Live Oak Acquisition Corp. II Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing January 25,...
January 21 2021 - 8:00AM
Live Oak Acquisition Corp. II (the “Company”) announced today that,
commencing January 25, 2021, holders of the units sold in the
Company’s initial public offering may elect to separately trade
shares of the Company’s Class A common stock (“Class A Common
Stock”) and warrants included in the units. No fractional warrants
will be issued upon separation of the units and only whole warrants
will trade. The shares of Class A common stock and warrants
that are separated will trade on the New York Stock Exchange under
the symbols “LOKB” and “LOKB WS,” respectively. Those units not
separated will continue to trade on the New York Stock Exchange
under the symbol “LOKB.U.” Holders of Units will need to have their
brokers contact Continental Stock Transfer & Trust
Company, the Company’s transfer agent, in order to separate the
Units into shares of Class A Common Stock and Warrants.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, nor
shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About Live Oak Acquisition Corp. II
Live Oak Acquisition Corp. II 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
it believes have significant growth prospects with the potential to
generate attractive returns for its stockholders.
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.
Company Contact: Andrea K. TarboxChief
Financial OfficerLive Oak Acquisition Corp. II(203)
858-0934atarbox@liveoakacq.com
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