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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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