We advised the underwriter on the offering

Davis Polk advised the sole underwriter in connection with the initial public offering of 23 million units of Live Oak Acquisition Corp. VI, for aggregate proceeds of $230 million. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, where each whole warrant entitles the holder to purchase one Class A ordinary share of Live Oak Acquisition Corp. VI. The units are listed on the Nasdaq Global Market under the symbol “LOVIU.”

Live Oak Acquisition Corp. VI, led by Live Oak Merchant Partners and its managing partners Richard Hendrix and Adam Fishman, is a special purpose acquisition company (SPAC) formed for the purpose of effecting a business combination with one or more businesses. This is the sixth SPAC vehicle that the team has sponsored, with prior successful de-SPAC transactions that included Danimer Scientific, Navitas and Teamshares.

The Davis Polk capital markets team included partners Derek Dostal and Pedro J. Bermeo and associates Walker Halstad and Ryan (Yudu) Zang. The tax team included partner Patrick E. Sigmon, counsel Liang Zhang and associates Alanna Phillips and Serena Cheng. Counsel Marcie A. Goldstein and Katia Brener provided FINRA advice. All members of the Davis Polk team are based in the New York office.

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