- CEO
- Richard J. Hendrix
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 4921 William Arnold Road Memphis NY United States of America 38117
- IPO Date
- Apr 21, 2025
- Business
- Live Oak Acquisition Corp. V is a special purpose acquisition company, structured under the laws of the Cayman Islands, established with the explicit goal of engaging in a business combination. It recently completed its initial public offering on March 3, 2025, raising $230 million for this purpose. Trading commenced on Nasdaq Global Market, with its units initially under the ticker LOKVU, before separating into Class A ordinary shares (LOKV) and redeemable warrants (LOKVW) on April 21, 2025. The company has identified and announced a reverse merger agreement to be acquired by Teamshares Inc. for approximately $520 million, with a private placement of $126 million also anticipated from Teamshares Inc. This transaction is projected to finalize by the second quarter of 2026. Live Oak V focuses on identifying target companies with substantial growth prospects, strong free cash flow generation, and a defensible market position, typically seeking an enterprise value between $500 million and $2 billion. Its management team, stemming from Live Oak Merchant Partners, leverages significant operational and strategic expertise to enhance shareholder value.