- CEO
- Richard J. Hendrix
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 4921 William Arnold Road, Memphis, Tennessee 38117, United States Memphis NY United States of America 38117
- IPO Date
- Feb 28, 2025
- Business
- Live Oak Acquisition Corp. V, a blank check company incorporated in the Cayman Islands in 2024 and headquartered at 4921 William Arnold Road, Memphis, Tennessee, focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, targeting companies with enterprise values between $500 million and $2 billion that exhibit above-industry-average growth, substantial free cash flow generation, and defensible market positions. The company offers Class A ordinary shares trading under the ticker LOKV on Nasdaq, redeemable warrants under LOKVW exercisable at $11.50 per share following a business combination, and maintains approximately $231 million in a trust account from its initial public offering proceeds, which included 23 million units priced at $10.00 each in February 2025 following full exercise of the underwriters' over-allotment option by Santander. Led by Chairman and CEO Richard J. Hendrix, co-founder of sponsor Live Oak Merchant Partners, President and CFO Adam J. Fishman, and a board including Ashton Hudson, Jonathan Furer, and Andrea Tarbox with Gary Wunderlich, Jr. as Senior Advisor, the company pursues opportunities across industries and geographies with no current operations beyond its SPAC activities. In November 2025, Live Oak Acquisition Corp. V entered a definitive merger agreement with Teamshares Inc. valued at $525 million plus earnings-based incentives, alongside a $126 million private placement led by accounts advised by T. Rowe Price Investment Management, with the transaction expected to close in the second quarter of 2026.