MEMPHIS,
Tenn., Nov. 28, 2023 /PRNewswire/ -- Live
Oak Crestview Climate Acquisition Corp. (NYSE: LOCC) (the
"Company") today announced that it received a notice from the New
York Stock Exchange (the "NYSE") indicating that the Company is not
in compliance with Section 802.01E of the NYSE Listed Company
Manual as a result of its failure to timely file its Quarterly
Report on Form 10-Q for the quarter ended September 30, 2023 (the "Form 10-Q") with the
Securities and Exchange Commission (the "SEC").
As the Company reported in its Form 8-K filed with the SEC on
November 15, 2023, the Company will
redeem all of the its outstanding shares of Class A common stock
sold as part of the units in the Company's initial public offering
(whether they were purchased in the initial public offering or
thereafter in the open market), effective as of the close of
business on November 30, 2023 (the
"Liquidation").
The notice has no immediate effect on the listing of the
Company's securities on the NYSE. However, the Company's securities
will not continue to be listed on the NYSE subsequent to the
Liquidation.
About Live Oak Crestview Climate Acquisition
Corp.
Live Oak Crestview Climate Acquisition Corp. is a blank check
company formed for the purpose of effecting a merger, capital stock
exchange, asset acquisition, stock purchase, reorganization or
similar business combination with one or more businesses. While the
Company may pursue an initial business combination target in any
business or industry, it 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.
Forward-Looking Statements
This press release may include, and oral statements made from
time to time by representatives of the Company may include,
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other
than statements of historical fact included in this press release
are forward-looking statements. When used in this press release,
words such as "anticipate," "believe," "continue," "could,"
"estimate," "expect," "intend," "may," "might," "plan," "possible,"
"potential," "predict," "project," "should," "would" and similar
expressions, as they relate to the Company or its management team,
identify forward-looking statements. Such forward-looking
statements are based on the beliefs of management, as well as
assumptions made by, and information currently available to, the
Company's management. Actual results could differ materially from
those contemplated by the forward-looking statements as a result of
certain factors detailed in the Company's filings with the
Securities and Exchange Commission ("SEC"). All subsequent written
or oral forward-looking statements attributable to the Company or
persons acting on its behalf are qualified in their entirety by
this paragraph. Forward-looking statements are subject to numerous
conditions, many of which are beyond the control of the Company,
including those set forth in the Risk Factors section of the
Company's registration statement for the Company's initial public
offering filed with the SEC. The Company undertakes no obligation
to update these statements for revisions or changes after the date
of this release, except as required by law.
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SOURCE Live Oak Crestview Climate Acquisition Corp
