Live Oak sets $10.55 redemption price for shareholders ahead of Teamshares merger vote

Filed June 9, 2026 · Period ending June 8, 2026 · ~1 min read

Key Changes

• high

  Shareholders can redeem shares at $10.55 each if they vote against the Teamshares merger, based on trust account value as of June 8, 2026. This sets the floor price for investors choosing to exit.

  Item 8.01 verify on EDGAR →
• medium

  Live Oak entered a Forward Purchase Agreement with FPA Investor on June 1, 2026, providing additional financing structure for the merger. The transaction activates immediately after the shareholder vote.

  Item 8.01 verify on EDGAR →
• medium

  The original November 2025 merger agreement with Teamshares was amended on April 1, 2026, with possibility of further changes. Specific amendment terms were not disclosed in this filing.

  Item 8.01 verify on EDGAR →