Live Oak II (LOKB) Secures Additional PIPE & Backstop

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Live Oak II (LOKB) Secures Additional PIPE & Backstop

Ahead of their October 12th shareholder vote to combine with Navitas Semiconductor, Live Oak II (NYSE: LOKB) announced this morning that they have secured an additional $18 million in PIPE financing along with a backstop via a Forward Purchase Agreement (FPA). The additional subscription agreement involves two additional subscribers for 1,800,000 shares of LOKB Class
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