LOKV.NASDAQLive Oak Acquisition CORP V

SCHEDULE: Teamshares Inc. Ownership Update

Sentiment:

Ownership Filing

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Live Oak Sponsor V, LLC and Richard Hendrix report beneficial ownership of 12.3% of Teamshares Inc. common stock following business combination.

Capital raiseThe filing mentions 4,500,000 shares of common stock of the Issuer which may be purchased by exercising private placement warrants held by the Sponsor.The filing also notes that the Sponsor transferred an aggregate of 101,790 shares to certain investors in connection with financing transactions.

Summary

  • Live Oak Sponsor V, LLC and Richard Hendrix (collectively, the 'Reporting Persons') have filed a Schedule 13G, indicating their beneficial ownership of Teamshares Inc. common stock.
  • As of June 18, 2026, the Reporting Persons beneficially own 9,624,781 shares of Teamshares Inc. common stock, representing 12.3% of the class.
  • This ownership includes 5,124,781 shares held directly by Live Oak Sponsor V, LLC and 4,500,000 shares underlying private placement warrants.
  • Richard Hendrix, as the managing member of Live Oak Sponsor V, LLC, shares voting and dispositive power over the securities held by the Sponsor.
  • The filing details the conversion of Class B ordinary shares and subsequent adjustments due to transfers and forfeitures related to the business combination.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting ownership details and corporate actions rather than financial performance or strategic shifts.

Positives

  • Significant ownership stake (12.3%) reported by a key sponsor entity and its managing member.
  • Clarity on the conversion and adjustment of shares following a business combination and domestication.

Negatives

  • The filing does not contain financial performance data, only ownership information.

Risks

  • The Earn-Out Shares (1,674,781 shares) are subject to forfeiture, which could reduce the Reporting Persons' ultimate stake.
  • The 4,500,000 shares underlying private placement warrants represent potential future dilution if exercised.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding future financial performance. It primarily reports on current ownership status.

Management Comments

  • Richard Hendrix, as managing member of Live Oak Sponsor V, LLC, may be deemed to have or share voting and dispositive power of the shares held directly by the Sponsor.
  • Mr. Hendrix disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard for institutional investors and significant shareholders to report their holdings in public companies, particularly after major corporate events like business combinations.

Stakeholder Impact

  • Shareholders: The reported ownership stake and potential exercise of warrants could influence share price and voting dynamics.
  • Sponsor: The filing clarifies the ownership structure and adjustments post-business combination for Live Oak Sponsor V, LLC and Richard Hendrix.

Next Steps

  • Monitoring the exercise of private placement warrants.
  • Tracking any future transfers or forfeitures of Earn-Out Shares.

Key Dates

DateDescription
11/14/2025Date of Agreement and Plan of Merger and Sponsor Letter Agreement.
04/01/2026Date of amendment to the Agreement and Plan of Merger.
05/13/2026Date of amendment to the Agreement and Plan of Merger.
06/18/2026Date as of which ownership is reported following the Business Combination and Domestication.
06/25/2026Date of Issuer's Current Report on Form 8-K reporting shares outstanding.
06/30/2026Date of Event Which Requires Filing of this Statement.
07/08/2026Date of signature for the Schedule 13G filing.

Keywords

Teamshares Inc., Schedule 13G, Live Oak Sponsor V, LLC, Richard Hendrix, Beneficial Ownership, Common Stock, Warrants, Business Combination, SEC Filing

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