Live Oak locks up 276,646 shares ahead of June 16 Teamshares merger vote

Filed June 9, 2026 · Period ending June 5, 2026 · ~1 min read

Key Changes

• high

  Live Oak secured agreements preventing redemption of 276,646 shares at its June 16 shareholder meeting to vote on the Teamshares merger, helping ensure sufficient capital remains post-transaction.

  Item 1.01 verify on EDGAR →
• high

  In exchange for forgoing redemption rights, participating shareholders will receive 37,171 founder shares from the Sponsor at closing, effectively compensating them for the lock-up.

  Item 1.01 verify on EDGAR →
• medium

  Extraordinary shareholder meeting scheduled for June 16, 2026 to vote on the proposed business combination with Teamshares originally announced November 14, 2025.

  Item 1.01 verify on EDGAR →