SPAC · Merger completed
Live Oak Acquisition Corp
Business combination with Danimer Scientific
Live Oak Acquisition Corp is a blank-check company (SPAC) that raised $200M in its initial public offering on May 6, 2020, listing on New York Stock Exchange. It completed its business combination with Danimer Scientific on Dec 29, 2020; the combined company is Danimer Scientific, Inc. (DNMR). Arcade Partners led the IPO, with WestRock Company and Director of Arcade Acquisition. Ellenoff Grossman & Schole advised the SPAC and Winston & Strawn advised the underwriters on the IPO.
Danimer Scientific makes biopolymers sold under the Nodax brand that are used to produce biodegradable and compostable plastic products. Its renewable biopolymers have been used for over a decade, and it holds more than 150 patents in nearly 20 countries.
- Status
- Merger completed
- IPO date
- May 6, 2020
- IPO size
- $200M
- IPO exchange
- New York Stock Exchange
- Target
- Danimer Scientific (Legacy Danimer)
- Announced
- Oct 5, 2020
- Closed
- Dec 29, 2020
- Combined company
- Danimer Scientific, Inc. (DNMR)
- IPO underwriters
- Arcade Partners, WestRock Company, Director of Arcade Acquisition, Founder of Meridian Capital Partners and Morgan Stanley
- SPAC counsel (IPO)
- Ellenoff Grossman & Schole
- Underwriters' counsel (IPO)
- Winston & Strawn
More on this SPAC for subscribers
- Trust balance and value per share
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) May 6, 2020
- Deal announcement (8-K) Oct 5, 2020
- Press release
- All filings on EDGAR CIK 1779020
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