Live Oak Crestview Climate Acquisition Chops 20% off Deal Size Ahead of $200M IPO

Live Oak Acquisition

Live Oak Crestview Climate Acquisition in an amended S-1 filing said it now plans to offer 20 million units at $10 each, down from the 25 million units initially registered with the SEC in March.

The new SPAC is affiliated with Crestview Advisers and intends to pursue acquisitions that align with the investment objectives of Crestview’s funds. That would include industrials, energy, financial services and media sectors. 

Live Oak is led by Chairman John Amboian, whose previous blank-check company Live Oak Acquisition closed a merger last year with Danimer Scientific.

The SPAC plans to list on the NYSE under LOCC.U. Read more.

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