SCHEDULE 13G: Tenor Capital Management Discloses 7.5% Stake in Live Oak Acquisition Corp. V
Beneficial Ownership Disclosure
Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah have jointly disclosed a 7.5% beneficial ownership stake in Live Oak Acquisition Corp. V, holding 1.5 million Class A ordinary shares.
Summary
- Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah have filed a Schedule 13G, disclosing their beneficial ownership in Live Oak Acquisition Corp. V.
- Each reporting person beneficially owns 1,500,000 Class A ordinary shares, representing 7.5% of the class.
- The shares are held in the form of units, with each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.
- The ownership is characterized by shared voting and dispositive power among the reporting persons.
- The percentage of ownership is calculated based on 20,000,000 units issued and outstanding, as stated in Live Oak Acquisition Corp. V's Prospectus filed on February 28, 2025.
Sentiment
Score: 6
Explanation: The disclosure of a significant passive stake by institutional investors is generally viewed as a neutral to slightly positive signal, indicating investor interest without implying active control or specific strategic moves.
Positives
- The disclosure of a significant passive stake by institutional investors like Tenor Capital Management can signal investor interest and confidence in Live Oak Acquisition Corp. V.
Risks
- The reporting persons disclaim beneficial ownership of the shares, held in units, except to the extent of their pecuniary interest therein, which is a standard legal disclaimer.
Future Outlook
This Schedule 13G filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from Live Oak Acquisition Corp. V.
Industry Context
This filing pertains to Live Oak Acquisition Corp. V, a Special Purpose Acquisition Company (SPAC). The disclosure of a significant passive stake by an institutional investor is a common occurrence in the SPAC market as investors take positions in anticipation of a business combination.
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional investor taking a stake may be perceived positively, potentially influencing market sentiment and share price.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of event which required the filing of this statement, coinciding with the Issuer's Prospectus filing indicating 20,000,000 units issued and outstanding. |
| 03/07/2025 | Date of the Schedule 13G filing. |
Keywords
Live Oak Acquisition Corp V, Tenor Capital Management, Tenor Opportunity Master Fund, Robin Shah, Schedule 13G, Beneficial Ownership, Class A ordinary share, SPAC, Investment Disclosure
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