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Live Oak Crestview Climate Acquisition Priced, NYSE: LOCC.U

Blank check company formed by Live Oak Merchant Partners and Crestview (liquidated).

Industry: SPAC

Latest Trade: $10.39 0.00 (0.0%)

First Day Return: -1.6%

Return from IPO: +3.9%

Industry: SPAC

We are a blank check company. Our management team and board bring together the investment and sector expertise of Live Oak Merchant Partners (also referred to as “LOMP”) with the financial acumen and deal flow of Crestview. The relationship between Crestview and LOMP CEO, Richard Hendrix, spans more than a decade and Mr. Hendrix currently serves as an operating executive to Crestview and as chairman of one of its portfolio companies. We may pursue an acquisition opportunity that falls outside the investment objectives of Crestview’s funds in any business industry, sector or location. We intend to capitalize on the ability of Live Oak Merchant Partners, Crestview and our management team to identify, acquire and operate a business in the climate value chain that we believe will provide an opportunity for attractive risk-adjusted returns, with a particular focus on opportunities aligned with energy transition and sustainability themes. We will seek to capitalize on Live Oak Merchant Partners’ and Crestview’s Climate and Sustainability domain expertise, as well as their industry relationships, to source and complete an initial business combination.
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IPO Data
IPO File Date 03/04/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/22/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Jefferies
BofA Securities
Company Data
Headquarters Memphis, TN, United States
Founded 2021
Employees 3
Website www.liveoakmp.com

Live Oak Crestview Climate Acquisition (LOCC.U) Performance