Filed by Live Oak Acquisition Corp. V
pursuant to Rule 425 under the Securities Act
of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Live Oak Acquisition Corp.
V
Commission File No. 001- 42540
Date: November 14, 2025
Teamshares Inc., a Delaware corporation (“Teamshares”)
, which is party to a previously disclosed Business Combination Agreement, dated as of November 14, 2025 with Live Oak Acquisition Corp.
V, a Cayman Islands exempted company ( “Live Oak”), made the following communication on November 14, 2025.
Subject: Teamshares announces intent to go public
Dear all,
We wanted to update you on an important milestone in our journey.
Teamshares has announced its intent to go public in 2026. We are excited
for this milestone which will allow us to continue to acquire high-quality companies from retiring owners, help employees earn company
stock, and make additional investments in the Teamshares operating platform for network company growth.
Here’s
a link to our press release.
https://drive.google.com/file/d/1TpbhjbFkWVf5hrDRI_U4OWh7wQRkGWOw/view
We’re grateful for your partnership.
Regards,
Michael Brown
Alex Eu
Kevin Shiiba
Brian Gaebe
Madhuri Kommareddi
Additional Information
and Where to Find It
In
connection with the Business Combination, Live Oak and Teamshares intend to file a Registration Statement with the SEC, which will include
a proxy statement to Live Oak shareholders and a prospectus for the registration of Live Oak’s securities to be issued in connection
with the Business Combination. After the Registration Statement is declared effective by the SEC, the definitive proxy statement/prospectus
and other relevant documents will be mailed to the shareholders of Live Oak as of a record date to be established for voting on the Business
Combination and will contain important information about the Business Combination and related matters. Shareholders of Live Oak and other
interested persons are advised to read, when available, these materials (including any amendments or supplements thereto) and any other
relevant documents, because they will contain important information about Live Oak, Teamshares and the Business Combination. Shareholders
and other interested persons will also be able to obtain copies of the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus,
and other relevant materials in connection with the Business Combination, without charge, once available, at the SEC’s website at
www.sec.gov or by directing a request to: Live Oak Acquisition Corp. V, 4921 William Arnold Road, Memphis, TN, 38117 United States, Attn:
Richard Hendrix, Chairman & Chief Executive Officer. The information contained on, or that may be accessed through, the websites referenced
in this Current Report on Form 8-K in each case is not incorporated by reference into, and is not a part of, this Current Report on Form
8-K.
BEFORE
MAKING ANY VOTING DECISION, INVESTORS AND SECURITY HOLDERS OF LIVE OAK ARE URGED TO READ THE REGISTRATION STATEMENT, THE PROXY STATEMENT/PROSPECTUS
AND ALL OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE SEC IN CONNECTION WITH THE BUSINESS COMBINATION AS THEY BECOME AVAILABLE
BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION.
Participants in the
Solicitation
Live
Oak, Teamshares and their respective directors, executive officers and other members of their management and employees, under SEC rules,
may be deemed to be participants in the solicitation of proxies of Live Oak’s shareholders in connection with the Business Combination.
Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of Live Oak’s
directors and officers in Live Oak’s SEC filings. Information regarding the persons who may, under SEC rules, be deemed participants
in the solicitation of proxies to Live Oak’s shareholders in connection with the Business Combination will be set forth in the proxy
statement/prospectus for the Business Combination when available. Information concerning the interests of Live Oak’s and Teamshares’
participants in the solicitation, which may, in some cases, be different than those of their respective equity holders generally, will
be set forth in the proxy statement/prospectus relating to the Business Combination when it becomes available.
No Offer or Solicitation
This
Current Report on Form 8-K is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities
and shall not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval,
nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior
to registration or qualification under the securities laws of any such state or jurisdiction. No offer of securities shall be made except
by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom.
Forward-Looking Statements
This
Current Report on Form 8-K contains forward-looking statements within the meaning of the U.S. federal securities laws with respect to
the parties and the Business Combination. Live Oak’s and/or Teamshares’ actual results may differ from their expectations,
estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking
statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions
and other statements that are other than statements of historical facts. No representations or warranties, express or implied are given
in, or in respect of, this Current Report on Form 8-K. These forward-looking statements generally are identified by the words “believe,”
“project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,”
“future,” “opportunity,” “potential,” “plan,” “may,” “should,”
“will,” “would,” “will be,” “will continue,” “will likely result,” and similar
expressions.
These
forward-looking statements and factors that may cause actual results to differ materially from current expectations include, but are not
limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Merger Agreement
with respect to the Business Combination; (2) the outcome of any legal proceedings that may be instituted against the parties following
the announcement of the Business Combination and definitive agreements with respect thereto; (3) the inability to complete the Business
Combination, including due to failure to obtain approval of the shareholders of Teamshares and Live Oak or other conditions to Closing;
(4) the inability to obtain or maintain the listing of the public company’s shares on Nasdaq or another national securities exchange
following the Business Combination; (5) the ability of Live Oak to remain current with its SEC filings; (6) the risk that the Business
Combination disrupts current plans and operations as a result of the announcement and consummation of the Business Combination; (7) the
ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition,
the ability of Live Oak and Teamshares after the Closing to grow and manage growth profitably and retain its key employees; (8) costs
related to the Business Combination; (9) changes in applicable laws or regulations; (10) the inability of Teamshares to implement business
plans, forecasts, and other expectations after the completion of the Business Combination; (11) the risk that additional financing in
connection with the Business Combination, or additional capital needed following the Business Combination to support Teamshares’
business or operations, may not be raised on favorable terms or at all; (12) the evolution of the markets in which Teamshares competes;
(13) the ability of Teamshares to implement its strategic initiatives and continue to innovate its existing products and services; (14)
the level of redemptions of Live Oak’s public shareholders; and (15) other risks and uncertainties included in documents filed or
to be filed with the SEC by Live Oak and/or Teamshares.
The
foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties
described in the “Risk Factors” section of the Registration Statement referenced above when available and other documents
filed by Live Oak and Teamshares from time to time with the SEC. These filings will identify and address other important risks and uncertainties
that could cause actual events and results to differ materially from those contained in the forward-looking statements. You should not
place undue reliance upon any forward-looking statements, which speak only as of the date made. There may be additional risks that neither
Live Oak nor Teamshares presently knows, or that Live Oak and/or Teamshares currently believe are immaterial, that could cause actual
results to differ from those contained in the forward-looking statements. For these reasons, among others, investors and other interested
persons are cautioned not to place undue reliance upon any forward-looking statements in this Current Report on Form 8-K. Past performance
by Live Oak’s or Teamshares’ management teams and their respective affiliates is not a guarantee of future performance. Therefore,
you should not place undue reliance on the historical record of the performance of Live Oak’s or Teamshares’ management teams
or businesses associated with them as indicative of future performance of an investment or the returns that Live Oak or Teamshares will,
or may, generate going forward. Neither Live Oak nor Teamshares undertakes any obligation to publicly revise these forward-looking statements
to reflect events or circumstances that arise after the date of this Current Report on Form 8-K, except as required by applicable law.
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