Easterly Acquisition Corp. and JH Capital Group Holdings, LLC Are in Discussions to Mutually Terminate the Investment Agreement and Abandon the Proposed Business Combination

NEW YORK--(BUSINESS WIRE)--Easterly Acquisition Corp. (“Easterly”) (NASDAQ:EACQ) and JH Capital Group Holdings, LLC (“JH Capital”) announced that they are in discussions to terminate by mutual agreement the Investment Agreement, dated as of June 28, 2017, by and among JH Capital, Jacobsen Credit Holdings, LLC, NJK Holding LLC, Kravetz Capital Funding LLC, and Easterly. If the Investment Agreement is terminated, the parties will abandon the business combination transaction contemplated by the Investment Agreement.