| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Deferred offering costs | - | 0 | ||
| Cash and cash equivalents | 1,949,131 | 2,177,539 | ||
| Due from sponsor | 713 | 713 | ||
| Prepaid expenses | 119,072 | 149,376 | ||
| Total current assets | 2,068,916 | 2,327,628 | ||
| Long-term prepaid insurance | 35,417 | 56,667 | ||
| Marketable securities held in trust account | 236,758,340 | 234,310,386 | ||
| Total assets | 238,862,673 | 236,694,681 | ||
| Promissory note - related party-Related Party | - | 0 | ||
| Accrued expenses | 296,748 | 237,387 | ||
| Accrued offering costs | 79,615 | 79,615 | ||
| Total current liabilities | 376,363 | 317,002 | ||
| Deferred advisory fee | 6,900,000 | 6,900,000 | ||
| Deferred underwriting fee | 6,900,000 | 6,900,000 | ||
| Total liabilities | 14,176,363 | 14,117,002 | ||
| Class a ordinary shares subject to possible redemption 23,000,000 and no shares at redemption value of 10.29 and 0 per share as of september 30, 2025 and december 31, 2024, respectively | 236,758,340 | 234,310,386 | ||
| Ordinary shares, value-Common Class B | 575 | 575 | ||
| Ordinary shares, value-Common Class A | - | 0 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -12,072,605 | -11,733,282 | ||
| Total shareholders (deficit) equity | -12,072,030 | -11,732,707 | ||
| Total liabilities, class a ordinary shares subject to possible redemption, and shareholders (deficit) equity | 238,862,673 | 236,694,681 | ||
Live Oak Acquisition Corp. V (LOKVU)
Live Oak Acquisition Corp. V (LOKVU)