Live Oak Acquisition Corp. VI Announces the Pricing of $200,000,000 Initial Public Offering
Live Oak Acquisition Corp. VI launches a $200 million SPAC IPO with units, shares and warrants set to trade on Nasdaq.
Rhea-AI Summary
Live Oak Acquisition Corp. VI (LOVI) priced a $200,000,000 initial public offering of 20,000,000 units on September 22, 2026.
The units are expected to list on the Nasdaq Global Market under the symbol “LOVIU” and begin trading on September 23, 2026. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant will allow the holder to purchase one Class A ordinary share at $11.50 per share, subject to adjustment, and only whole warrants will be issued and trade separately.
The warrants will become exercisable 30 days after completion of the company’s initial business combination and will expire five years after that business combination, or earlier upon redemption or liquidation. After separation, the Class A ordinary shares and warrants are expected to trade on Nasdaq under the symbols “LOVI” and “LOVIW”, respectively. The offering is expected to close on September 24, 2026, subject to customary conditions, and includes a 45‑day option for the underwriter to purchase up to 3,000,000 additional units.
Positive
- IPO size $200,000,000 initial public offering comprising 20,000,000 units
- Underwriter option 45-day over-allotment option for up to 3,000,000 additional units
- Nasdaq listing Units to trade under LOVIU, shares under LOVI and warrants under LOVIW
Negative
- None.
News Explained
The offering is priced but expected to close on
AI-generated analysis. How Rhea-AI works. Not financial advice.
New York, NY, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Live Oak Acquisition Corp. VI (the “Company”) announced today the pricing of its initial public offering of 20,000,000 units. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and begin trading tomorrow, September 23, 2026 under the ticker symbol “LOVIU.” Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of
The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry. The Company’s management team is led by Richard Hendrix, its Chairman, Chief Executive Officer and the co-founder of Live Oak Merchant Partners (“Live Oak”), and Adam Fishman, its President, Chief Financial Officer, Director and a Managing Partner of Live Oak. The Board also includes Ashton Hudson, Andrea Tarbox and Somsak Chivavibul. Gary Wunderlich, Jr. will serve as a Senior Advisor.
Santander is acting as the sole underwriter for the offering.
The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, Attention: ECM Syndicate, by email at equity-syndicate@santander.us, or by telephone at 833-818-1602. A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on September 22, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all.
Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor Contacts
Live Oak Acquisition Corp. VI
4921 William Arnold Road
Memphis, Tennessee 38117
Attn: Adam Fishman
E-mail: IR@liveoakmp.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does each Live Oak Acquisition Corp. VI unit consist of?
Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Only whole warrants are exercisable, no fractional warrants will be issued upon separation, and only whole warrants will trade.
When do the LOVIU units and the separate LOVI and LOVIW securities begin trading on Nasdaq?
The units are expected to begin trading on the Nasdaq Global Market on September 23, 2026 under the ticker “LOVIU”. Once the components of the units trade separately, the Class A ordinary shares and warrants are expected to be listed under the symbols “LOVI” and “LOVIW”, respectively.
When can the warrants be exercised and when do they expire?
The warrants will become exercisable 30 days after completion of the company’s initial business combination. They will expire five years after the completion of that business combination, or earlier upon redemption or the company’s liquidation.
Who is underwriting the Live Oak Acquisition Corp. VI IPO and what option have they been granted?
Santander is acting as the sole underwriter for the offering. The company has granted the underwriter a 45-day option to purchase up to 3,000,000 additional units at the initial public offering price to cover any over-allotments.
How can investors obtain the prospectus for the Live Oak Acquisition Corp. VI offering?
The offering is being made only by means of a prospectus. Copies, when available, may be obtained from Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, Attention: ECM Syndicate, or by email at equity-syndicate@santander.us, or by telephone at 833-818-1602.