08:37 AM EST, 11/14/2025 (MT Newswires) -- Teamshares has decided to go public in the US through Live Oak Acquisition (LOKV) under a $746 million blank-check agreement, Reuters reported Friday, citing Teamshares Chief Executive Michael Brown.

The transaction is anticipated to generate up to $333 million in proceeds, including a $126 million private investment in public equity anchored by T. Rowe Price (TROW), Reuters said.

Upon deal completion, the combined entity will operate as Teamshares and is expected to trade on Nasdaq under the TMS ticker, the news outlet said.

Shares of Live Oak Acquisition were halted earlier and have yet to resume trading.

Neither Teamshares nor Live Oak immediately responded to MT Newswires' requests for comment.

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