---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-063576"
form_type: "8-K"
ticker: "LOKV"
cik: "0002048951"
company_name: "Live Oak Acquisition Corp. V"
filed_at: "2026-06-01T21:00:23+00:00"
generated_at: "2026-06-01T21:04:33.035089+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Live Oak enters Forward Purchase Agreement to back Teamshares merger, up to 4M shares at ~$10.54

## Summary
- Up to 4,000,000 shares; prepayment from trust at Initial Price (~$10.54/share as of May 29, 2026).
- HB Strategies LLC waives redemption rights on subject shares to reduce redemptions.
- FPA Investor may purchase shares at prices below redemption price from public shareholders.
- Forward Purchase Agreement term 24 months post-closing; optional termination with reset price based on VWAP.
- Agreement supports closing of business combination with Teamshares (announced Nov 14, 2025).

## SEC filing metadata
- accession: 0001213900-26-063576
- form_type: 8-K
- ticker: LOKV
- cik: 0002048951
- company_name: Live Oak Acquisition Corp. V
- filed_at: 2026-06-01T21:00:23+00:00
- event_type: other_material
- 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/2048951/000121390026063576/0001213900-26-063576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2048951/000121390026063576/ea0292781-8k425_liveoak5.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-063576
- JSON: https://secwatch.observer/filing/0001213900-26-063576.json
- Plain text: https://secwatch.observer/filing/0001213900-26-063576.txt

## Source-grounded claims
- claim_id: 303674789d98942e4201841acf531306384cbe15
  claim: Live Oak Acquisition Corp. V entered into Forward Purchase Agreement with HB Strategies LLC valued at up to 4,000,000 shares; Prepayment Amount equals Subject Shares multiplied by Initial Price (effective 2026-06-01).
  evidence_excerpt: On June 1, 2026, Live Oak Acquisition Corp. V, a Cayman Island exempted company (" Live Oak "), and HB Strategies LLC (" Seller " or " FPA Investor ") entered into an agreement (the " Forward Purchase Agreement ") for an OTC Prepaid Share Forward Transaction-Optional Early Termination (the " Forward Purchase Transaction ") in connection with Live Oak’s proposed initial business combination (the " Business Combination ") with Teamshares Inc., a Delaware corporation (" Teamshares " and the surviving public company following consummation of the Business Combination, the " Combined Company "), which is the subject of the previously-disclosed Agreement and Plan of Merger entered into by Live Oak and Teamshares as of November 14, 2025 (as amended as of April 1, 2026, and as may be further amended or supplemented from time to time, the " Merger Agreement ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/2048951/000121390026063576/0001213900-26-063576-index.htm

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