Teamshares completes de-SPAC merger with Live Oak; $525M stock consideration

Live Oak Acquisition Corp. V

Aggregate merger consideration of $525M paid in ~52.5M shares of common stock at $10.00/share.
PIPE investment of ~$126.5M from 13.75M shares issued concurrently with closing.
Earnout shares of up to 6M additional shares tied to stock price targets of $12, $15, $20 over 5 years.
Legacy Teamshares preferred holders received stock; out-of-the-money options and warrants terminated.
Company renamed Teamshares Inc.; common stock and warrants trade on Nasdaq under TMS and TMSWW.

item 1.01 item 2.01 item 5.06 item 9.01 item 4.01 item 3.02 item 3.03 item 5.03 item 5.01 item 5.02 item 5.05 item 8.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.