Live Oak Mobility Acquisition registered with the SEC today to offer 20 million units at $10 each to raise $200 million in an IPO.
The new SPAC in the filing said it would pursue a business combination within the Mobility and Motion Technology sectors, ranging from emerging to established solution providers that effectuate or support mobility and motion across a wide range of industries, including passenger and commercial transportation, warehouse and logistics, factory automation and other tech-enabled “smart” environments.
Live Oak Mobility is led by Chairman Bob Ferguson, CEO and a founder of the Hawksbill Group, a global diversified business and communications consulting firm based in Washington, D.C.
The SPAC said it will apply for a listing on the NYSE under LOKM.U. Read more.
