secwatch.observer — SEC 8-K summary
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Issuer:     Live Oak Acquisition Corp. V (LOKV)
CIK:        0002048951
Form:       8-K/A
Filed at:   2026-06-02T13:09:00+00:00
Accession:  0001213900-26-063827
Event type: m_and_a
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Live Oak enters forward purchase agreement to reduce redemptions for Teamshares merger
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- Up to 4M public shares subject to forward purchase; Seller waives redemption rights on those shares.
- Trust account redemption price per share as of May 29, 2026: approx. $10.54.
- Prepayment Amount equals number of shares times Initial Price set 5 business days pre-closing.
- Term: 24 months from business combination closing; Seller may terminate early at Reset Price.
- Purpose: reduce redemptions, supporting closing of Business Combination with Teamshares Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2048951/000121390026063827/0001213900-26-063827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2048951/000121390026063827/ea0293178-8ka425_liveoak5.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-063827

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