Live Oak Acquisition Corp. V received a Schedule 13G reporting that Live Oak Sponsor V, LLC and its managing member Richard Hendrix beneficially own 5,750,000 of the company’s Class B ordinary shares. These Class B shares automatically convert into Class A ordinary shares at the time of the initial business combination or earlier at the holder’s option on a one-for-one basis.
The 5,750,000 Class B shares represent 20% of the Class A ordinary shares, based on 23,000,000 Class A shares outstanding as of November 12, 2025, assuming full conversion of the Class B shares. The Sponsor holds sole voting and dispositive power over these shares, while Hendrix is deemed to share voting and dispositive power through his control of the Sponsor and disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Live Oak Acquisition Corp. V
(Name of Issuer)
CLASS A ORDINARY SHARES, PAR VALUE $0.0001 PER SHARE
(Title of Class of Securities)
G5509P102
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
G5509P102
1
Names of Reporting Persons
Live Oak Sponsor V, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
5,750,000.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
5,750,000.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,750,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
20.0 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
G5509P102
1
Names of Reporting Persons
Richard Hendrix
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,750,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,750,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,750,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
20.0 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: (1) See Item 4. These shares are the Issuer's Class B ordinary shares, which will automatically convert into the Issuer's Class A ordinary shares at the time of the Issuer's initial business combination or earlier at the option of the holder and as more fully described under the heading "Description of Securities - Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-284207). Live Oak Sponsor V, LLC (the "Sponsor") is the record holder of the shares reported herein. Mr. Richard Hendrix is the sole managing member of the Sponsor. As such, he may be deemed to have or share voting and dispositive power of the Class B ordinary shares held directly by the Sponsor. Mr. Hendrix disclaims any beneficial ownership of the reported ordinary shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
(2) Excludes 4,500,000 Class A ordinary shares which may be purchased by exercising warrants held by the Sponsor that are not presently exercisable.
(3) Based on 23,000,000 Class A ordinary shares and 5,750,000 Class B ordinary shares issued and outstanding as of the date of this filing.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Live Oak Acquisition Corp. V
(b)
Address of issuer's principal executive offices:
4921 William Arnold Road, Memphis TN 38117
Item 2.
(a)
Name of person filing:
Live Oak Sponsor V, LLC and Richard Hendrix (collectively, the "Reporting Persons")
(b)
Address or principal business office or, if none, residence:
4921 William Arnold Road, Memphis TN 38117
(c)
Citizenship:
Live Oak Sponsor V, LLC is a limited liability company formed in Delaware.
Richard Hendrix is a citizen of the United States of America.
(d)
Title of class of securities:
CLASS A ORDINARY SHARES, PAR VALUE $0.0001 PER SHARE
(e)
CUSIP No.:
G5509P102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of December 31, 2025, the Sponsor owns 5,750,000 of the Issuer's Class B ordinary shares. Richard Hendrix, Chairman of the Board of Directors and Chief Executive Officer of the Issuer, is the managing member of Live Oak Sponsor V, LLC and has voting and investment discretion with respect to the securities held of record by the Sponsor. As such, Mr. Hendrix may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Hendrix disclaims any beneficial ownership except to the extent of his pecuniary interest therein.
(b)
Percent of class:
The responses to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by reference.
The 5,750,000 Class B ordinary shares owned by the Reporting Persons constitute 20% of the total number of Class A ordinary shares issued and outstanding as of November 12, 2025 and assuming the conversion of all 5,750,000 Class B ordinary shares owned by the Sponsor. The Class B ordinary shares are automatically convertible into the Issuer's Class A ordinary share at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment, as more fully described under the heading "Description of Securities - Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-284207). The percentage of the Class B ordinary shares held by the Reporting Persons is based on 23,000,000 Class A ordinary shares issued and outstanding as of November 12, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 filed with the Securities and Exchange Commission on November 12, 2025 and assuming the conversion of all 5,750,000 Class B ordinary shares owned by the Sponsor.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Live Oak Sponsor V, LLC: 5,750,000;
Richard Hendrix: 0
(ii) Shared power to vote or to direct the vote:
Live Oak Sponsor V, LLC: 0;
Richard Hendrix: 5,750,000
(iii) Sole power to dispose or to direct the disposition of:
Live Oak Sponsor V, LLC: 5,750,000;
Richard Hendrix: 0
(iv) Shared power to dispose or to direct the disposition of:
Live Oak Sponsor V, LLC: 0;
Richard Hendrix: 5,750,000
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Live Oak Sponsor V, LLC
Signature:
/s/ Richard Hendrix
Name/Title:
Richard Hendrix, as managing member of Live Oak Sponsor V, LLC
What ownership stake in LOKV is reported in this Schedule 13G?
The filing reports that Live Oak Sponsor V, LLC and Richard Hendrix beneficially own 5,750,000 Class B ordinary shares. This stake represents 20% of the Class A ordinary shares, based on 23,000,000 Class A shares outstanding and assuming full conversion.
Who are the reporting persons in the Live Oak Acquisition Corp. V (LOKV) Schedule 13G?
The reporting persons are Live Oak Sponsor V, LLC and Richard Hendrix, who is Chairman, Chief Executive Officer, and managing member of the Sponsor. The Sponsor is the record holder of the shares, and Hendrix is deemed to have beneficial ownership through his control.
How many shares linked to LOKV does Live Oak Sponsor V, LLC hold?
Live Oak Sponsor V, LLC holds 5,750,000 Class B ordinary shares of Live Oak Acquisition Corp. V. These shares are automatically convertible into Class A ordinary shares on a one-for-one basis in connection with the initial business combination or earlier at the holder’s option.
How is the 20% ownership in LOKV calculated in the Schedule 13G?
The 20% figure is based on 23,000,000 Class A ordinary shares issued and outstanding as of November 12, 2025. It assumes the conversion of all 5,750,000 Class B ordinary shares held by the Sponsor into Class A shares on a one-for-one basis.
What voting and dispositive powers over LOKV shares are reported for the Sponsor and Richard Hendrix?
Live Oak Sponsor V, LLC has sole voting and dispositive power over 5,750,000 shares. Richard Hendrix has shared voting and dispositive power over the same shares through his role as managing member of the Sponsor, while disclaiming beneficial ownership beyond his pecuniary interest.
Do the reporting persons in LOKV’s Schedule 13G hold any additional securities through warrants?
The filing notes warrants held by the Sponsor that are exercisable for 4,500,000 Class A ordinary shares. These potential shares are explicitly excluded from the reported beneficial ownership because the warrants are not presently exercisable at the time of the filing.
