Live Oak II Closes Upsized $253M IPO

Live Oak Acquisition II in its latest filing said it closed a $253M IPO after the market close Dec. 7. The amount was $30 million more than the upsized $223 million IPO the SPAC registered last week. Live Oak is focused on “companies with above-average industry growth” and an enterprise value of $500 million to $1.5 billion.

The SPAC’s units trade on the NYSE under “LOKB.U”.  Read more.

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