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Live Oak Acquisition Corp. (LOAK) to Combine with Danimer Scientific in $525M Deal

Live Oak Acquisition Corp. (LOAK) to Combine with Danimer Scientific in $525M Deal

Oct 5, 2020 INTEL by Matt Cianci

Live Oak Acquisition Corp. (NYSE: LOAK) Issued a press release this morning that it had entered into a definitive business combination agreement with bioplastics company Danimer Scientific in a deal that would give it at an implied pro forma enterprise value of $525 million. Georgia-based Danimer is a pioneer in creating environmentally responsible and natural
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