secwatch.observer — SEC 8-K summary
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Issuer:     Live Oak Acquisition Corp. V (LOKV)
CIK:        0002048951
Form:       8-K
Filed at:   2026-08-14T11:10:03+00:00
Accession:  0002048951-26-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Teamshares Q2 revenue up 20% to $148.7M; turns net profit; reaffirms FY26 outlook
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- Revenue $148.7M, up $25.1M (20%) YoY; net income $9.5M vs. year-ago loss (swing of $22.4M).
- Adjusted EBITDA $9.6M, up 166% YoY; Pro Forma Adj. EBITDA $9.8M (+171%); LTM Pro Forma $21.2M.
- Began Nasdaq trading June 23, 2026; Business Combination with Live Oak Corp. V raised $132.4M gross proceeds.
- Repaid $33.9M debt in Q2 plus $20.6M post-quarter; evaluating warehouse facility term sheet and refinancing.
- Reaffirms FY26 Pro Forma Adj. EBITDA guidance of $60M incl. $40M acquired EBITDA; ~$30M EBITDA under LOI.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2048951/000204895126000013/0002048951-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2048951/000204895126000013/tms-20260814.htm
  HTML page:      https://secwatch.observer/filing/0002048951-26-000013

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