Live Oak Mobility Acquisition Corp. Announces Closing of Upsized $253M IPO
Vinson & Elkins advised Live Oak Mobility Acquisition Corp. in connection with the closing of its upsized initial public offering of 25,300,000 units at a price of $10.00 per unit. This includes 3,300,000 units, consisting of 3,300,000 shares of Class A common stock and 660,000 redeemable warrants, that were issued pursuant to the underwriters’ full exercise of their over-allotment option. The IPO closed on March 4, 2021.
The V&E corporate team was led by partners Sarah Morgan and Scott Rubinsky, with assistance from senior associate Zachary Swartz and associates Layton Suchma and Carmen Guidry. Providing tax advice were partners Jason McIntosh, senior associate Brian Russell and associate Lauren Nieman.
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For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
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V&E SEC Update
September 25, 2023