Latest Non-Redemption Agreements: Live Oak Crestview Climate Acquisition Corp.
Live Oak Crestview Climate Acquisition Corp. (LOCC) Adds Non-Redemption Agreement
Live Oak Crestview Acquisition Corp. (NASDAQ:LOCC) came to a non-redemption agreement with an investor that will cover the lesser of 231,023 or 9.9% of its total outstanding Class A shares.
These shares will not be redeemed at the SPAC’s upcoming vote to extend its transaction deadline from September 27 to January 12, 2024. In return, the investor will also receive 21,000 newly issued Live Oak Crestview shares and the SPAC’s sponsor has agreed to forfeit an equal number of promote shares.
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Terms Tracker for the Week Ending November 24, 2023 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This being the Thanksgiving holiday week, we are thankful for a lot of things, but mostly that 2023 is almost over. It’s been a rough...
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