SPAC · Merger completed
Live Oak Acquisition Corp. V
Business combination with Teamshares Inc.
Live Oak Acquisition Corp. V is a blank-check company (SPAC) that raised $200M in its initial public offering on Feb 28, 2025, listing on Nasdaq. It completed its business combination with Teamshares Inc. on Jun 18, 2026; the combined company is Teamshares Inc. (TMS). Live Oak Merchant Partners led the IPO. Ellenoff Grossman & Schole advised the SPAC and Davis Polk advised the underwriters on the IPO.
Teamshares Inc., founded in 2019, is a tech-enabled acquirer of businesses that programmatically buys companies with $0.5 to $5 million of EBITDA from retiring owners, integrates them into its platform and helps employees earn company stock. Its subsidiaries operate across over 40 industries and 30 states.
- Status
- Merger completed
- IPO date
- Feb 28, 2025
- IPO size
- $200M
- IPO exchange
- Nasdaq
- Target
- Teamshares Inc.
- Announced
- Nov 14, 2025
- Closed
- Jun 18, 2026
- Combined company
- Teamshares Inc. (TMS)
- IPO underwriters
- Live Oak Merchant Partners
- SPAC counsel (IPO)
- Ellenoff Grossman & Schole and Ogier
- Underwriters' counsel (IPO)
- Davis Polk
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Shareholder vote date
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Feb 28, 2025
- Deal announcement (8-K) Nov 14, 2025
- Press release
- All filings on EDGAR CIK 2048951
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