---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-038865"
form_type: "8-K"
ticker: "LOKV"
cik: "0002048951"
company_name: "Live Oak Acquisition Corp. V"
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:53:42.977410+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Live Oak SPAC and Teamshares amend merger agreement; lock-up reduced to 6 months

## Summary
- First Amendment adjusts Merger Consideration to $525M plus Interim Period Financing amount.
- Up to 1,150,000 Incentive Founder Shares released from lock-up to incentivize financing commitments.
- Post-Closing lock-up on Founder Shares reduced from 1 year to 6 months.
- Incentive Plan shares increased from 5% to 7% of post-Closing SPAC common stock; evergreen provision added.
- Employee stock purchase plan authorized with 2% of post-Closing shares; management employment agreements required to close.

## SEC filing metadata
- accession: 0001213900-26-038865
- form_type: 8-K
- ticker: LOKV
- cik: 0002048951
- company_name: Live Oak Acquisition Corp. V
- filed_at: 2026-04-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2048951/000121390026038865/0001213900-26-038865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2048951/000121390026038865/ea0283978-8k425_liveoak5.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-038865
- JSON: https://secwatch.observer/filing/0001213900-26-038865.json
- Plain text: https://secwatch.observer/filing/0001213900-26-038865.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.