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Live Oak Acquisition Corp. VI sponsor owns 5.75M shares

The reported Class B shares convert into Class A ordinary shares one-for-one at the initial business combination, or earlier at the holder’s option, subject to certain adjustments.

(High)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Live Oak Acquisition Corp. VI reports that ten-percent owner Live Oak Sponsor VI, LLC directly holds 5,750,000 Class B ordinary shares; the ownership entry is dated September 22, 2026. Up to 750,000 shares are subject to forfeiture if the underwriters do not exercise their over-allotment option in full.

The Class B shares automatically convert into Class A ordinary shares at the initial business combination, or earlier at the holder’s option, on a one-for-one basis, subject to certain adjustments. Richard J. Hendrix, also identified as a ten-percent owner and the issuer’s Chairman and Chief Executive Officer, is the Sponsor’s managing member and has voting and investment discretion over its shares. He may be deemed to beneficially own them and disclaims beneficial ownership except to the extent of his pecuniary interest.

Insights

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Insider Live Oak Sponsor VI, LLC, HENDRIX RICHARD J
Role 10% Owner | 10% Owner
Type Security Shares Price Value
holding Class B Ordinary Shares F1, F2, F3 -- -- --
Holdings After Transaction: Class B Ordinary Shares — 5,750,000 contracts (Direct)
Footnotes (3)
  1. F1. As described in the registration statement on Form S-1 (File No. 333-298533) of Live Oak Acquisition Corp. VI (the "Issuer") under the heading "Description of Securities--Founder Shares," the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date.
  2. F2. These shares represent the Class B ordinary shares held by Live Oak Sponsor VI, LLC (the "Sponsor") acquired pursuant to a subscription agreement by and between the Issuer and the Sponsor. The Class B ordinary shares include up to 750,000 shares that are subject to forfeiture in the event the underwriters of the Issuer's initial public offering do not exercise in full their over-allotment option as described in the Issuer's registration statement.
  3. F3. Richard J. Hendrix, Chairman and the Chief Executive Officer of the Issuer, is the managing member of the Sponsor and holds voting and investment discretion with respect to the ordinary shares 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.
Class B ordinary shares held 5,750,000 shares Directly held by Live Oak Sponsor VI, LLC; ownership entry dated September 22, 2026
Shares subject to forfeiture Up to 750,000 shares If the underwriters do not exercise their over-allotment option in full
Conversion ratio One-for-one Class B ordinary shares convert into Class A ordinary shares, subject to certain adjustments
initial business combination financial
"at the time of the Issuer's initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
over-allotment option financial
"do not exercise in full their over-allotment option"
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
beneficial ownership financial
"may be deemed to have beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LOVIU Class B ordinary shares does Live Oak Sponsor VI, LLC hold?

Live Oak Sponsor VI, LLC directly holds 5,750,000 Class B ordinary shares. The ownership entry is dated September 22, 2026, and up to 750,000 shares are subject to forfeiture if the underwriters do not exercise their over-allotment option in full.

When do LOVIU’s Class B ordinary shares convert to Class A?

The Class B shares automatically convert at the time of the issuer’s initial business combination, or earlier at the holder’s option, on a one-for-one basis, subject to certain adjustments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Live Oak Sponsor VI, LLC

(Last)(First)(Middle)
4921 WILLIAM ARNOLD ROAD

(Street)
MEMPHIS TENNESSEE 38117

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
09/22/2026
3. Issuer Name and Ticker or Trading Symbol
Live Oak Acquisition Corp. VI [ LOVI ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Ordinary Shares(1) (1) (1)Class A Ordinary Shares5,750,000(2)(1)D(2)(3)
1. Name and Address of Reporting Person*
Live Oak Sponsor VI, LLC

(Last)(First)(Middle)
4921 WILLIAM ARNOLD ROAD

(Street)
MEMPHIS TENNESSEE 38117

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
HENDRIX RICHARD J

(Last)(First)(Middle)
4921 WILLIAM ARNOLD ROAD

(Street)
MEMPHIS TENNESSEE 38117

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. As described in the registration statement on Form S-1 (File No. 333-298533) of Live Oak Acquisition Corp. VI (the "Issuer") under the heading "Description of Securities--Founder Shares," the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date.
2. These shares represent the Class B ordinary shares held by Live Oak Sponsor VI, LLC (the "Sponsor") acquired pursuant to a subscription agreement by and between the Issuer and the Sponsor. The Class B ordinary shares include up to 750,000 shares that are subject to forfeiture in the event the underwriters of the Issuer's initial public offering do not exercise in full their over-allotment option as described in the Issuer's registration statement.
3. Richard J. Hendrix, Chairman and the Chief Executive Officer of the Issuer, is the managing member of the Sponsor and holds voting and investment discretion with respect to the ordinary shares 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.
/s/ Richard J. Hendrix Managing Member of Live Oak Sponsor VI, LLC09/22/2026
/s/ Richard J. Hendrix09/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

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