K2 Principal Fund L.P. Buys Shares of 250,000 Live Oak Acquisition Corp. V $LOKVU

K2 Principal Fund L.P. bought a new stake in Live Oak Acquisition Corp. V (NASDAQ:LOKVU) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 250,000 shares of the company’s stock, valued at approximately $2,520,000.

A number of other large investors have also recently added to or reduced their stakes in LOKVU. Wealthspring Capital LLC bought a new position in Live Oak Acquisition Corp. V during the 1st quarter valued at $314,000. Picton Mahoney Asset Management bought a new position in Live Oak Acquisition Corp. V during the 1st quarter valued at $5,041,000. Westchester Capital Management LLC bought a new position in Live Oak Acquisition Corp. V during the 1st quarter valued at $2,016,000. Magnetar Financial LLC bought a new position in Live Oak Acquisition Corp. V during the 1st quarter valued at $17,640,000. Finally, Linden Advisors LP bought a new position in Live Oak Acquisition Corp. V during the 1st quarter valued at $11,088,000.

Live Oak Acquisition Corp. V Stock Performance

NASDAQ LOKVU opened at $10.50 on Friday. Live Oak Acquisition Corp. V has a 12 month low of $10.00 and a 12 month high of $11.75. The company’s fifty day moving average is $10.83.

About Live Oak Acquisition Corp. V

We are a blank check company incorporated on November 27, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.