Live Oak V & Teamshares Extend Merger Outside Date to July 15, 2026

Key Highlights

• Live Oak Acquisition Corp. V and Teamshares Inc. extended the outside date for their proposed Business Combination.
• The original outside date for the merger was May 31, 2026.
• The new extended outside date for the Business Combination is July 15, 2026.
• The extension provides additional time for the parties to satisfy closing conditions and consummate the merger.
• The Merger Agreement was initially dated November 14, 2025, and amended on April 1, 2026.
• A Registration Statement on Form S-4 was filed with the SEC on April 3, 2026, and amended on April 30, 2026.