Live Oak Acquisition VI, a blank check company formed by Live Oak Merchant Partners, filed on Monday with the SEC to raise up to $200 million in an initial public offering.
The company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock, and one-half of one warrant to purchase a share, exercisable at $11.50.
Live Oak Acquisition VI is led by CEO and Chairman Richard Hendrix, the founder and Managing Partner of merchant banking firm Live Oak. He is joined by CFO and Director Adam Fishman, a Managing Partner at Live Oak. The SPAC intends to target businesses with defensible market positions with an enterprise value between $500 million and $2 billion.
Management's previous SPACs include Live Oak Acquisition, which completed its combination with bioplastics maker Danimer Scientific (OTC: DNMR) in 2020, Live Oak Acquisition II, which completed its combination with semiconductor developer Navitas Semiconductor (NVTS; +22% from $10 offer price) in 2021, and Live Oak Acquisition V, which merged with SME acquirer and operator Teamshares (TMS; -39%) in June 2026.
The Memphis, TN-based company was founded in 2026. It plans to list on the Nasdaq under the symbol LOVIU. Live Oak Acquisition VI filed confidentially on March 16, 2026. Santander is the sole bookrunner on the deal.
