# Danimer Scientific to merge with Live Oak Acquisition Corp. to go public

Danimer Scientific, a bioplastics company, entered a definitive merger agreement with Live Oak Acquisition Corp. to become a public company. Institutional investors committed $210 million at closing.

- Type: Acquisition
- Announced: 2020-10-05
- Where: United States
- Value: $210.0M
- Status: announced
- Products: biodegradable bioplastics, PHA polymer
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Danimer Scientific](https://endata.com/companies/3934.md) (target)
- [Live Oak Acquisition Corp.](https://endata.com/companies/50352.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1779020/000101376220000051/ea127764ex99-1_liveoak.htm), 2020-10-05: "Danimer Scientific is a pioneer in creating environmentally responsible and natural alternative solutions to traditional petroleum-based resins."
- [plasticstoday.com](https://www.plasticstoday.com/business/pha-bioplastics-manufacturer-danimer-scientific-going-public), 2020-10-05: "Danimer Scientific is a pioneer in creating natural-alternative solutions to traditional petroleum-based resins."
- [law360.com](https://www.law360.com/articles/1316719/kane-kessler-mayer-brown-guide-890m-bioplastics-merger), 2020-10-06: "bioplastics manufacturer Danimer said Monday it's merging with Mayer Brown LLP-led blank-check company Live Oak in a deal that values the combined company at $890 million."
- [liveoakacq.com](https://www.liveoakacq.com/blog/danimer-scientific-a-next-generation-bioplastics-company-to-become-a-public-company-through-merger-with-live-oak-acquisition-corporation), 2020-11-18: "Danimer Scientific has entered into a definitive merger agreement with Live Oak Acquisition Corp."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.