Reside Oak Acquisition Corp. Reminds Stockholders to Vote in Favor of Enterprise Blend with Danimer Scientific

Good FALLS, Va.–(Small business WIRE)–Stay Oak Acquisition Corp. (NYSE: LOAK) (“Reside Oak” or the “Enterprise”), a publicly-traded special reason acquisition corporation, reminds its stockholders to vote in favor of the acceptance of the Company’s proposed business blend with Meredian Holdings Group, Inc., performing small business as Danimer Scientific (“Danimer”), a functionality polymer corporation specializing in bioplastic replacements for conventional petrochemical-based mostly plastics, and the associated proposals to be voted upon at the Company’s virtual particular meeting scheduled to be held on December 28, 2020, as described in the Company’s proxy statement/prospectus dated December 16, 2020 (the “Proxy Statement”).

Every stockholder’s vote is important, irrespective of the amount of shares the stockholder retains. Accordingly, Live Oak requests that each individual stockholder entire, sign, day and return a proxy card, if it has not by now accomplished so, to make certain that the stockholder’s shares will be represented at the digital exclusive meeting. Stockholders which maintain shares in “road title,” meaning that their shares are held of file by a broker, bank or other nominee, must get in touch with their broker, financial institution or nominee to guarantee that their shares are voted.

In connection with the proposed transaction, Reside Oak filed the Proxy Assertion with the Securities and Trade Commission (“SEC”) on December 16, 2020, and the Proxy Statement with each other with a notice and access instruction form or a proxy card were being mailed shortly thereafter to Dwell Oak stockholders of record as of the shut of company on December 7, 2020. Equally kinds comprise instructions on how to show up at the digital exclusive assembly like the URL tackle (https://www.cstproxy.com/liveoakacq/sm2020), along with a 12-digit regulate selection for obtain.

All stockholders of file of Are living Oak frequent stock as of the shut of small business on December 7, 2020 are entitled to vote their shares both in human being or by proxy at the virtual particular meeting. If any Dwell Oak stockholder has not gained the Proxy Statement, such stockholder ought to affirm the proxy’s status with their broker, or get hold of Morrow Sodali LLC, Reside Oak’s proxy solicitor, for support, toll-absolutely free at (800) 662-5200 (banking institutions and brokers can get in touch with accumulate at (203) 658-9400).

The Dwell Oak virtual specific meeting of stockholders is scheduled to consider area on December 28, 2020 at 10:00 a.m. Eastern time, exclusively by means of a are living webcast at https://www.cstproxy.com/liveoakacq/sm2020.

Critical Facts and Where to Uncover It

In relationship with the proposed small business mix in between Danimer and Stay Oak and relevant transactions (the “Proposed Transactions”), Dwell Oak has filed a registration statement on Form S-4 (the “Registration Statement”) with the SEC, which features a proxy statement distributed to holders of Dwell Oak’s frequent inventory in relationship with Are living Oak’s solicitation of proxies for the vote by Are living Oak’s stockholders with respect to the Proposed Transactions and other matters as explained in the Registration Assertion and a prospectus relating to the present of the securities to be issued to Danimer’s stockholders in link with the Proposed Transactions. Buyers and safety holders and other interested parties are urged to read through the Proxy Assertion, and any amendments thereto and any other files filed with the SEC very carefully and in their entirety due to the fact they have essential data about Are living Oak, Danimer and the Proposed Transactions. Buyers and stability holders may well receive free copies of the Proxy Assertion and other files filed with the SEC by Reside Oak through the site preserved by the SEC at http://www.sec.gov, or by directing a request to: Stay Oak Acquisition Corp., 774A Walker Rd., Terrific Falls, VA 22066.

Contributors in the Solicitation

Are living Oak and Danimer and their respective administrators and selected of their respective government officers and other users of management and personnel may possibly be considered individuals in the solicitation of proxies with regard to the Proposed Transactions. Information and facts about the directors and govt officers of Reside Oak and Danimer is established forth in the Registration Statement. Stockholders, opportunity buyers and other fascinated individuals should really read through the Registration Assertion diligently in advance of producing any voting or expenditure choices. These files can be acquired cost-free of demand from the sources indicated earlier mentioned.

No Offer or Solicitation

This push release shall not constitute an provide to provide or the solicitation of an supply to invest in any securities, nor shall there be any sale of securities in any jurisdiction in which these types of supply, solicitation or sale would be illegal prior to registration or qualification under the securities legal guidelines of any these jurisdiction. No offering of securities shall be produced except by suggests of a prospectus assembly the prerequisites of Area 10 of the Securities Act of 1933, as amended.

About Are living Oak

Stay Oak was formed for the function of effecting a merger, cash inventory exchange, asset acquisition, stock buy, reorganization or other identical business enterprise blend with a single or extra firms. Are living Oak is sponsored by Are living Oak Sponsor Associates, LLC, a Delaware limited liability firm.

About Danimer

Danimer is a performance polymer enterprise specializing in bioplastic replacements for common petrochemical-based plastics. Danimer, by its principal working subsidiaries, Meredian, Inc., Danimer Scientific, L.L.C. and Danimer Scientific Kentucky, Inc., brings with each other revolutionary technologies to produce renewable, environmentally helpful bioplastic materials to global customer products corporations. Danimer has main competencies in fermentation procedure engineering, chemical engineering and polymer science. In addition, Danimer has made an considerable mental house portfolio to protect its innovations which, collectively with its technological know-how, serves as a important basis for its organization and potential marketplace collaborations.