Welcome to our dedicated page for Live Oak Acquisition V SEC filings (Ticker: LOKV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Live Oak Acquisition Corp. V filings document a Cayman Islands blank-check issuer with Nasdaq-listed units, Class A ordinary shares, and warrants. Its Forms 8-K and 8-K/A report material events, material agreements, Regulation FD communications, shareholder voting matters, governance changes, risk factors, and capital-structure disclosures tied to its SPAC structure.
The registered securities include units composed of one Class A ordinary share and one-half of one redeemable warrant, with whole warrants exercisable for Class A ordinary shares. The filing record also identifies the company as an emerging growth company and includes security-structure disclosures relevant to redemption mechanics and shareholder approvals.
Live Oak Acquisition Corp. V disclosed a Forward Purchase Agreement with a fund sub-advised by JBA Asset Management LLC to support its proposed business combination with Teamshares Inc. The agreement contemplates up to 4,000,000 Public Shares as "Subject Shares" and a Prepayment funded from Live Oak's trust account.
The agreement sets an Initial Price (determined five exchange business days before closing) that can be adjusted downward to a Reset Price, permits investor-initiated terminations subject to notice rules, and lasts until a maturity date occurring 24 months after the business combination closing. The approximate per-share redemption price from the trust as of May 29, 2026, was $10.54.
Live Oak Acquisition Corp. V entered into a Forward Purchase Agreement tied to its proposed business combination with Teamshares. The agreement allows an FPA investor to designate up to 4,000,000 public shares as "Subject Shares" for an over-the-counter prepaid share forward structure.
At closing of the merger, Live Oak will pay a Prepayment Amount from its trust account based on the Subject Shares multiplied by an Initial Price set five trading days before closing. The agreement runs for 24 months after closing and permits partial early terminations, with repayments based on a downward-only Reset Price.
The investor waives redemption rights on the Subject Shares, which may lower total redemptions in the de‑SPAC process. The filing discloses an approximate $10.54 per‑share redemption price if the trust were liquidated as of May 29, 2026, and notes that the structure is intended to comply with tender offer rules.
Live Oak Acquisition Corp. V entered into a Forward Purchase Agreement with HB Strategies LLC to implement an OTC prepaid share forward transaction that can cover up to 4,000,000 Public Shares in connection with the proposed business combination with Teamshares Inc.
The agreement contemplates a Prepayment Amount paid from the Trust Account based on an Initial Price (subject to downward adjustments to a Reset Price), includes a 24-month term from the BC Closing, and discloses an approximate per-share redemption price of $10.54 as of May 29, 2026.
Live Oak Acquisition Corp. V entered into a Forward Purchase Agreement with HB Strategies LLC to support its proposed business combination with Teamshares Inc. The deal covers up to 4,000,000 public shares through an OTC prepaid share forward structure tied to the closing of the merger.
At business combination closing, Live Oak will pay a Prepayment Amount from its trust account, based on the number of subject shares and an Initial Price set five trading days before closing, with downward-only reset features during a 24‑month term. The FPA investor waives redemption rights on these shares, aiming to reduce redemptions, and the approximate trust redemption price per share as of May 29, 2026, was $10.54.
Live Oak Acquisition Corp. V announced that its Registration Statement on Form S-4 related to the proposed business combination with Teamshares Inc. has been declared effective and that an extraordinary general meeting of Live Oak shareholders of record as of May 7, 2026 will be held on June 16, 2026 at 9:00 a.m. Eastern Time in a virtual format.
The meeting will consider proposals to approve the Business Combination; voting instructions and full disclosures are available in the definitive Proxy Statement and the effective Registration Statement filed with the SEC. A press release is attached as Exhibit 99.1.
Live Oak Acquisition Corp. V outlined next steps toward its merger with Teamshares Inc. after their joint Registration Statement on Form S-4 was declared effective by the SEC on May 27, 2026. An extraordinary general meeting of Live Oak shareholders will be held virtually on June 16, 2026 for holders of record as of May 7, 2026 to vote on proposals related to the business combination.
