Live Oak Acquisition Corp. V closes $230M IPO; $231.15M in trust

Live Oak Acquisition Corp. V

Sold 23M units at $10.00/unit; gross proceeds $230M (includes underwriter over-allotment).
Private placement of 4.5M warrants to sponsor at $1.00/warrant raised $4.5M.
Total of $231.15M ($10.05/unit) deposited into trust account for future business combination.
SPAC must complete initial business combination within 21 months (or 24 with definitive agreement).
Audited balance sheet as of March 3, 2025 filed with this 8-K.

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