Live Oak Updates Teamshares Presentation Ahead of Merger Vote

Context Live Oak Acquisition Corp. V (ticker LO​KV) is a special purpose acquisition company (SPAC) that agreed to merge with fintech firm Teamshares Inc. The original merger agreement was signed on November 14, 2025 and later amended on April 1, 2026. The transaction requires approval from Live Oak shareholders, who will receive a proxy statement and prospectus once the SEC declares the related Form S‑4 registration effective.

Key Facts - On April 28, 2026 Live Oak submitted an amended current report (Form 8‑K/A) to the SEC, superseding its March 31 filing. - The amendment includes a revised investor presentation prepared by Teamshares, now filed as Exhibit 99.1. - The updated deck is intended to be used by both companies in communications with investors about the business combination. - The merger agreement, first dated November 14, 2025, was amended on April 1, 2026, and may be further modified before closing. - Live Oak and Teamshares filed a Form S‑4 registration statement on April 3, 2026, which contains the proxy statement and prospectus that will be mailed to shareholders for the vote.

What It Means The refreshed presentation signals that both parties are aligning their messaging before the shareholder ballot. By replacing the earlier deck, they aim to provide clearer financial projections and integration plans, addressing any investor concerns that surfaced after the initial agreement. The timing suggests the companies are finalizing details ahead of the proxy distribution, a critical step for closing the merger.

Investors should watch for the SEC’s effectiveness determination on the Form S‑4, the mailing of the definitive proxy statement, and the scheduled date for the shareholder vote. The outcome will determine whether Teamshares becomes a publicly traded entity through the SPAC structure.