2019 , the company amended the total number of authorized shares of all classes of capital stock to 221,000,000 , of which 200,000,000 shares are class a shares at par value $ 0.0001 per share ; 20,000,000 shares are class b shares at par value $ 0.0001 per share ( the “ founders shares ” ) ; and 1,000,000 shares are preferred stock at par value $ 0.0001 per share . simultaneously , the company reclassified all of its issued and outstanding shares of common stock to founders shares and conducted a 1:2,775 stock split . also , on february 14 , 2019 , the company issued 2,975,000 additional founders shares to fei for $ 10,000 . on march 13 , 2019 , the company conducted a 1:1.25 stock split and on may 6 , 2019 a 1:1.10 stock split of the founders shares . the financial statements reflect the changes from these splits retroactively for all periods presented . following these transactions , the sponsors owned 7,906,250 issued and outstanding founders shares and the company had $ 11,000 of invested capital , or approximately $ 0.001 per share . redeemable shares all of the 31,625,000 public shares sold as part of the public offering contain a redemption feature as defined in the public offering . in accordance with fasb asc 480 , redemption provisions not solely within the control of the company require the security to be classified outside of permanent equity . the company 's amended and restated certificate of incorporation provides a minimum net tangible asset threshold of $ 5,000,001 . the company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security to equal the redemption value at the end of each reporting period . increases or decreases in the carrying amount of redemption shares will be affected by charges against additional paid-in capital . 59 landcadia holdings ii , inc. notes to financial statements at december 31 , 2019 , there were 31,625,000 public shares , of which 30,181,451 were classified as redeemable shares , classified outside of permanent equity , and 1,443,549 classified as class a common stock . for further information on the founders shares , see note 5 . 4. public offering public units in the public offering , which closed may 9 , 2019 , the company sold 31,625,000 units at a price of $ 10.00 per unit . each unit consists of one share of the company 's class a common stock , $ 0.0001 par value and one-third of one redeemable warrant ( each a “ public warrant ” ) . under the terms of the warrant agreement , the company has agreed to use its best efforts to file a new registration statement to register the shares of common stock underlying the warrants under the securities act following the completion of the business combination . each warrant entitles the holder to purchase one share of class a common stock at a price of $ 11.50 per share . each public warrant will become exercisable on the later of 30 days after the completion of the business combination or 12 months from the closing of the public offering . however , if the company does not complete the business combination on or prior to may 9 , 2021 , the warrants will expire at the end of such period . if the company is unable to deliver registered shares of class a common stock to the holder upon exercise of public warrants issued in connection with the units during the exercise period , there will be no net cash settlement of these public warrants and the public warrants will expire worthless , unless they may be exercised on a cashless basis in the circumstances described in the warrant agreement . once the public warrants become exercisable , the company may call the warrants for redemption : ( i ) in whole and not in part ; ( ii ) at a price of $ 0.01 per warrant ; ( iii ) upon not less than 30 days ' prior written notice of redemption to each warrant holder ; and ( iv ) if , and only if , the reported closing price of the class a common stock equals or exceeds $ 18.00 value per share for any 20 trading days within a 30-trading day period ending three business days before the company sends the notice of redemption to the warrant holders . underwriting commissions the company paid an underwriting discount of $ 6,325,000 ( $ 0.20 per unit sold ) to the underwriters at the closing of the public offering on may 9 , 2019 , with an additional fee ( “ deferred discount ” ) of $ 11,068,750 ( $ 0.35 per unit sold ) payable upon the company 's completion of the business combination . the deferred discount will become payable to the underwriters from the amounts held in the trust account solely in the event the company completes its business combination . see note 5 for further information on underwriting commissions . 