Teamshares investor day ahead of Live Oak (NASDAQ: LOKV) SPAC merger with $126M PIPE
Rhea-AI Filing Summary
Live Oak Acquisition Corp. V disclosed that Teamshares Inc. will host an investor day on March 31, 2026 ahead of an anticipated Nasdaq listing via a proposed business combination with Live Oak.
The communication restates that the transaction includes a $126 million common equity PIPE anchored by accounts advised by T. Rowe Price Investment Management, and that Live Oak and Teamshares intend to file a registration statement that will include a proxy statement/prospectus for the Business Combination.
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Insights
Investor day and an anchored $126 million PIPE signal preparatory steps toward closing the SPAC merger.
Teamshares outlines its business model and financial scale with consolidated revenue of $400 million across operations; the communication emphasizes an investor presentation on March 31, 2026 and a live webcast.
Execution hinges on filings and approvals: the parties will file a registration statement and the proxy/prospectus must be declared effective before shareholder votes and any Nasdaq listing can occur.
The statement focuses on disclosure and procedural steps required under securities laws for the proposed business combination.
It reiterates that a registration statement (including a proxy statement/prospectus) will be filed and that materials will be provided to Live Oak shareholders once the Registration Statement is declared effective. The communication includes customary forward-looking disclaimers and a list of risk factors.
Material conditions cited include shareholder approvals, SEC effectiveness of the Registration Statement, Nasdaq listing approval, and other closing conditions; timing and final outcomes depend on those steps.
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: March 24, 2026
On March 23, 2026, Teamshares Inc., party to the previously disclosed Business Combination Agreement, dated as of November 14, 2025, by and among Teamshares Inc., a Delaware corporation, and Live Oak Acquisition Corp. V, a Cayman Islands exempted company, among other parties, through its social media account, shared the following posts on LinkedIn and X (Twitter) and issued the following press release via Newswire:
X (Twitter):
https://x.com/Teamshares/status/2036157916110008818?s=20
LinkedIn:
https://www.linkedin.com/feed/update/urn:li:activity:7441923822850686977
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Newswire:
Teamshares to Host Investor Day on March 31st Ahead of Anticipated Nasdaq Listing
March 19, 2026 | 4:05pm EST | Business Wire |
New York (Business Wire) – Teamshares (the “Company”), a tech-enabled acquiror of SMEs, announced it will host an investor day for institutional investors and equity research analysts on March 31, 2026 at the Nasdaq MarketSite.
The event will demonstrate continued progress on the Company’s plan to become publicly traded via a proposed business combination with Live Oak Acquisition Corp. V (NASDAQ: LOKV), with a $126 million common equity PIPE anchored by accounts advised by T. Rowe Price Investment Management, as previously announced.
Through management presentations, a panel discussion, and case studies, in-person attendees will hear directly from senior leadership about how Teamshares creates a permanent home for businesses among an addressable market of several million SMEs. Management will provide a deep dive into the Company’s acquisitive business model built to drive predictable, repeatable growth and scale through financial technology.
Speakers from Teamshares will include Michael Brown, Co-founder and CEO, Alex Eu, Co-founder and President, Kevin Shiiba, Co-founder and CTO, Madhuri Kommareddi, COO, and Brian Gaebe, CFO. Management will also be available after the formal presentations to speak with attendees. Rick Hendrix, CEO, and Adam Fishman, CFO will participate from Live Oak.
Event Details
Event: Teamshares 2026 Investor Day
Location: Nasdaq Marketsite – 151 West 43rd Street, 10th Floor South, New York, NY 10036
Time: Company presentations will run approximately 9:00am ET to 11:30am ET and be followed by Q&A.
In-Person Registration: Please RSVP by email to investors@teamshares.com. In person-attendance is reserved for institutional investors, equity research analysts, and company invitees.
Webcast: This event will be webcast live and interested parties can access the website via this link or by visiting https://www.teamshares.com/investors. A replay will be made available on the Investor Relations website shortly following the conclusion of the event.
About Teamshares
Teamshares is a tech-enabled acquiror of SMEs, intending to be a permanent home when founders retire. Part Holdco, part fintech, Teamshares programmatically acquires companies with $0.5 to $5 million of EBITDA from retiring owners, integrates them with the Teamshares platform, and helps employees earn company stock.
Founded in 2019, Teamshares operates subsidiaries with consolidated revenue of over $400 million across over 40 industries and 30 states.
About Live Oak Acquisition Corp. V
Live Oak Acquisition Corp. V (NASADAQ: LOKV) is the fifth SPAC sponsored by Live Oak Merchant Partners, an experienced team of operators and investors with a track record of successful public-market combinations. For more information, visit www.liveoakmp.com.
Teamshares to Host Investor Day on March 31st Ahead of Anticipated Nasdaq Listing
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Additional Information and Where to Find It
In connection with the Business Combination, Live Oak and Teamshares intend to file a registration statement (as may be amended, the “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 communication in each case is not incorporated by reference into, and is not a part of, this communication.
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 communication 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 communication 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 communication. 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.
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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 communication. 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 communication, except as required by applicable law.
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