---
schema_version: "secwatch.filing_event.v1"
accession: "0001462120-25-000077"
form_type: "8-K"
ticker: "LOB"
cik: "0001462120"
company_name: "Live Oak Bancshares, Inc."
filed_at: "2025-08-19T23:59:59+00:00"
generated_at: "2026-05-17T11:24:36.431248+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001462120-25-000077
- form_type: 8-K
- ticker: LOB
- cik: 0001462120
- company_name: Live Oak Bancshares, Inc.
- filed_at: 2025-08-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462120/000146212025000077/0001462120-25-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462120/000146212025000077/lob-20250819.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462120-25-000077
- JSON: https://secwatch.observer/filing/0001462120-25-000077.json
- Plain text: https://secwatch.observer/filing/0001462120-25-000077.txt

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