Live Oak Acquisition Corp. VI (NASDAQ:LOVI) filed a Form 10-Q for the quarterly period ended September 30, 2026, its first quarterly report since the company's initial public offering closed on September 24, 2026, with the filing submitted on November 13, 2026.

Key Highlights

  • IPO completed September 24, 2026: According to the filing, the company consummated its Initial Public Offering on September 24, 2026.
  • Shares outstanding: As of November 13, 2026, the company reported 23,000,000 Class A Ordinary Shares and 5,750,000 Class B Ordinary Shares issued and outstanding.
  • Over-Allotment Option fully exercised: The filing states the underwriters' 45-day option to purchase up to an additional 3,000,000 units was fully exercised.
  • Deferred underwriter fee: The filing discloses an additional aggregate fee of up to $6,900,000, equal to 3.0% of gross IPO proceeds, payable only upon completion of an initial Business Combination.
  • Combination Period deadline: The filing states the company has until June 24, 2028 (or September 24, 2028 if a definitive agreement is executed by that date) to consummate an initial Business Combination.
  • Shell company status: The registrant indicated it is a shell company as defined under Rule 12b-2 of the Exchange Act.
  • Emerging growth company: The filing identifies the registrant as a non-accelerated filer, smaller reporting company, and emerging growth company incorporated in the Cayman Islands.

Live Oak Acquisition Corp. VI Reports SPAC Formation and IPO Details for Q3 2026

Live Oak Acquisition Corp. VI, a blank-check company incorporated as a Cayman Islands exempted company and headquartered in Memphis, Tennessee, filed its first quarterly report covering the period from inception on January 27, 2026, through September 30, 2026. The filing covers three securities listed on NASDAQ:LOVI: units (LOVIU), Class A Ordinary Shares (LOVI), and Warrants (LOVIW), with each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share, according to the filing.

The company disclosed that its IPO Registration Statement was initially filed with the SEC on August 24, 2026, and declared effective on September 22, 2026 (File No. 333-298533). The IPO closed on September 24, 2026. The filing also notes that an unsecured promissory note in the principal amount of up to $300,000 was issued to the Sponsor on January 27, 2026, referred to as the IPO Promissory Note. An Administrative Services Agreement and a Private Placement Warrants Purchase Agreement, both dated September 22, 2026, were entered into with affiliates of the Sponsor in connection with the offering.

The filing states the company has not yet completed an initial Business Combination. The Deferred Fee of up to $6,900,000 is described as payable only upon completion of such a combination and "shall not be paid from the accrued interest in the Trust Account." The filing further notes that income earned on the Trust Account may be released to the company to pay taxes. The registrant confirmed it has been subject to Exchange Act reporting requirements for fewer than 90 days, checking "No" to the question of whether it has filed all required reports for the preceding 12 months.

What Was Disclosed

Live Oak Acquisition Corp. VI filed its inaugural quarterly report disclosing its September 2026 IPO, share structure, trust account terms, a deferred underwriter fee of up to $6,900,000, and a Business Combination deadline of June 24, 2028, or September 24, 2028 under certain conditions.