Live Oak Acquisition Corp. V (NASDAQ: LOKV) outlines Teamshares merger deal
Rhea-AI Filing Summary
Live Oak Acquisition Corp. V reports that Teamshares shared social media communications about their previously announced business combination between the two companies. The filing explains that Live Oak and Teamshares plan to file a registration statement that will include a proxy statement for Live Oak shareholders and a prospectus covering securities to be issued in the transaction, which will be mailed to shareholders of record after it becomes effective. Shareholders are urged to read the registration statement, proxy statement/prospectus and related materials when available, and the document outlines numerous risks that could affect completion of the business combination, including shareholder approvals, maintaining a stock exchange listing, financing needs and potential shareholder redemptions.
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Insights
Planned Live Oak–Teamshares merger is outlined with extensive closing risks.
The filing centers on the planned business combination between Live Oak Acquisition Corp. V and Teamshares, referencing a Business Combination Agreement dated
The forward-looking statements section lists many factors that could affect whether the deal closes or performs as hoped, including possible legal proceedings, failure to obtain shareholder approvals, inability to maintain a Nasdaq or other national exchange listing, and costs related to the transaction. It also highlights operational and strategic risks for Teamshares, such as implementing business plans, competing in its markets, and raising additional capital in connection with or after the business combination.
Further risks include changes in laws or regulations, disruption to current operations from announcing and consummating the deal, and the level of redemptions by Live Oak's public shareholders. The document stresses that past performance of the management teams does not guarantee future results and cautions readers not to place undue reliance on forward-looking statements made as of
FAQ
What business combination is Live Oak Acquisition Corp. V (LOKV) pursuing with Teamshares?
Live Oak Acquisition Corp. V and Teamshares Inc. are parties to a Business Combination Agreement dated
How will Live Oak (LOKV) shareholders receive information about the Teamshares transaction?
Live Oak and Teamshares plan to file a registration statement with the SEC that will include a proxy statement for Live Oak shareholders and a prospectus for the securities to be issued. After it is declared effective, the definitive proxy statement/prospectus and other relevant documents will be mailed to Live Oak shareholders of record for the business combination vote.
Where can investors find the proxy statement/prospectus for the Live Oak–Teamshares deal?
Once available, investors can obtain the preliminary and definitive proxy statement/prospectus and other materials free of charge at the SEC’s website, www.sec.gov, or by requesting them from Live Oak Acquisition Corp. V at its Memphis address, attention: Richard Hendrix, Chairman & Chief Executive Officer.
What key risks could affect completion of the Live Oak–Teamshares business combination?
The filing lists many risks, including possible termination of the merger agreement, legal proceedings, failure to obtain shareholder approvals, not securing or maintaining a Nasdaq or other exchange listing, disruption of current operations, and costs related to the deal. It also cites risks around Teamshares executing its business plans, competition, raising additional capital, changes in laws, and the level of redemptions by Live Oak’s public shareholders.
Does this Live Oak (LOKV) filing constitute an offer to sell securities?
No. The document states it is not a proxy statement or a solicitation of a proxy, consent or authorization, and it does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offer of securities will be made only by means of a prospectus that meets Securities Act requirements or an applicable exemption.
Who may be participants in the proxy solicitation for the Live Oak–Teamshares transaction?
Under SEC rules, Live Oak, Teamshares, and their respective directors, executive officers, managers and employees may be deemed participants in the solicitation of proxies from Live Oak shareholders. More detailed information about these participants and their interests will be included in the proxy statement/prospectus for the business combination.
What forward-looking statements warnings does Live Oak provide about the Teamshares merger?
The filing explains that it contains forward-looking statements identified by terms such as “believe,” “project,” “expect,” and “anticipate.” It warns that actual results may differ materially due to the listed risk factors, that past performance of management teams is not a guarantee of future performance, and that neither Live Oak nor Teamshares undertakes to update forward-looking statements except as required by law.

