Live Oak Acquisition Corp. VI (LOVIU) is the issuer named in a Schedule 13G reporting 1,800,000 Class A ordinary shares as beneficially owned, equal to 7.83% of the class. Adage Capital Partners, L.P. directly holds the shares; its investment manager, Adage Capital Management, L.P., and managing members Robert Atchinson and Phillip Gross each report shared voting and dispositive power over them. These repeated reports relate to the same holding; the percentage is based on 23,000,000 Class A ordinary shares outstanding.
Live Oak Acquisition Corp. VI announced that, beginning November 13, 2026, holders of its initial public offering units may elect to separate them into Class A ordinary shares and warrants. Each unit contains one Class A ordinary share and one-half of one redeemable warrant; only whole warrants will trade, and each whole warrant is exercisable for one share at $11.50 per share. The separated shares and warrants are expected to trade on Nasdaq under LOVI and LOVIW, respectively, while unseparated units will continue under LOVIU. Holders must have their brokers contact Continental Stock Transfer & Trust Company, the transfer agent, to separate the units.
Live Oak Acquisition Corp. VI units: Barclays PLC reported beneficial ownership of 1,227,700 units, or 6.13% of the class, as of September 30, 2026. Barclays PLC reported sole voting and dispositive power over 1,227,700 units and identified Barclays Bank PLC as the subsidiary that acquired the securities.
Live Oak Acquisition Corp. VI is the issuer in a Schedule 13G reporting 1,250,000 Class A ordinary shares of beneficial ownership by Sculptor Capital LP and five related reporting persons. Each reports shared voting and shared dispositive power over 1,250,000 shares, with no sole voting or dispositive power. The reported 5.43% is based on 23,000,000 Class A ordinary shares outstanding, as stated in the issuer’s Form 8-K filed September 24, 2026. Sculptor Capital LP and Sculptor Capital II LP serve as investment managers to accounts holding the shares; related general partners and parent entities may also be deemed beneficial owners.
Live Oak Acquisition Corp. VI completed its initial public offering on September 24, 2026, selling 23,000,000 units at $10.00 per unit for $230,000,000 in gross proceeds. Each unit included one Class A ordinary share and one-half of one redeemable warrant; the total included 3,000,000 units from full exercise of the underwriters’ over-allotment option. The company also sold 4,600,000 private placement warrants to sponsor Live Oak Sponsor VI, LLC at $1.00 each, generating $4,600,000 in gross proceeds.
A total of $230,000,000 was placed in a U.S.-based trust account. As of September 24, 2026, the company reported $4,114,791 in cash and had not selected a business-combination target. It has 21 months from the IPO closing to complete a business combination, or 24 months if it executes a definitive agreement within 21 months; public shareholders receive no redemption rights for that extension. Each whole warrant entitles its holder to buy one Class A ordinary share at $11.50 per share, subject to adjustment.
For Live Oak Acquisition Corp. VI, Live Oak Sponsor VI, LLC reported holding 5,750,000 Class B ordinary shares of record as of September 24, 2026. The position was reported as 20.0% of the Class A ordinary shares issued and outstanding, assuming conversion of all 5,750,000 Class B shares. The Class B shares automatically convert into Class A shares at the initial business combination, or earlier at the holder’s option, on a one-for-one basis, subject to adjustment.
Richard Hendrix, the issuer’s Chairman of the Board of Directors and Chief Executive Officer, may be deemed to have beneficial ownership through his role as the sponsor’s managing member and shared voting and dispositive power. He disclaims beneficial ownership except to the extent of his pecuniary interest. The sponsor’s warrants for 4,600,000 Class A shares are excluded; they are not presently exercisable.
Live Oak Acquisition Corp. VI completed its IPO on September 24, 2026: 23,000,000 units at $10.00 per unit generated $230,000,000 in gross proceeds. The underwriters exercised in full their option for 3,000,000 additional units. Each unit contains one Class A ordinary share and one-half of one redeemable warrant. The company also sold its Sponsor 4,600,000 private placement warrants at $1.00 each, for $4,600,000.
Of the IPO and private-placement proceeds, $230,000,000 was placed in a trust account; that amount includes the underwriter’s $6,900,000 deferred discount. Each whole warrant entitles its holder to buy one Class A ordinary share for $11.50. Warrants become exercisable 30 days after the initial business combination and expire five years after it, or earlier upon redemption or liquidation.
Except for interest that may be released for taxes and winding-up or dissolution expenses, trust funds remain until a business combination, qualifying public-share redemptions, or an earlier liquidation date approved by the board. If no combination is completed within 21 months after IPO closing, 100% of public shares are to be redeemed; the period may be 24 months if a definitive agreement is executed within the first 21 months.
Live Oak Acquisition Corp. VI is offering 20,000,000 units at $10.00 each, a $200,000,000 public offering. Each unit contains one Class A ordinary share and one-half of one redeemable warrant; each whole warrant permits purchase of one Class A share at $11.50, subject to adjustment. Warrants become exercisable 30 days after a business combination. The underwriter has a 45-day option to purchase up to 3,000,000 additional units to cover over-allotments. Proceeds before expenses to the company are $194,000,000.
Live Oak has not selected a target. It has 21 months from the offering closing to complete a business combination, or up to 24 months if it executes a definitive agreement within 21 months. Public shareholders may redeem all or part of their shares for a per-share amount based on the trust account, subject to stated terms. The sponsor purchased 5,750,000 Class B ordinary shares for $25,000; up to 750,000 may be surrendered depending on the over-allotment. If additional equity securities are issued beyond offering amounts at a combination, founder-share conversion may be adjusted so shares issuable equal 20% of a specified base, subject to exclusions. The company says founder-share terms may materially dilute public holders.
Live Oak Acquisition Corp. VI reports that ten-percent owner Live Oak Sponsor VI, LLC directly holds 5,750,000 Class B ordinary shares; the ownership entry is dated September 22, 2026. Up to 750,000 shares are subject to forfeiture if the underwriters do not exercise their over-allotment option in full.
The Class B shares automatically convert into Class A ordinary shares at the initial business combination, or earlier at the holder’s option, on a one-for-one basis, subject to certain adjustments. Richard J. Hendrix, also identified as a ten-percent owner and the issuer’s Chairman and Chief Executive Officer, is the Sponsor’s managing member and has voting and investment discretion over its shares. He may be deemed to beneficially own them and disclaims beneficial ownership except to the extent of his pecuniary interest.