5. related party transactions founders shares the founders shares are identical to the public shares except that the founders shares are subject to certain transfer restrictions and automatically convert into shares of class a common stock at the time of the business combination on a one-for-one basis , subject to adjustment pursuant to certain anti-dilution rights . the initial stockholders collectively own 20 % of the company 's issued and story_separator_special_tag recent accounting pronouncements management does not believe that any recently issued , but not yet effective , accounting pronouncements , if currently adopted , would have a material effect on the company 's financial statements . 3. stockholder 's equity in 2015 , jfg sponsor purchased an aggregate of 1,000 shares of the company 's common stock ( 100 % of the issued and outstanding shares ) for $ 1,000 . on february 4 , 2019 , the company amended the total number of authorized shares of all classes of capital stock to 221,000,000 , of which 200,000,000 shares are class a shares at par value $ 0.0001 per share ; 20,000,000 shares are class b shares at par value $ 0.0001 per share ( the “ founders shares ” ) ; and 1,000,000 shares are preferred stock at par value $ 0.0001 per share . simultaneously , the company reclassified all of its issued and outstanding shares of common stock to founders shares and conducted a 1:2,775 stock split . also , on february 14 , 2019 , the company issued 2,975,000 additional founders shares to fei for $ 10,000 . on march 13 , 2019 , the company conducted a 1:1.25 stock split and on may 6 , 2019 a 1:1.10 stock split of the founders shares . the financial statements reflect the changes from these splits retroactively for all periods presented . following these transactions , the sponsors owned 7,906,250 issued and outstanding founders shares and the company had $ 11,000 of invested capital , or approximately $ 0.001 per share . redeemable shares all of the 31,625,000 public shares sold as part of the public offering contain a redemption feature as defined in the public offering . in accordance with fasb asc 480 , redemption provisions not solely within the control of the company require the security to be classified outside of permanent equity . the company 's amended and restated certificate of incorporation provides a minimum net tangible asset threshold of $ 5,000,001 . the company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security to equal the redemption value at the end of each reporting period . increases or decreases in the carrying amount of redemption shares will be affected by charges against additional paid-in capital . 59 landcadia holdings ii , inc. notes to financial statements at december 31 , 2019 , there were 31,625,000 public shares , of which 30,181,451 were classified as redeemable shares , classified outside of permanent equity , and 1,443,549 classified as class a common stock . for further information on the founders shares , see note 5 . 4. public offering public units in the public offering , which closed may 9 , 2019 , the company sold 31,625,000 units at a price of $ 10.00 per unit . each unit consists of one share of the company 's class a common stock , $ 0.0001 par value and one-third of one redeemable warrant ( each a “ public warrant ” ) . under the terms of the warrant agreement , the company has agreed to use its best efforts to file a new registration statement to register the shares of common stock underlying the warrants under the securities act following the completion of the business combination . each warrant entitles the holder to purchase one share of class a common stock at a price of $ 11.50 per share . each public warrant will become exercisable on the later of 30 days after the completion of the business combination or 12 months from the closing of the public offering . however , if the company does not complete the business combination on or prior to may 9 , 2021 , the warrants will expire at the end of such period . if the company is unable to deliver registered shares of class a common stock to the holder upon exercise of public warrants issued in connection with the units during the exercise period , there will be no net cash settlement of these public warrants and the public warrants will expire worthless , unless they may be exercised on a cashless basis in the circumstances described in the warrant agreement . once the public warrants become exercisable , the company may call the warrants for redemption : ( i ) in whole and not in part ; ( ii ) at a price of $ 0.01 per warrant ; ( iii ) upon not less than 30 days ' prior written notice of redemption to each warrant holder ; and ( iv ) if , and only if , the reported closing price of the class a common stock equals or exceeds $ 18.00 value per share for any 20 trading days within a 30-trading day period ending three business days before the company sends the notice of redemption to the warrant holders . underwriting commissions the company paid an underwriting discount of $ 6,325,000 ( $ 0.20 per unit sold ) to the underwriters at the closing of the public offering on may 9 , 2019 , with an additional fee ( “ deferred discount ” ) of $ 11,068,750 ( $ 0.35 per unit sold ) payable upon the company 's completion of the business combination . the deferred discount will become payable to the underwriters from the amounts held in the trust account solely in the event the company completes its business combination . see note 5 for further information on underwriting commissions . 