Live Oak Acquisition V, Teamshares amend merger pact to add liquidation preference election option

• Live Oak Acquisition Corp. V, Teamshares amended their merger agreement on May 13, 2026 to add an election for certain holders of Teamshares preferred stock to receive liquidation preference treatment instead of converting into Teamshares common stock.
• Teamshares must implement those liquidation preference elections before carrying out preferred-to-common conversion mechanics already contemplated in transaction terms.
• Amendment adds related definitions and terms, with parties indicating changes clarify deal mechanics without materially changing economic terms or overall structure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Live Oak Acquisition Corp. V published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-055877), on May 13, 2026, and is solely responsible for the information contained therein.