Form 4: Live Oak Sponsor V Transfers Shares Post-Merger

Live Oak Sponsor V, LLC reported the transfer of 100,436 Class B ordinary shares to investors following the business combination with Teamshares Inc.

Summary

• Live Oak Sponsor V, LLC transferred 37,136 Class B ordinary shares on June 15, 2026, pursuant to Non-Redemption Agreements.
• An additional 63,300 Class B ordinary shares were transferred on June 17, 2026, under Share Transfer Agreements with SAFE investors.
• These transfers occurred in connection with the closing of the business combination between Live Oak Acquisition Corp. V and Teamshares Inc.
• Following these transactions, the Sponsor retains 5,649,564 Class B ordinary shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting the completion of pre-existing contractual obligations related to a business combination.

Positives

• Successful completion of the business combination with Teamshares Inc.
• Fulfillment of contractual obligations to investors via share transfers.

Negatives

• Reduction in the Sponsor's direct beneficial ownership of Class B ordinary shares.

Risks

• Market volatility associated with the newly combined entity post-business combination.
• Potential dilution or price impact from the conversion of Class B shares into Class A ordinary shares.

Future Outlook

The Class B shares are subject to automatic conversion into Class A ordinary shares on a one-for-one basis at the time of the business combination or at the holder's option prior to that time.

Management Comments

• The transfers were executed to satisfy obligations under Non-Redemption and Share Transfer Agreements related to the closing of the business combination with Teamshares Inc.

Industry Context

StockSavvy.ai notes that this filing represents standard post-closing administrative activity for a SPAC (Special Purpose Acquisition Company) following a business combination, ensuring contractual obligations to PIPE or SAFE investors are met.

Comparison to Industry Standards

• The transfer of founder shares to satisfy non-redemption agreements is a standard practice in SPAC business combinations to ensure sufficient capital remains in the trust account.
• The one-for-one conversion ratio of Class B to Class A shares is consistent with typical SPAC structures.

Related Party Transactions

• Transfers of shares between the Sponsor (Live Oak Sponsor V, LLC) and various investors as part of the business combination closing.

Stakeholder Impact

• Shareholders may see changes in the distribution of ownership as founder shares are transferred to investors.

Next Steps

• Potential conversion of remaining Class B shares into Class A ordinary shares.

Key Dates

Keywords

LOKV, Live Oak Acquisition Corp. V, Teamshares, Form 4, Insider Transaction, Business Combination