Business
Teamshares Announces S-4 Effectiveness in Anticipation of Nasdaq Listing
NEW YORK, May 27, 2026--Teamshares (the "Company"), a tech-enabled acquiror of SMEs announced that its joint registration statement on Form S-4 (the "Registration Statement") with Live Oak Acquisition Corp. V (NASDAQ: LOKV) ("Live Oak"), filed with the Securities and Exchange Commission in connection with the proposed business combination between Teamshares and Live Oak (the "Business Combination"), was declared effective by the SEC on May 27, 2026.
About this update from Live Oak Acquisition Corp. V
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/18ce13e114b510a2b81c80472b92e211"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_3myJq6eQDwK7V9Lyci38g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MA--/https://media.zenfs.com/en/business-wire.com/18ce13e114b510a2b81c80472b92e211","width":960,"height":480},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/4eCW5llXGs5MO2Dn.MmC9A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTMyMA--/https://media.zenfs.com/en/business-wire.com/18ce13e114b510a2b81c80472b92e211","width":640,"height":320},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/IJn1bQ8sgQgtC82LyilWPg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0/https://media.zenfs.com/en/business-wire.com/18ce13e114b510a2b81c80472b92e211","width":1024,"height":512}},"lazy":false},{"type":"text","content":"NEW YORK, May 27, 2026--(BUSINESS WIRE)--Teamshares (the "Company"), a tech-enabled acquiror of SMEs announced that its joint registration statement on Form S-4 (the "Registration Statement") with Live Oak Acquisition Corp. V (NASDAQ: LOKV) ("Live Oak"), filed with the Securities and Exchange Commission in connection with the proposed business combination between Teamshares and Live Oak (the "Business Combination"), was declared effective by the SEC on May 27, 2026.","length":510,"tagName":"p"},{"type":"text","content":"The announcement marks a significant step towards the completion of the proposed Business Combination establishing Teamshares as a publicly-listed, permanent home for high-quality businesses undergoing ownership transitions.","length":224,"tagName":"p"},{"type":"text","content":"Upon consummation of the Business Combination, the resulting public company (the "Combined Company") will operate as "Teamshares Inc.", securities of which are expected to trade on Nasdaq under the tickers "TMS" and " TMSW". Subject to satisfaction of customary closing conditions, including, without limitation, approval by Live Oak’s and Teamshares’ shareholders, the transaction is anticipated to be consummated mid-June 2026; proceeds to be delivered to Teamshares in connection with the Business Combination closing from a PIPE in...