SCHEDULE 13G: Magnetar Entities Disclose 7.61% Stake in Live Oak Acquisition Corp. V
Beneficial Ownership Report
Magnetar Financial LLC and its affiliates have reported a beneficial ownership of 7.61% in Live Oak Acquisition Corp. V, totaling 1,750,000 shares of common stock.
Summary
- Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman (collectively, the "Reporting Persons") have filed a Schedule 13G.
- The filing discloses beneficial ownership of 1,750,000 shares of Common Stock, par value $0.0001, in Live Oak Acquisition Corp. V.
- This ownership represents approximately 7.61% of the total outstanding shares of Live Oak Acquisition Corp. V, based on 23,000,000 shares outstanding as of March 3, 2025.
- The shares are held across various Magnetar Funds, including Constellation Master Fund, Lake Credit Fund, Structured Credit Fund, Xing He Master Fund, Alpha Star Fund, SC Fund, Purpose Alternative Credit Fund T, and Waterfront Fund.
- Magnetar Financial LLC serves as the investment adviser to these funds, exercising shared voting and dispositive power over the reported shares.
- The acquisition of these securities was made in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: This is a factual disclosure of beneficial ownership, which is neutral in sentiment. It indicates an investment position but does not convey positive or negative performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of a significant ownership stake by an investment firm in a publicly traded company. It reflects an investment decision by Magnetar Financial LLC and its affiliates, rather than a broader industry trend or competitive action.
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional investor's stake can provide transparency regarding the company's ownership structure and potentially influence market perception.
Key Dates
| Date | Description |
|---|---|
| 2022-12-22 | Date of Limited Power of Attorney granted by David J. Snyderman. |
| 2025-03-03 | Approximate date of 23,000,000 shares outstanding for Live Oak Acquisition Corp. V, as reported in their Form 8-K. |
| 2025-03-07 | Date Live Oak Acquisition Corp. V filed its Form 8-K with the SEC. |
| 2025-03-31 | Date of event which required the filing of this Schedule 13G (beneficial ownership threshold met). |
| 2025-05-09 | Date of filing of the Schedule 13G and the Joint Filing Agreement. |
Keywords
Live Oak Acquisition Corp. V, Magnetar Financial LLC, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing, G5509P128
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