Live Oak Crestview Climate Acquisition Corp.
LOCC-UN
New York Stock Exchange10.39
USD
-0.12
- -
CIK
0001848323
Return %
Stock
S&P500
1Y
4.74
18.21
3Y
5.59
64.38
5Y
5.59
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Richard J. Hendrix
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 40 South Main Street Memphis TN United States of America 38103
- IPO Date
- Sep 23, 2021
- CIK
- 0001848323
- Website
- liveoakacq.com
- Similar Companies
- Business
- Live Oak Crestview Climate Acquisition Corp. (NYSE: LOCC-UN) is a blank check company sponsored by Live Oak Merchant Partners in partnership with Crestview Partners that seeks to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses focused on environmental sustainability and climate sectors; its target industries include infrastructure resilience and energy efficiency such as environmentally focused engineering, procurement, and construction companies and infrastructure data analytics providers, agriculture and environmental solutions, the circular economy, transitions away from fossil fuels, food chain continuity, recycling, alternative sourcing, greenhouse gas mitigation, and plastic waste reduction. The company offers no current products or services beyond its SPAC structure, generating no revenues and maintaining operations solely to identify and complete a de-SPAC transaction with private companies in these sectors, primarily targeting enterprise values suitable for its $200 million IPO proceeds raised in September 2021. Founded in 2021 and headquartered in Memphis, Tennessee, it operates without subsidiaries or ongoing geographic-specific activities pending a business combination. In December 2023, Live Oak Crestview Climate Acquisition Corp. returned all capital to shareholders and commenced liquidation after failing to identify and close a transaction with a suitable merger partner within its targeted timeframe, following a November 2023 NYSE notice of non-compliance due to a delayed Quarterly Report on Form 10-Q for the period ending September 30, 2023, which led to delisting of its securities effective November 30, 2023.