Live Oak Acquisition Corp. VI closed its initial public offering, raising $230,000,000 in gross proceeds. The company sold 23,000,000 units at $10.00 each, including the full exercise of the underwriters' over-allotment option.

The units began trading on the Nasdaq Global Market on September 23, 2026, under the ticker "LOVIU". Each unit comprises one Class A ordinary share and one-half of one redeemable warrant. The warrants become exercisable 30 days after the completion of an initial business combination at a price of $11.50 per share.

Trust account and structure

The company placed $230,000,000 into a trust account. This amount equals $10.00 per unit sold in the offering. The funds were raised through the IPO and a simultaneous private placement of warrants.

Live Oak Acquisition Corp. VI is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, or similar business combination. It may pursue opportunities in any business or industry.

Management and underwriting

The management team is led by Richard Hendrix, Chairman and Chief Executive Officer, and Adam Fishman, President and Chief Financial Officer. Both are co-founders or partners of Live Oak Merchant Partners. The board includes Ashton Hudson, Andrea Tarbox, and Somsak Chivavibul, with Gary Wunderlich Jr. serving as Senior Advisor.

Santander acted as the sole underwriter for the offering. The registration statement was declared effective by the U.S. Securities and Exchange Commission on September 22, 2026.