Live Oak Acquisition Corp. V Reports $2.1 Million Net Income for Q3 2025

Live Oak Acquisition Corp. V has reported its financial results for the third quarter of 2025, revealing a net income of $2.1 million for the three months ending September 30, 2025. This figure is a significant improvement compared to a net loss of $2.1 million for the nine months ending September 30, 2025, which was primarily driven by operating costs totaling $7.7 million. The company generated $2.4 million in interest income from marketable securities held in its Trust Account during the quarter, contributing to its positive net income for the period.

The company’s financial position has changed markedly since the end of 2024. As of September 30, 2025, Live Oak Acquisition Corp. V reported total assets of $238.9 million, a substantial increase from $67,546 at the end of the previous fiscal year. This growth is largely attributed to the successful completion of its Initial Public Offering (IPO) on March 3, 2025, which raised $230 million. The company also sold 4.5 million Private Placement Warrants, generating an additional $4.5 million. The funds from these offerings have been placed in a Trust Account, which now holds $236.8 million in marketable securities.

Operationally, Live Oak Acquisition Corp. V has not yet commenced any business operations, as it is a blank check company focused on identifying a target for a business combination. The company has incurred general and administrative costs of $339,323 for the quarter and $805,311 for the nine-month period. As of September 30, 2025, the company had cash and cash equivalents of $1.9 million, which it plans to use for identifying and evaluating potential acquisition targets and related due diligence activities.

The company has also reported a total of 23 million Class A ordinary shares and 5.75 million Class B ordinary shares outstanding as of November 12, 2025. The Class A shares are subject to possible redemption at a value of $10.29 per share, reflecting the company’s commitment to providing liquidity to its public shareholders. Live Oak Acquisition Corp. V is classified as a smaller reporting company and an emerging growth company, which allows it to take advantage of certain regulatory exemptions.

Looking ahead, the company is focused on completing its initial business combination within the stipulated 21-month period following its IPO. Live Oak Acquisition Corp. V has indicated that it may seek to extend this period if necessary, subject to shareholder approval. The management remains optimistic about identifying a suitable target and executing a successful business combination, although it acknowledges the inherent risks and uncertainties associated with such transactions.