Live Oak Crestview Climate Acquisition Corp.
LOCC-WT
New York Stock Exchange0.08
USD
-0.01
- -
CIK
0001848323
Return %
Stock
S&P500
1Y
-59.78
26.53
3Y
-59.60
76.60
5Y
-59.60
80.11
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001848323
- Similar Companies
- Business
- Live Oak Crestview Climate Acquisition Corp. Live Oak Crestview Climate Acquisition Corp. (NYSE:LOCC-WT) operates as a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with a primary focus on the climate and sustainability sectors; its intended 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, energy transition away from fossil fuels, food chain continuity, recycling and alternative sourcing, as well as efforts to mitigate greenhouse gases and reduce plastic waste. The company offers no current products or services beyond its SPAC structure, which provides public market access to private companies in these sectors through its Class A ordinary shares, redeemable warrants exercisable at $11.50 per share, and units; it generates no revenues and maintains no employees or ongoing operations. Founded in 2021 and headquartered at 40 S Main Street, Suite 2550, Memphis, Tennessee 38103, the company pursues targets globally without specific geographic limitations, sponsored by Live Oak Merchant Partners in partnership with Crestview Partners, a private equity firm managing approximately $10 billion in aggregate capital commitments with expertise in climate and sustainability. Live Oak Crestview Climate Acquisition Corp. priced its $200 million initial public offering in September 2021, managed by Jefferies and BofA Securities, with shares and warrants listed on the New York Stock Exchange under symbols LOCC and LOCC WS; it commenced separate trading of its Class A common stock and warrants in November 2021. The company returned all capital to shareholders and liquidated in December 2023 after failing to identify and complete a business combination within its targeted timeframe, resulting in the delisting of its securities from the NYSE effective close of business on November 30, 2023, following a notice of non-compliance for delayed Form 10-Q filing; its outstanding warrants, such as LOCC-WT, persist as derivative securities tied to the original structure.