---
title: "Live Oak Acquisition V completes merger with Teamshares, shares trade on Nasdaq as TMS"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290882126.md"
description: "Live Oak Acquisition Corp. V completed its merger with Teamshares on June 18, 2026, creating a Nasdaq-listed company trading under TMS and TMSWW. Equity holders received approximately 49.4 million shares based on a 4.51 conversion ratio. The transaction included a $126.5 million PIPE and a forward purchase arrangement for 4 million shares. Participants may earn up to 6 million additional shares if specific VWAP targets are met within five years."
datetime: "2026-06-25T21:24:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290882126.md)
  - [en](https://longbridge.com/en/news/290882126.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290882126.md)
generator: "portal-rs"
---

# Live Oak Acquisition V completes merger with Teamshares, shares trade on Nasdaq as TMS

-   Live Oak Acquisition Corp. V completed its merger with Teamshares on June 18, 2026, creating a Nasdaq-listed company trading under TMS and TMSWW. \* Teamshares equity holders received 49,435,918 shares at closing, based on a final conversion ratio of 4.51. \* The deal included a $126.5 million PIPE priced at $9.2 per share for 13,750,000 shares. \* A forward purchase arrangement covered 4,000,000 shares with a $42.2 million prepayment based on an initial price of $10.56. \* Eligible participants can earn up to 6,000,000 additional shares if VWAP targets of $12, $15, or $20 are met within five years. 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-283064), on June 25, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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- [TMSWW.US](https://longbridge.com/en/quote/TMSWW.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**