Live Oak Bancshares expects $20-25M pre-tax gain from Apiture sale to CSI

Live Oak Bancshares, Inc.

Live Oak Banking Co., a subsidiary, holds an investment in Apiture, which is being acquired by Computer Services Inc. (CSI).
Expected pre-tax gain of $20M to $25M from merger consideration, subject to closing price adjustments.
After transaction closes, Live Oak will stop recognizing pass-through losses from the Apiture investment.
Transaction is subject to customary regulatory approvals and closing conditions.

item 7.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.