Live Oak Acquisition Corp. V (LOKV): Entry into a Material Definitive Agreement
Live Oak Acquisition Corp. V (LOKV) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 ea029398501ex10-1.htm FORM OF NON-REDEMPTION AGREEMENT Exhibit 10.1 EXECUTION VERSION NON-REDEMPTION AGREEMENT This NON-REDEMPTION AGREEMENT (this “ Agreement ”) is entered into as of June 5, 2026 by and among (i) Live Oak Acquisition Corp. V , a Cayman Islands exempted
How this was made
The 30-second read
Why it matters
This non-redemption agreement makes a shareholder’s redemption/conversion rights irrevocable (until termination) and restricts transfers during the term, lowering redemption risk for the pending transactions.
Market read
A concrete shareholder-level commitment reduces redemption uncertainty, which can support SPAC deal completion pricing.
What to watch
Traders should check whether the agreement covers a large portion of public shares and whether any other holders have similar waivers; also monitor any subsequent amendments tied to the extension deadline.
Background
LOKV is a SPAC that must complete its initial business combination within a set deadline or dissolve; it previously entered a merger agreement with Teamshares Inc. and related domestication/merger steps.
Ticker impact
LOKV discloses a non-redemption agreement where a shareholder waives redemption rights and agrees to transfer restrictions through the SPAC’s business combination timeline.
Near-term bias toward stability/upside for LOKV as redemption risk is lowered, though magnitude depends on remaining holders’ behavior.
A shareholder-level waiver and transfer lock-up is a concrete closing-support mechanism for SPACs; however, the excerpt doesn’t quantify the number of shares covered or the overall redemption overhang.
Market effects
Reinforces the common SPAC playbook of securing non-redemption commitments to improve closing odds.
Primarily impacts US-listed SPAC sentiment and redemption-risk pricing.
Limited; transaction is company-specific.
Counterpoint
Non-redemption agreements can be offset if other holders still redeem heavily; one shareholder’s waiver may not materially change the aggregate redemption rate.
Key entities
- issuer/SPACLive Oak Acquisition Corp. V
Cayman exempted SPAC (to be domesticated to Delaware) disclosing the non-redemption agreement via 8-K.
- sponsorLive Oak Sponsor V LLC
Sponsor party to the non-redemption agreement.
- targetTeamshares Inc.
Named as the target under the previously disclosed merger agreement referenced in the filing.