5. related party transactions founders shares the founders shares are identical to the public shares except that the founders shares are subject to certain transfer restrictions and automatically convert into shares of class a common stock at the time of the business combination on a one-for-one basis , subject to adjustment pursuant to certain anti-dilution rights . the initial stockholders collectively own 20 % of the company 's issued and

liquidity and capital resources on may 9 , 2019 we consummated a $ 316,250,000 public offering consisting of 31,625,000 units at a price of $ 10.00 per unit . each unit consists of one share of the company 's class a common stock , $ 0.0001 par value and one-third of one redeemable public warrant . simultaneously , with the closing of the public offering , we consummated a $ 8,825,000 private placement of an aggregate of 5,883,333 sponsor warrants at a price of $ 1.50 per warrant . upon closing of the public offering and private placement on may 9 , 2019 , $ 316,250,000 in proceeds ( including $ 11,068,750 of deferred underwriting commissions ) from the public offering and private placement was placed in the trust account . the remaining $ 8,825,000 held outside of trust was used to pay underwriting commissions of $ 6,325,000 , loans to our sponsors , and deferred offering and formation costs . 44 as of december 31 , 2019 , we had an unrestricted balance of $ 1,593,104 as well as cash and accrued interest held in the trust account of $ 319,901,512. our working capital needs will be satisfied through the funds , held outside of the trust account , from the public offering . interest on funds held in the trust account may be used to pay income taxes and franchise taxes , if any . further , our sponsors may , but are not obligated to , loan us funds as may be required in connection with the business combination . up to $ 1,500,000 of these loans may be converted into warrants of the post business combination entity at a price of $ 1.50 per warrant at the option of the lender and would be identical to the sponsor warrants . results of operations we have neither engaged in any significant business operations nor generated any revenues to date . all activities to date relate to the company 's formation and its initial public offering and search for a suitable business combination .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources on may 9 , 2019 we consummated a $ 316,250,000 public offering consisting of 31,625,000 units at a price of $ 10.00 per unit . each unit consists of one share of the company 's class a common stock , $ 0.0001 par value and one-third of one redeemable public warrant . simultaneously , with the closing of the public offering , we consummated a $ 8,825,000 private placement of an aggregate of 5,883,333 sponsor warrants at a price of $ 1.50 per warrant . upon closing of the public offering and private placement on may 9 , 2019 , $ 316,250,000 in proceeds ( including $ 11,068,750 of deferred underwriting commissions ) from the public offering and private placement was placed in the trust account . the remaining $ 8,825,000 held outside of trust was used to pay underwriting commissions of $ 6,325,000 , loans to our sponsors , and deferred offering and formation costs . 44 as of december 31 , 2019 , we had an unrestricted balance of $ 1,593,104 as well as cash and accrued interest held in the trust account of $ 319,901,512. our working capital needs will be satisfied through the funds , held outside of the trust account , from the public offering . interest on funds held in the trust account may be used to pay income taxes and franchise taxes , if any . further , our sponsors may , but are not obligated to , loan us funds as may be required in connection with the business combination . up to $ 1,500,000 of these loans may be converted into warrants of the post business combination entity at a price of $ 1.50 per warrant at the option of the lender and would be identical to the sponsor warrants . results of operations we have neither engaged in any significant business operations nor generated any revenues to date . all activities to date relate to the company 's formation and its initial public offering and search for a suitable business combination .
