Live Oak Acquisition Corp. V (NASDAQ: LOKV)

Live Oak Acquisition Corp. V is a blank check company incorporated in the Cayman Islands on November 27 2024. The company was formed for the sole purpose of effecting a merger amalgamation share exchange asset acquisition share purchase reorganization or similar Business Combination with one or more businesses. To achieve this objective Live Oak Acquisition Corp. V intends to use the cash derived from the proceeds of its Initial Public Offering and the sale of Private Placement Warrants together with its own shares debt or any combination thereof. As of the filing date the company has not commenced any operating activities and is focused on identifying and evaluating prospective acquisition candidates. Live Oak Acquisition Corp. V expects to incur significant costs in the pursuit of its acquisition plans and may seek to extend the combination period consistent with applicable laws regulations and stock exchange rules. The company is subject to the Nasdaq 36 month requirement which mandates completion of an initial Business Combination within thirty six months of the IPO or risk suspension of trading and delisting.

Live Oak Acquisition Corp. V has not generated any operating revenues to date because it has not engaged in any commercial operations. The company’s only source of income is non operating interest income earned on marketable securities held in the Trust Account after the Initial Public Offering. For the three months ended June 30 2025 the company reported interest income of two million four hundred forty two thousand four hundred fifty three dollars and operating costs of three hundred forty four thousand two hundred ninety two dollars resulting in net income of two million ninety eight thousand one hundred sixty one dollars. For the six months ended June 30 2025 the company reported interest income of three million one hundred sixty thousand three hundred eighty six dollars and operating costs of seven million three hundred sixty five thousand nine hundred eighty eight dollars resulting in a net loss of four million two hundred five thousand six hundred two dollars. Live Oak Acquisition Corp. V anticipates that operating revenues will arise only after the successful completion of its initial Business Combination when it will derive income from the products or services of the target business. Until that point the company intends to use substantially all of the funds held in the Trust Account including any accrued interest to finance the Business Combination and to provide working capital for the combined entity. The company may also allocate a portion of the trust proceeds to repay any working capital loans obtained from the Sponsor or related parties to support due diligence and transaction costs.

Live Oak Acquisition Corp. V operates in the highly competitive special purpose acquisition company sector where numerous blank check vehicles seek to combine with private target businesses. The company’s competitive position is influenced by the size of the trust account which stood at approximately two hundred thirty four million three hundred ten thousand three hundred eighty six dollars as of June 30 2025 including accrued interest. This substantial cash reserve provides the flexibility to pursue a variety of transaction structures and to meet potential shareholder redemption requests without jeopardizing the ability to close a deal. Live Oak Acquisition Corp. V benefits from the oversight of its Sponsor and management team which are tasked with identifying suitable targets conducting due diligence and negotiating transaction terms. The company must adhere to Nasdaq listing requirements including the 36 month deadline for completing an initial Business Combination failure to satisfy which could lead to suspension of trading and delisting from the exchange. Relative to its peers Live Oak Acquisition Corp. V differentiates itself through the specific expertise of its Sponsor and the advisory relationship with Santander US Capital Markets LLC which provides strategic guidance on potential combinations. Overall the company’s outlook depends on its ability to locate an attractive target and to complete a Business Combination within the prescribed timeframe while managing redemption risk and controlling transaction expenses.

As a blank check company that has not yet completed a Business Combination Live Oak Acquisition Corp. V does not serve any customers in the traditional sense. The company has not generated operating revenues and therefore has no customer base to report for the period covered by the filing. Live Oak Acquisition Corp. V’s activities are limited to organizational matters the Initial Public Offering and the search for a suitable acquisition target. Consequently there are no specific customer names to disclose and the company does not presently provide goods or services to external parties. Upon completion of its initial Business Combination the resulting entity will acquire the customer base of the target business which may include commercial consumers industrial clients or other stakeholders depending on the industry of the combined company. Until that time the primary stakeholders of Live Oak Acquisition Corp. V are its public shareholders the Sponsor and the holders of its warrants who provide capital and expect a return through a successful transaction. The company’s focus remains on identifying a target that can generate sustainable revenues and create value for these stakeholders after the combination is effected.