Live Oak Acquisition Corp. VI Completes $230M IPO and $4.6M Private Placement
LOVIU is trading near its 52-week low of $9.99 (0.2% above the low).
Summary
Live Oak Acquisition Corp. VI completed its $230 million IPO and a $4.6 million private placement of warrants to its sponsor, with all IPO proceeds placed in a trust account pending a business combination.
Key Events · Financing and Capital Events · LOVIU
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IPO Completed
Sold 23,000,000 units at $10.00 per unit, including full exercise of the 3,000,000-unit over-allotment option, generating $230,000,000 in gross proceeds.
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Private Placement Warrants
Sold 4,600,000 warrants to sponsor Live Oak Sponsor VI, LLC at $1.00 per warrant, generating $4,600,000 in gross proceeds.
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Trust Account Funded
$230,000,000 placed in a U.S.-based trust account, representing $10.00 per unit, with $4,114,791 in cash held outside the trust for working capital.
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Audited Balance Sheet Filed
Exhibit 99.1 includes the audited balance sheet as of September 24, 2026, reflecting receipt of IPO and private placement proceeds.
Analysis · LOVIU · Real Estate & Construction
A blank check company, Live Oak Acquisition Corp. VI, has completed its initial public offering of 23 million units at $10.00 per unit, raising $230 million in gross proceeds. The underwriters fully exercised their over-allotment option for an additional 3 million units. Simultaneously, the company sold 4.6 million private placement warrants to its sponsor at $1.00 per warrant, adding $4.6 million. The entire $230 million was placed into a trust account, with the company now holding $4.1 million in cash outside the trust for working capital. This is the first public disclosure of the IPO completion, establishing the company's capital base for its search for a business combination target.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 29.6% of the 1609 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, LOVIU was trading at $10.01 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $230.2M. The 52-week trading range was $9.99 to $10.04. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.