The parties expect the transaction to close in mid-June 2026, subject to customary conditions and shareholder approvals. Upon completion, the combined company will be named Teamshares Inc., with securities expected to trade on Nasdaq under the tickers “TMS” and “TMSW.” Proceeds from a prior PIPE investment satisfy the minimum cash condition in the Merger Agreement. Teamshares, founded in 2019, is a tech-enabled acquiror of SMEs with subsidiaries generating consolidated revenue of $490 million, acquiring businesses with $0.5 to $5 million of EBITDA.
Live Oak Acquisition Corp. V is asking shareholders to approve a proposed business combination to domesticate into Delaware and merge with Teamshares Inc., with a related prospectus for up to 99,100,000 shares and up to 16,000,000 warrants. The Merger Agreement contemplates Merger Consideration of $525.0 million (adjusted for certain interim financings) with a notional per-share reference value of $10.00. The transaction includes an Initial PIPE Investment of 13,750,000 shares for aggregate proceeds of approximately $126.5 million, an earnout pool of up to 6,000,000 Earnout Shares, and Deferred Founder Shares of 1,150,000 subject to vesting conditions. The Live Oak Board unanimously recommends a vote "FOR" the proposals; redemption procedures, sponsor lock-up terms, dilution risks and related conflicts of interest are disclosed in the proxy/prospectus.
Live Oak Acquisition Corp. V is asking shareholders to approve a business combination with Teamshares Inc. at a virtual extraordinary general meeting on June 16, 2026. The proxy statement/prospectus registers up to 99,100,000 shares of common stock and up to 16,000,000 warrants for the Combined Company and contemplates Domestication to Delaware and two-step mergers (First and Second Merger).
The Merger Agreement sets a baseline Merger Consideration of $525.0 million (plus any Interim Period Financing converted into Teamshares equity) with an expected per-share reference value of $10.00. An Initial PIPE Investment of 13,750,000 shares at $9.20 per share (approximately $126.5 million) is to close substantially concurrently with the deal. The agreement includes contingent Earnout Shares up to 6,000,000, Deferred Founder Shares 1,150,000 and other founder/incentive vesting arrangements. Live Oak intends to list Combined Company equity and warrants under proposed symbols TMS and TMSW. Record date for the meeting is May 7, 2026.
Live Oak Acquisition Corp. V proposes to combine with Teamshares Inc. by way of a domestication and two-step merger, with the combined entity to be named Teamshares Inc. upon closing. The Merger Consideration framework includes $525.0 million as a baseline value (plus any Interim Period Financing Transactions) with an implied per-share reference value of $10.00 used to calculate the Per Share Price.
The transaction contemplates issuance of Initial PIPE Shares of 13,750,000 shares for approximately $126.5 million at a $9.20 purchase price, an earnout pool of up to 6,000,000 Combined Company shares tied to post-closing VWAP targets ($12.00/$15.00/$20.00 tiers), and founder/shareholder vesting mechanics including 1,150,000 Deferred Founder Shares and up to 1,150,000 Incentive Founder Shares. Pro forma ownership assumptions show approximately 25% Public Shareholders, 4% Sponsor, 15% Initial PIPE Investors, and 55% former Teamshares stockholders immediately after Closing under stated assumptions.
Live Oak Acquisition Corp. V seeks shareholder approval to consummate a business combination with Teamshares Inc. under an amended Form S-4 prospectus and proxy dated May 18, 2026. The transaction contemplates a domestication to Delaware, two-step mergers, and issuance of Combined Company common stock as merger consideration.
The Merger Agreement sets a baseline Merger Consideration of $525.0 million (plus any Interim Period Financing Transactions converted into Teamshares shares) with an illustrative per-share reference value of $10.00. The deal contemplates issuance of up to 6,000,000 Earnout Shares contingent on post-closing price targets and includes an Initial PIPE of 13,750,000 Live Oak Class A shares for aggregate proceeds of approximately $126.5 million (purchase price $9.20 per share). Post-closing ownership illustrations and trust-account cash (~$241.1 million as of March 31, 2026) are presented in the proxy.