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Danimer Scientific (Live Oak Acquisition) Priced, NYSE: DNMR

Blank check company formed by merchant bank Live Oak and led by the former CEOs of FBR and Nuveen (completed 12/29/2020).

Industry: SPAC

First Day Return: -1.2%

Industry: SPAC

We are a blank check company incorporated as a Delaware. We believe that there are many target companies that could become attractive public companies, which is why we will seek a target in any industry or geographic region. We expect to focus on identifying potential target companies in the financial services, industrial, business services, and real estate sectors with above-industry-average growth, substantial free cash flow generation, and a defensible market position with an enterprise value of $500 million to $1.5 billion where our management team’s operational, strategic or managerial expertise can assist in maximizing value. We are led by an experienced team of managers, operators and investors who have played important roles in helping build and grow profitable public and private businesses, both organically and through acquisitions, to create value for stockholders. Our team has experience operating and investing in a wide range of industries, bringing us a diversity of experiences as well as valuable expertise and perspective.
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IPO Data
IPO File Date 03/02/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/05/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $200
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Great Falls, VA, United States
Founded 2019
Employees at IPO 4
Website www.liveoakmerchant.com

Danimer Scientific (Live Oak Acquisition) (DNMR) Performance