Live Oak Acquisition Corp. V Files Form 8-K on Proposed Business Combination with Teamshares

Live Oak Acquisition Corp. V (Nasdaq: LOKV, LOKVU, LOKVW), a Cayman Islands exempted company, has released a Form 8-K current report announcing significant developments regarding its proposed business combination with Teamshares Inc., a Delaware corporation.

Key Highlights of the Report

• Business Combination Announcement:
  • Live Oak has entered into a Merger Agreement with Teamshares, as previously disclosed, with amendments dated April 1, 2026. This agreement is poised to result in a business combination that would see Teamshares become a publicly listed entity, pending shareholder approval.
  • The combination is expected to bring together Live Oak’s SPAC structure with Teamshares’ operational platform, potentially leading to enhanced growth opportunities for the combined entity.
• Important Shareholder Information:
  • A proxy statement/prospectus will be distributed to Live Oak shareholders ahead of the vote on the business combination. This document will contain important information about the deal, Teamshares, and the combined entity.
  • Shareholders and other interested parties are strongly advised to read all proxy materials and related documents filed with the SEC as they become available, as these will contain critical information for making informed voting and investment decisions.
  • Copies of these materials will be accessible free of charge via the SEC’s website (www.sec.gov) or by direct request to the company.
• Securities and Trading Information:
  • Live Oak’s units, Class A ordinary shares, and warrants are currently listed on Nasdaq with trading symbols LOKVU, LOKV, and LOKVW respectively.
  • Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, and each whole warrant is exercisable for one Class A ordinary share at an exercise price of \$11.50 per share.
• Emerging Growth Company Status:
  • Live Oak is designated as an emerging growth company under Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act. This status allows the company to take advantage of certain reduced disclosure and compliance requirements.
  • Live Oak has not elected to use the extended transition period for complying with new or revised financial accounting standards.
• Forward-Looking Statements:
  • The report contains forward-looking statements regarding the business combination, future performance, and strategies of Live Oak and Teamshares. These statements are subject to risks, uncertainties, and actual results may differ materially from expectations.
  • Risk factors include but are not limited to: the ability to complete the business combination, regulatory approvals, market conditions, redemption levels by public shareholders, and other risks detailed in future SEC filings.
  • Investors are cautioned not to place undue reliance on historical performance or forward-looking statements.

Potential Price Sensitive Information for Investors

• The proposed business combination with Teamshares, if successfully completed, is likely to be a major event for Live Oak and could significantly impact the share price.
• The deal, subject to shareholder approval, regulatory clearance, and market conditions, could result in Teamshares becoming a publicly traded company and give Live Oak shareholders exposure to Teamshares’ business.
• The proxy materials and other SEC filings related to the combination will contain vital information affecting valuation, governance, and future prospects, which could influence investor sentiment and share price.
• Any delays, amendments, or failure to close the business combination may negatively affect Live Oak’s share price, while successful completion could drive positive price action.

Other Important Shareholder Considerations

• Live Oak, Teamshares, and their management teams may be considered participants in the solicitation of proxies for the business combination vote.
• Details about director and officer interests will be available in SEC filings and proxy materials.
• This filing is not an offer to sell or a solicitation of an offer to buy any securities, nor does it constitute solicitation of any vote or approval except as provided in the official proxy materials.

Conclusion

The announcement of the proposed merger between Live Oak Acquisition Corp. V and Teamshares is a significant corporate event that could materially affect the future direction, structure, and value of Live Oak’s shares. Shareholders should monitor SEC filings closely and participate in the voting process when proxy materials are distributed.

Disclaimer

This article contains information derived from publicly filed SEC documents and forward-looking statements, which are subject to risks and uncertainties. Investors are strongly advised to review official proxy materials and SEC filings before making any investment decisions. This is not an offer to buy or sell securities. Past performance is not indicative of future results.

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