Live Oak Mobility Acquisition Corp. is a Delaware-incorporated special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating businesses in the mobility, transportation, and adjacent technology sectors. The company’s shares trade on the OTC Markets under the ticker LOKMU, reflecting its status as a publicly quoted blank‐check vehicle.
Established in 2021 and sponsored by Live Oak Sponsor Group LLC—an affiliate of Live Oak Bank—the SPAC is focused on targeting high-growth companies that develop or deploy innovative solutions across areas such as electric vehicles, autonomous systems, supply-chain logistics technologies, and mobility-as-a-service platforms. Through its IPO, Live Oak Mobility Acquisition Corp. raised capital from institutional and retail investors to fund a future merger or acquisition that aligns with its mandate in the evolving mobility landscape.
While Live Oak Mobility Acquisition Corp. has not yet announced a definitive business combination, it leverages the sponsor’s network and industry expertise to source potential partners in North America and internationally. The company’s board and management team comprise professionals with backgrounds in finance, private equity, and transportation, providing strategic guidance in evaluating target opportunities and executing deal structuring.
By operating as a SPAC, Live Oak Mobility Acquisition Corp. offers investors an opportunity to gain exposure to the rapidly changing mobility sector prior to the identification of a specific operating entity. The company maintains its corporate headquarters in Wilmington, Delaware, and continues to pursue its objective of combining with a business that can benefit from public-market access and the sponsor’s operational support.
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