Overview
- TickerTMS on Nasdaq1
- IndustryRetail-Miscellaneous Retail1
- HeadquartersNew York, New York1
- Websitewww.teamshares.com
- Incorporated inDE5
- Business address214 Sullivan Street, 3B, New York, Ny 100125
- Filer category, Emerging growth company5
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Representative”). Teamshares is a tech-enabled acquiror of high-quality businesses, intending to be a permanent home for businesses.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 1 fiscal year, latest first.4
| Period ending | 2025-12-31 |
|---|---|
| General and administrative costs | $2.2M |
| Advisory Fee | $6.9M |
| Loss from operations | -$9.1M |
| Initial loss on PIPE Subscription Agreements liability | -$15.6M |
| Change in fair value of PIPE Subscription Agreements liability | $308.0K |
| Interest earned on marketable securities held in Trust Account | $7.9M |
| Total other income | -$7.4M |
| NET LOSS | -$16.5M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 2 fiscal years (annual) or 2 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash and cash equivalents | $1.3M | |
| Due from Sponsor | $713 | |
| Prepaid expenses | $86.7K | $8.5K |
| Deferred offering costs | $59.0K | |
| Total Current assets | $1.4M | $67.5K |
| Long-term prepaid insurance | $14.2K | |
| Marketable securities held in Trust Account | $239.0M | |
| TOTAL ASSETS | $240.5M | $67.5K |
| Accrued expenses | $1.0M | $2.8K |
| Accrued offering costs | $75.0K | |
| Total Current liabilities | $1.1M | $61.1K |
| PIPE Subscription Agreements liability | $15.3M | |
| Deferred Advisory Fee | $6.9M | |
| Deferred underwriting fee | $6.9M | |
| TOTAL LIABILITIES | $30.2M | $61.1K |
| Class A Ordinary Shares subject to possible redemption; 23,000,000 and no shares at redemption value of $10.39 and $0 per share as of December 31, 2025 and 2024, respectively | $239.0M | |
| Additional paid-in capital | $24.4K | |
| Accumulated deficit | -$28.8M | -$18.6K |
| TOTAL SHAREHOLDERS EQUITY (DEFICIT) | -$28.8M | $6.4K |
| TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS EQUITY (DEFICIT) | $240.5M | $67.5K |
| Preference shares, par value (in Dollars per share) | $0.00 | $0.00 |
| Preference shares, shares authorized (in Shares) | 5.0M shares | 5.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash and cash equivalents | $1.3M | |
| Due from Sponsor | $713 | |
| Prepaid expenses | $86.7K | $8.5K |
| Deferred offering costs | $59.0K | |
| Total Current assets | $1.4M | $67.5K |
| Long-term prepaid insurance | $14.2K | |
| Marketable securities held in Trust Account | $239.0M | |
| TOTAL ASSETS | $240.5M | $67.5K |
| Accrued expenses | $1.0M | $2.8K |
| Accrued offering costs | $75.0K | |
| Total Current liabilities | $1.1M | $61.1K |
| PIPE Subscription Agreements liability | $15.3M | |
| Deferred Advisory Fee | $6.9M | |
| Deferred underwriting fee | $6.9M | |
| TOTAL LIABILITIES | $30.2M | $61.1K |
| Class A Ordinary Shares subject to possible redemption; 23,000,000 and no shares at redemption value of $10.39 and $0 per share as of December 31, 2025 and 2024, respectively | $239.0M | |
| Additional paid-in capital | $24.4K | |
| Accumulated deficit | -$28.8M | -$18.6K |
| TOTAL SHAREHOLDERS EQUITY (DEFICIT) | -$28.8M | $6.4K |
| TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS EQUITY (DEFICIT) | $240.5M | $67.5K |
| Preference shares, par value (in Dollars per share) | $0.00 | $0.00 |
| Preference shares, shares authorized (in Shares) | 5.0M shares | 5.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 1 fiscal year, latest first.4
| Period ending | 2025-12-31 |
|---|---|
| Net loss | -$16.5M |
| Payment of expenses through IPO Promissory Note related party | $2.3K |
| Interest earned on marketable securities held in Trust Account | -$7.9M |
| Initial loss on PIPE Subscription Agreements liability | $15.6M |
| Change in fair value of PIPE Subscription Agreements liability | -$308.0K |
| Prepaid expenses | -$83.4K |
| Long-term prepaid insurance | -$14.2K |
| Accrued expenses | $1.0M |
| Advisory Fee payable | $6.9M |
| Net cash used in operating activities | -$1.3M |
| Investment of cash into Trust Account | -$231.2M |
| Net cash used in investing activities | -$231.2M |
| Proceeds from sale of Units, net of underwriting discounts paid | $229.8M |
| Proceeds from sale of Private Placements Warrants | $4.5M |
| Repayment from Sponsor | -$713 |
| Repayment of IPO Promissory Note - related party | -$176.6K |
| Payment of offering costs | -$317.9K |
| Net cash provided by financing activities | $233.8M |
| Net change in cash and cash equivalents | $1.3M |
| Deferred offering costs paid through IPO Promissory Note related party | $116.0K |
| Offering costs included in accrued offering costs | $82.1K |
| Deferred underwriting fee payable | $6.9M |
| Deferred offering costs applied to prepaid expense | $5.2K |
No quarter-by-quarter statement was filed.
