Live Oak Crestview Climate Acquisition Corp. (LOCC.U) Prices $200M IPO


Live Oak Crestview Climate Acquisition Corp. (LOCC.U) Prices $200M IPO

Sep 22, 2021 IPOs by Marlena Haddad

Live Oak Crestview Climate Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “LOCC.U” Thursday, September 23.

The Company intends to focus its search on companies in the climate and sustainability spaces which facilitate the Circular Economy, progress via the energy transition away from fossil fuels, enhance food chain continuity, recycling and alternative sourcing, as well as mitigate greenhouse gases and reduce plastic waste in the environment. Live Oak Crestview Climate is led by Chief Executive Officer, Richard J. Hendrix, Chief Financial Officer, President and Secretary Gary K. Wunderlich, Jr., Chief Operating Officer, Adam J. Fishman, Board member, Adam Klein and Chairman of the Board, John P. Amboian.

Total SPAC deal count for 2021 year-to-date is now 439. This offering is expected to close on Monday, September 27.

Jefferies and BofA Securities are serving as the joint book-running managers for the offering. Vinson & Elkins L.L.P. is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.