We expect to focus on identifying potential target companies 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.

Our sponsor is Live Oak Sponsor Partners II, LLC, a Delaware limited liability company; Richard J. Hendrix, our CEO, and Gary K. Wunderlich, Jr., our president, are the managing members of our sponsor.

Our chairman, John P. Amboian, has over 30 years of experience in mergers and acquisitions, capital management, product development, branding and distribution for public and private companies across multiple industries. Mr. Amboian spent over 20 years of his career at Nuveen Investments, Inc., or Nuveen (formerly NYSE: JNC), where he served as chairman and CEO for almost a decade. 

(Note: From the S-1/A filing dated Nov. 18, 2020: Our anchor investor has expressed to us an interest to purchase an aggregate of $15,000,000 of units in this offering.”