Leisure Acquisition Corp. (NasdaqCM:LACQ) announced a private placement of unsecured promissory notes for gross proceeds of $1,000,000 on January 15, 2020. The transaction will include participation from Hydra Management, LLC, Matthews Lane Capital Partners LLC and HG Vora Special Opportunities Master Fund, Ltd., a fund managed by HG Vora Capital Management, LLC. The notes do not bear any interest.