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LOKVU

Live Oak Acquisition Corp. V Units

LOKVU

Live Oak Acquisition Corp. V Units • NASDAQ
$10.68 ▲ 0.00% (+0.00)
Market Cap $306.13 M
52w High $11.75
52w Low $10.00
Dividend Yield 0%
P/E 0
Volume 1.19K
Outstanding Shares 28.66M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $339.323K ▼ $2.109M ▲ 0% $0.092 ▲ $0 ▲
Q2-2025 $0 $344.292K ▼ $2.098M ▲ 0% $0.07 ▲ $-344.292K ▲
Q1-2025 $0 $7.022M ▲ $-6.304M ▼ 0% $-0.5 ▼ $-7.022M ▼
Q4-2024 $0 $18.571K $-18.571K 0% $-0.001 $-18.571K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.949M ▼ $238.863M ▲ $14.176M ▲ $-12.072M ▼
Q2-2025 $2.178M ▼ $236.695M ▲ $14.117M ▲ $222.578M ▲
Q1-2025 $2.249M $234.378M $13.898M $220.48M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $2.098M ▲ $-67.968K ▲ $0 ▲ $-3.205K ▼ $-71.173K ▼ $-67.97K ▲
Q1-2025 $-6.304M $-363.879K $-231.15M $233.763M $2.249M $-363.879K

Five-Year Company Overview

Income Statement

Income Statement LOKVU is a blank-check company, so the income statement is largely a formality at this stage. There is no real revenue or operating business yet, and results mainly reflect listing, legal, and administrative costs. That’s why you see a small loss per share but no actual sales or operating profit. Until the merger with Teamshares closes and the combined company reports as one entity, historical income data for LOKVU on its own doesn’t tell you much about the future economics of the business. The real earnings story will depend almost entirely on Teamshares’ ability to grow the profitability of the small businesses it acquires over time.

Balance Sheet

Balance Sheet For a SPAC like LOKVU, the balance sheet is usually dominated by cash raised in the IPO and matching liabilities related to shareholder redemption rights. The provided data show no meaningful assets, debt, or equity, which suggests the pre-merger financials are more accounting placeholders than a reflection of operating strength. In practice, the true balance-sheet health will hinge on how much cash is left in the trust after redemptions, what new capital comes in with the deal, and the assets and liabilities Teamshares brings into the merger. The current LOKVU-only balance sheet is therefore not a useful guide to long-term financial stability.

Cash Flow

Cash Flow Current cash flows for LOKVU are typical for a SPAC: there is no operating cash coming in from a business, and cash usage is focused on covering the cost of staying public and completing the merger process. Free cash flow is not meaningful yet because there is no operating engine behind it. After the combination with Teamshares, the cash flow profile will change completely. At that point, the key questions will be whether the acquired small businesses generate steady, predictable cash and whether Teamshares can reinvest that cash efficiently into more acquisitions and platform development without becoming overly reliant on external funding.

Competitive Edge

Competitive Edge On its own, LOKVU does not have a traditional competitive position; it is a financial vehicle. The relevant competitive dynamics are those of Teamshares, the company it plans to bring public. Teamshares operates in a niche between traditional private equity, business brokers, and small-business lenders. Its focus on succession solutions for retiring small-business owners and gradual employee ownership is unusual and socially appealing, which can help it stand out when competing for acquisitions. The integrated support platform and financial products deepen relationships with acquired companies and can create switching costs. However, Teamshares still competes indirectly with private equity firms, search-fund buyers, local buyers, and family successors. The model’s success depends on whether it can consistently win deals at attractive terms and then run those businesses better over time than more conventional buyers could.

Innovation and R&D

Innovation and R&D As a SPAC, LOKVU itself has no meaningful research and development. The innovation story is almost entirely about Teamshares. Teamshares’ edge lies in using technology and data to industrialize the acquisition and support of small businesses: proprietary deal-sourcing and underwriting software, AI-driven analysis, and a central platform for ongoing services. Over time, the network of acquired companies feeds more data into the system, which can sharpen decision-making and create a reinforcing loop of better underwriting and operations. The company is also innovating on the product side, building a suite of financial services—such as digital banking, cards, and insurance—tailored specifically to its own network of employee-owned firms. If widely adopted, this can create a tightly woven ecosystem that is hard for rivals to replicate. The main risks are execution: scaling acquisitions without sacrificing quality, integrating many different small firms, and proving that the employee-ownership model consistently improves performance in practice, not just in theory.

Summary

LOKVU’s standalone financials are typical for a SPAC: no real revenue, modest losses, and limited insight into long-term performance. The balance sheet and cash flows you see today mainly reflect its role as a temporary shell rather than an operating company. The real story is the pending merger with Teamshares. Teamshares targets a large, under-served problem—succession for retiring small-business owners—and combines a mission-driven employee-ownership model with a highly data- and software-driven approach. Its potential advantages come from first-mover positioning in this niche, growing network effects across many acquired businesses, and a toolkit of integrated financial and operational services. Key things to watch going forward include: how much capital the combined company has after redemptions, how quickly and prudently it can scale acquisitions, whether employee ownership translates into better business performance, and how successfully it rolls out and monetizes its financial products. Until post-merger results are available, any view of long-term profitability and stability remains highly dependent on assumptions and execution quality rather than on the current LOKVU financials.