m_and_a
confidence high
sentiment neutral
materiality 0.85
Live Oak Acquisition Corp. V to merge with Teamshares in $525M deal
Live Oak Acquisition Corp. V
- Total consideration of $525M in Live Oak common stock valued at $10.00 per share.
- Earnout of up to 6M shares tied to share price targets of $12, $15, $20 over 5 years.
- Closing requires at least $120M cash in trust after redemptions plus PIPE proceeds.
- Termination fee of $3.5M payable for material breach; outside date of May 31, 2026.
- Significant Company Holders and management subject to 6-month lock-up on restricted securities.
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