LOAK SEC filings, in plain English
Everything Live Oak Acquisition Corp has filed with the SEC that we hold — 40 filings, newest first, 1 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2024-08-08going concern APPEARED
going-concern doubt1 moved
- Going-concern doubt
- not statedstated
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“history of negative cash flows and our current lack of financial resources, substantial doubt exists regarding our ability to continue as a going concern for a period of one year after the date of filing of this Quarterly Report on”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Danimer Scientific, Inc., the successor to Live Oak Acquisition Corp, called a special meeting for October 23, 2024 at 11:00 a.m. Eastern Time in virtual-only format, record date September 20, 2024, at which 120,771,640 shares of common stock were outstanding. The sole substantive item is a reverse stock split effected by amending and restating the certificate of incorporation. The company explains that the NYSE requires the average per share closing price not fall below $1.00 over any consecutive 30 trading-day period, and that it was notified of non-compliance with that standard. Why it matters: A single-purpose special meeting for a reverse split against 120.8 million shares outstanding means the stock trades far below $1.00 and the NYSE listing is the immediate issue. Danimer would file for bankruptcy within months, so this split was a cosmetic response to a solvency problem rather than a listing problem. The Live Oak trust was released at the de-SPAC, leaving holders with no floor as that outcome unfolded.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.