secwatch.observer — SEC 8-K summary
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Issuer:     Live Oak Acquisition Corp. V (LOKV)
CIK:        0002048951
Form:       8-K
Filed at:   2026-05-13T20:40:46+00:00
Accession:  0001213900-26-055877
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Live Oak and Teamshares amend merger agreement to allow preferred stock liquidation preference election
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- Second Amendment provides eligible preferred holders option to elect liquidation preference conversion instead of standard exchange.
- Amendment details pre-Closing conversion of Eligible Preferred Shares to common at greater of original issue price or per share price.
- Eligible series include Series C-1, C-2, D-1, D-2, D-NV, E, E-NV Preferred Stock.
- Other terms unchanged; overall economic terms and structure of Business Combination not materially altered.
- Holders making liquidation preference election forfeit Earnout Shares; Election and Waiver Agreement defined.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2048951/000121390026055877/0001213900-26-055877-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2048951/000121390026055877/ea0290664-8k425_liveoak5.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-055877

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