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 Suspicious Activity Report : recent accounting pronouncements management does not believe that any recently issued , but not yet effective , accounting pronouncements , if currently adopted , would have a material effect on the company 's financial statements . 3. stockholder 's equity in 2015 , jfg sponsor purchased an aggregate of 1,000 shares of the company 's common stock ( 100 % of the issued and outstanding shares ) for $ 1,000 . on february 4 , 2019 , the company amended the total number of authorized shares of all classes of capital stock to 221,000,000 , of which 200,000,000 shares are class a shares at par value $ 0.0001 per share ; 20,000,000 shares are class b shares at par value $ 0.0001 per share ( the “ founders shares ” ) ; and 1,000,000 shares are preferred stock at par value $ 0.0001 per share . simultaneously , the company reclassified all of its issued and outstanding shares of common stock to founders shares and conducted a 1:2,775 stock split . also , on february 14 , 2019 , the company issued 2,975,000 additional founders shares to fei for $ 10,000 . on march 13 , 2019 , the company conducted a 1:1.25 stock split and on may 6 , 2019 a 1:1.10 stock split of the founders shares . the financial statements reflect the changes from these splits retroactively for all periods presented . following these transactions , the sponsors owned 7,906,250 issued and outstanding founders shares and the company had $ 11,000 of invested capital , or approximately $ 0.001 per share . redeemable shares all of the 31,625,000 public shares sold as part of the public offering contain a redemption feature as defined in the public offering . in accordance with fasb asc 480 , redemption provisions not solely within the control of the company require the security to be classified outside of permanent equity . the company 's amended and restated certificate of incorporation provides a minimum net tangible asset threshold of $ 5,000,001 . the company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security to equal the redemption value at the end of each reporting period . increases or decreases in the carrying amount of redemption shares will be affected by charges against additional paid-in capital . 59 landcadia holdings ii , inc. notes to financial statements at december 31 , 2019 , there were 31,625,000 public shares , of which 30,181,451 were classified as redeemable shares , classified outside of permanent equity , and 1,443,549 classified as class a common stock . for further information on the founders shares , see note 5 . 4. public offering public units in the public offering , which closed may 9 , 2019 , the company sold 31,625,000 units at a price of $ 10.00 per unit . each unit consists of one share of the company 's class a common stock , $ 0.0001 par value and one-third of one redeemable warrant ( each a “ public warrant ” ) . under the terms of the warrant agreement , the company has agreed to use its best efforts to file a new registration statement to register the shares of common stock underlying the warrants under the securities act following the completion of the business combination . each warrant entitles the holder to purchase one share of class a common stock at a price of $ 11.50 per share . each public warrant will become exercisable on the later of 30 days after the completion of the business combination or 12 months from the closing of the public offering . however , if the company does not complete the business combination on or prior to may 9 , 2021 , the warrants will expire at the end of such period . if the company is unable to deliver registered shares of class a common stock to the holder upon exercise of public warrants issued in connection with the units during the exercise period , there will be no net cash settlement of these public warrants and the public warrants will expire worthless , unless they may be exercised on a cashless basis in the circumstances described in the warrant agreement . once the public warrants become exercisable , the company may call the warrants for redemption : ( i ) in whole and not in part ; ( ii ) at a price of $ 0.01 per warrant ; ( iii ) upon not less than 30 days ' prior written notice of redemption to each warrant holder ; and ( iv ) if , and only if , the reported closing price of the class a common stock equals or exceeds $ 18.00 value per share for any 20 trading days within a 30-trading day period ending three business days before the company sends the notice of redemption to the warrant holders . underwriting commissions the company paid an underwriting discount of $ 6,325,000 ( $ 0.20 per unit sold ) to the underwriters at the closing of the public offering on may 9 , 2019 , with an additional fee ( “ deferred discount ” ) of $ 11,068,750 ( $ 0.35 per unit sold ) payable upon the company 's completion of the business combination . the deferred discount will become payable to the underwriters from the amounts held in the trust account solely in the event the company completes its business combination . see note 5 for further information on underwriting commissions . 5. related party transactions founders shares the founders shares are identical to the public shares except that the founders shares are subject to certain transfer restrictions and automatically convert into shares of class a common stock at the time of the business combination on a one-for-one basis , subject to adjustment pursuant to certain anti-dilution rights . the initial stockholders collectively own 20 % of the company 's issued and story_separator_special_tag recent accounting pronouncements management does not believe that any recently issued , but not yet effective , accounting pronouncements , if currently adopted , would have a material effect on the company 's financial statements . 