Teamshares SPAC Merger S-4 Effective, Nasdaq Listing Slated for Mid-June
LOKV•On May 27, the SEC declared effective Teamshares’ Form S-4 registration for its merger with Live Oak Acquisition Corp. V, paving the way for Teamshares to list as Teamshares Inc. under tickers TMS and TMSW. The transaction, supported by a November 2025 PIPE investment, is expected to close mid-June.
1. Registration Statement Effective
On May 27, the SEC declared effective the joint Form S-4 registration statement filed by Teamshares and Live Oak Acquisition Corp. V, fulfilling a key regulatory milestone for the proposed business combination.
2. Merger Timeline and Closing Conditions
Subject to approval by both companies’ shareholders and satisfaction of customary closing conditions—including a minimum cash condition funded by a November 2025 PIPE investment—the merger is projected to close in mid-June 2026.
3. Nasdaq Listing Details
Upon completion, the combined company will trade on Nasdaq as Teamshares Inc. under the tickers TMS and TMSW, establishing a permanent public platform for Teamshares’ portfolio of small and mid-sized businesses.
4. Shareholder Meeting Scheduled
An extraordinary general meeting for Live Oak’s shareholders is set for June 16, 2026, at 9:00 a.m. Eastern Time, with a record date of May 7, to vote on proposals necessary to complete the business combination.
