Live Oak Acquisition Corp. V is a Delaware‐incorporated special purpose acquisition company (SPAC) listed on the Nasdaq Global Market under the ticker symbol LOKVU. As a blank check vehicle, the company was formed with the primary purpose of effecting a merger, capital stock exchange, asset acquisition or similar business combination with one or more businesses or entities.
Since its initial public offering, Live Oak Acquisition Corp. V has focused on identifying target companies in North America that operate in industries such as technology, business services, healthcare and industrials. By leveraging the sponsor’s experience and capital raised through its trust account, the SPAC seeks to partner with an established or high-growth business in need of public market access and strategic support.
The company is sponsored by Live Oak Management Partners, a team of investment professionals with a track record in corporate finance, mergers and acquisitions and private equity investing. The sponsor’s leadership brings a blend of operating experience and capital markets expertise, with a mandate to drive value for shareholders through disciplined deal sourcing and diligence.
Proceeds from Live Oak Acquisition Corp. V’s IPO are held in a trust account earning interest until the completion of a qualifying business combination. Under its charter, the SPAC generally has two years to close a transaction or otherwise return the funds to public shareholders, at which point it may seek extensions in accordance with its governing documents.
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