Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2025

Summary of Significant Accounting Policies [Abstract]

Schedule of Valuation of the Public Warrants

The following table presents the quantitative information regarding market assumptions used in the level 3 valuation of the Public Warrants:

	March 3, 2025
Implied Class A ordinary share price	$	9.91
Exercise price	$	11.50
Simulation term (years)		7
Risk-free rate (continuous)		4.02	%
Selected volatility		2.5	%
Probability of de-SPAC and market adjustment		15.0	%

Schedule of Class A Ordinary Shares Subject to Possible Redemption

As of June 30, 2025, the Class A ordinary shares subject to possible redemption reflected in the condensed balance sheets are reconciled in the following table:

Gross proceeds	$	230,000,000
Less:
Proceeds allocated to Public Warrants		(2,185,000	)
Class A Ordinary shares issuance costs		(7,638,884	)
Plus:
Remeasurement of carrying value to redemption value		11,691,817
Class A Ordinary shares subject to possible redemption, March 31, 2025	$	231,867,933
Plus:
Remeasurement of carrying value to redemption value		2,442,453
Class A Ordinary shares subject to possible redemption, June 30, 2025	$	234,310,386

Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share

The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts):

	Three Months Ended June 30, 2025				Six Months Ended June 30, 2025
	Class A		Class B		Class A			Class B
Basic net income (loss) per share:
Numerator:
Allocation of net income (loss)	$	1,678,529	$	419,632	$	(3,091,201	)	$	(1,114,401	)
Denominator:
Basic weighted average shares outstanding		23,000,000		5,750,000		15,248,619			5,497,238
Basic net income (loss) per ordinary share	$	0.07	$	0.07	$	(0.20	)	$	(0.20	)

	Three Months Ended June 30, 2025				Six Months Ended June 30, 2025
	Class A		Class B		Class A			Class B
Diluted net income (loss) per share:
Numerator:
Allocation of net income (loss)	$	1,678,529	$	419,632	$	(3,053,992	)	$	(1,151,610	)
Denominator:
Diluted weighted average shares outstanding		23,000,000		5,750,000		15,248,619			5,750,000
Diluted net income (loss) per ordinary share	$	0.07	$	0.07	$	(0.20	)	$	(0.20	)

- Definition

Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.

+ References + Details

Live Oak Acquisition Corp. V 10-Q