Live Oak Acquisition Corp. V - Class A Ordinary Shares (LOKV)

Teamshares Inc. (“Teamshares”), a tech-enabled acquiror of high-quality businesses, and Live Oak Acquisition Corp. V (NASDAQ: LOKV, “Live Oak V”), a publicly traded special purpose acquisition company, announced the confidential submission of a draft registration statement on Form S-4 with the Securities and Exchange Commission (“SEC”) today in connection with a proposed business combination between Teamshares and Live Oak V announced on November 14, 2025. Upon closing, the combined company will operate as “Teamshares Inc.” and the parties will apply to list securities of the combined company on Nasdaq under the tickers “TMS” and “TMSW.”

Teamshares Inc. (“Teamshares” or the “Company”), a tech-enabled acquiror of high-quality small-to-medium size enterprises (“SMEs”), and Live Oak Acquisition Corp. V (NASDAQ: LOKV) (“Live Oak” or “Live Oak V”), a publicly traded special purpose acquisition company sponsored by Live Oak Merchant Partners, announced today that they have entered into definitive agreements relating to a business combination (“Business Combination”), intending to accelerate Teamshares’ growth as a public company. At closing, the combined company will operate as “Teamshares Inc.” and is expected to be listed on Nasdaq under ticker “TMS.”