06/17/2026 | Press release | Distributed by Public on 06/17/2026 19:45
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Class B Ordinary Shares | (1) | 06/15/2026 | J(1) | 37,136 | (1) | (3) | Class A Ordinary Shares | 37,136 | (1) | 5,712,864 | D | ||||
| Class B Ordinary Shares | (1) | 06/17/2026 | J(2) | 63,300 | (2) | (3) | Class A Ordinary Shares | 63,300 | (2) | 5,649,564 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Live Oak Sponsor V, LLC 4921 WILLIAM ARNOLD ROAD MEMPHIS, TN 38117 |
X | |||
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HENDRIX RICHARD J 4921 WILLIAM ARNOLD ROAD MEMPHIS, TN 38117 |
X | X | Chief Executive Officer | |
| /s/ Richard J. Hendrix Managing Member of Live Oak Sponsor V, LLC | 06/17/2026 | |
| **Signature of Reporting Person | Date | |
| /s/ Richard J. Hendrix | 06/17/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Pursuant to certain Non-Redemption Agreements among the Sponsor and certain investors, the Sponsor transferred an aggregate of 37,136 Class B ordinary shares, par value $0.0001 per share (the "Class B Shares"), to such investors, in connection with the closing of the Issuer's business combination (the "Closing") with Teamshares Inc. ("Teamshares"). |
| (2) | Pursuant to certain Share Transfer Agreements among the Sponsor and certain SAFE investors of Teamshares, the Sponsor transferred an aggregate of 63,300 Class B Shares to such investors, in connection with the Closing. |
| (3) | As described in the Issuer's registration statement on Form S-1 (File No. 333-284207) under the heading "Description of Securities--Founder Shares," the Class B Shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B Shares have no expiration date. |