Item 8.01 Other Events.
On March 1, 2023, Live Oak Mobility Acquisition Corp. (the "Company") issued a
press release announcing its decision to cancel the Special Meeting of
Stockholders originally scheduled for March 2, 2023 and to withdraw from
consideration by the stockholders of the Company the proposals set forth in the
Company's Definitive Proxy Statement on Schedule 14A filed with the Securities
and Exchange Commission ("SEC") on February 10, 2023 as supplemented by the
proxy supplement filed with the SEC on February 22, 2023. The Company also
announced that it expects to redeem all of its outstanding shares of Class A
common stock sold as part of the units in its initial public offering (whether
they were purchased in the initial public offering or thereafter in the open
market) because it will not consummate an initial business combination within
the time period required by its amended and restated certificate of
incorporation.
A copy of the press release is included as Exhibit 99.1 to this Current Report
on Form 8-K (this "Current Report") and is incorporated herein by reference.
Forward Looking Statements
This Current Report may include "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other than
statements of historical fact included in this Current Report are
forward-looking statements. When used in this Current Report, words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar expressions,
as they relate to us or our management team, identify forward-looking
statements. Such forward-looking statements are based on the beliefs of
management, as well as assumptions made by, and information currently available
to, the Company's management. Actual results could differ materially from those
contemplated by the forward-looking statements as a result of certain factors
detailed in the Company's filings with the SEC. All subsequent written or oral
forward-looking statements attributable to us or persons acting on our behalf
are qualified in their entirety by this paragraph. Forward-looking statements
are subject to numerous conditions, many of which are beyond the control of the
Company, including, without limitation, uncertainties relating to our ability to
complete our initial business combination and those set forth in the "Risk
Factors" section in the Definitive Proxy Statement and in Item 1A of our Annual
Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on
March 30, 2022, and our Quarterly Reports on Form 10-Q filed with the SEC on
May 16, 2022, August 11, 2022, and November 9, 2022, and in other reports we
file with the SEC. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release, except as
required by law.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed with this Current Report on Form
8-K:
Exhibit
No. Description of Exhibits
99.1 Press Release, dated March 1, 2023.
104 Cover Page Interactive Data file (embedded within the inline XBRL
document).
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