Ogier’s Cayman Corporate team advises Live Oak Acquisition Corp. VI on its US$230 million IPO

Ogier’s Corporate team in the Cayman Islands has advised Live Oak Acquisition Corp. VI on its US$230 million initial public offering. 

The offering comprised 23,000,000 units at a price of US$10.00 per unit, which includes 3,000,000 units issued pursuant to the full exercise by the underwriter of its over-allotment option. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share at a price of US$11.50 per share, subject to certain adjustments. Only whole warrants are exercisable.  

The units began trading on the Nasdaq Global Market on 23 September 2026 under the ticker symbol "LOVIU”. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “LOVI” and “LOVIW”, respectively. 

The Company is a blank check company established to pursue a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganisation or similar business combination with one or more businesses. It may seek acquisition opportunities in any business or industry. 

The Ogier team was led by Bradley Kruger, lead partner of Ogier's Corporate team in Cayman, with support from senior associate Ali Pasley. 

Ogier is one of the leading Cayman Islands advisers in the SPAC market and regularly supports clients across the full SPAC lifecycle, from IPO through to de-SPAC.

Find out more about Ogier's market-leading SPAC and de-SPAC services.