3. stockholder 's equity in 2015 , jfg sponsor purchased an aggregate of 1,000 shares of the company 's common stock ( 100 % of the issued and outstanding shares ) for $ 1,000 . on february 4 , 2019 , the company amended the total number of authorized shares of all classes of capital stock to 221,000,000 , of which 200,000,000 shares are class a shares at par value $ 0.0001 per share ; 20,000,000 shares are class b shares at par value $ 0.0001 per share ( the “ founders shares ” ) ; and 1,000,000 shares are preferred stock at par value $ 0.0001 per share . simultaneously , the company reclassified all of its issued and outstanding shares of common stock to founders shares and conducted a 1:2,775 stock split . also , on february 14 , 2019 , the company issued 2,975,000 additional founders shares to fei for $ 10,000 . on march 13 , 2019 , the company conducted a 1:1.25 stock split and on may 6 , 2019 a 1:1.10 stock split of the founders shares . the financial statements reflect the changes from these splits retroactively for all periods presented . following these transactions , the sponsors owned 7,906,250 issued and outstanding founders shares and the company had $ 11,000 of invested capital , or approximately $ 0.001 per share . redeemable shares all of the 31,625,000 public shares sold as part of the public offering contain a redemption feature as defined in the public offering . in accordance with fasb asc 480 , redemption provisions not solely within the control of the company require the security to be classified outside of permanent equity . the company 's amended and restated certificate of incorporation provides a minimum net tangible asset threshold of $ 5,000,001 . the company recognizes changes in redemption value immediately as they occur and will adjust the carrying value of the security to equal the redemption value at the end of each reporting period . increases or decreases in the carrying amount of redemption shares will be affected by charges against additional paid-in capital . 59 landcadia holdings ii , inc. notes to financial statements at december 31 , 2019 , there were 31,625,000 public shares , of which 30,181,451 were classified as redeemable shares , classified outside of permanent equity , and 1,443,549 classified as class a common stock . for further information on the founders shares , see note 5 . 4. public offering public units in the public offering , which closed may 9 , 2019 , the company sold 31,625,000 units at a price of $ 10.00 per unit . each unit consists of one share of the company 's class a common stock , $ 0.0001 par value and one-third of one redeemable warrant ( each a “ public warrant ” ) . under the terms of the warrant agreement , the company has agreed to use its best efforts to file a new registration statement to register the shares of common stock underlying the warrants under the securities act following the completion of the business combination . each warrant entitles the holder to purchase one share of class a common stock at a price of $ 11.50 per share . each public warrant will become exercisable on the later of 30 days after the completion of the business combination or 12 months from the closing of the public offering . however , if the company does not complete the business combination on or prior to may 9 , 2021 , the warrants will expire at the end of such period . if the company is unable to deliver registered shares of class a common stock to the holder upon exercise of public warrants issued in connection with the units during the exercise period , there will be no net cash settlement of these public warrants and the public warrants will expire worthless , unless they may be exercised on a cashless basis in the circumstances described in the warrant agreement . once the public warrants become exercisable , the company may call the warrants for redemption : ( i ) in whole and not in part ; ( ii ) at a price of $ 0.01 per warrant ; ( iii ) upon not less than 30 days ' prior written notice of redemption to each warrant holder ; and ( iv ) if , and only if , the reported closing price of the class a common stock equals or exceeds $ 18.00 value per share for any 20 trading days within a 30-trading day period ending three business days before the company sends the notice of redemption to the warrant holders . underwriting commissions the company paid an underwriting discount of $ 6,325,000 ( $ 0.20 per unit sold ) to the underwriters at the closing of the public offering on may 9 , 2019 , with an additional fee ( “ deferred discount ” ) of $ 11,068,750 ( $ 0.35 per unit sold ) payable upon the company 's completion of the business combination . the deferred discount will become payable to the underwriters from the amounts held in the trust account solely in the event the company completes its business combination . see note 5 for further information on underwriting commissions . 5. related party transactions founders shares the founders shares are identical to the public shares except that the founders shares are subject to certain transfer restrictions and automatically convert into shares of class a common stock at the time of the business combination on a one-for-one basis , subject to adjustment pursuant to certain anti-dilution rights . the initial stockholders collectively own 20 % of the company 's issued and

