Teamshares Inc., a tech-enabled acquiror of high-quality small-to-medium size enterprises, is set to become a publicly traded company through a combination with Live Oak Acquisition Corp. V. The combined company will operate as "Teamshares Inc." and is expected to be listed on Nasdaq under the ticker symbol "TMS." As part of the deal, $126 million in committed common equity PIPE financing has been secured from accounts advised by T. Rowe Price Investment Management, Inc. and other institutional investors, with the potential for up to $237 million in additional gross proceeds from Live Oak V's trust account, depending on redemptions. The transaction has received unanimous approval from the boards of both companies and is expected to close in the second quarter of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Live Oak Acquisition Corp. V published the original content used to generate this news brief via Business Wire (Ref. ID: 20251113567641) on November 14, 2025, and is solely responsible for the information contained therein.
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