Corporate structure
Teamshares sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Teamshares
- T. Rowe Price Investment Management, Inc. Filed SCHEDULE 13G on Teamshares, latest Sep 8, 2026
- Magnetar Financial LLC Filed SCHEDULE 13G/A on Teamshares, latest Sep 4, 2026 (2 filings since May 9, 2025)
- ARISTEIA CAPITAL, L.L.C. Filed SCHEDULE 13G/A on Teamshares, latest Aug 14, 2026 (2 filings since May 15, 2025)
- Harraden Circle Investments, LLC Filed SCHEDULE 13G/A on Teamshares, latest Aug 14, 2026 (2 filings since Jun 4, 2026)
- TENOR CAPITAL MANAGEMENT Co., L.P. Filed SCHEDULE 13G/A on Teamshares, latest Aug 14, 2026 (2 filings since Mar 7, 2025)
- Hudson Bay Capital Management LP Filed SCHEDULE 13G on Teamshares, latest Aug 10, 2026
- Live Oak Sponsor V, LLC Filed SCHEDULE 13G/A on Teamshares, latest Jul 8, 2026 (2 filings since Feb 12, 2026)
- Slow Ventures, LLC Filed SCHEDULE 13G on Teamshares, latest Jul 2, 2026
- Inspired Capital Partners I, L.P. Filed SCHEDULE 13G on Teamshares, latest Jun 29, 2026
- Khosla Ventures VII, L.P. Filed SCHEDULE 13G on Teamshares, latest Jun 26, 2026
- QED Growth Fund, LP Filed SCHEDULE 13G on Teamshares, latest Jun 26, 2026
- Spark Capital Growth Fund III, L.P. Filed SCHEDULE 13G on Teamshares, latest Jun 26, 2026
- Teamshares New York, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Teamshares reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
Properties, in its own words
Our executive offices are located at 4921 William Arnold Road, Memphis, TN 38117, and our telephone number is (901) 270-3107. The cost for our use of this space is included in the $17,500 per month fee we pay to LOMP, an affiliate of our Sponsor for certain office space, utilities and secretarial and administrative support, pursuant to the Administrative Services Agreement. We consider our current office space adequate for our current operations.
Item 2 of the 10-K filed Mar 30, 2026.6
Leadership
Who has led Teamshares, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerRichard J. Hendrix Feb 27, 2025 to now10
- PresidentAlexander Zai De Eu Jun 23, 2026 to now11
- PresidentAdam J. Fishman Feb 27, 2025 to Jun 23, 202612
- Chief financial officerBrian Gaebe Jun 23, 2026 to now13
- Chief financial officerAdam J. Fishman Feb 27, 2025 to Jun 23, 202612
- Chief operating officerMadhuri Kommareddi Jun 23, 2026 to now14
Board members and other officers (9)
- Chief Technology OfficerKevin Rikio Shiiba Jun 23, 2026 to now15
- Board memberSomsak Chivavibul Mar 3, 2026 to now16
- Board memberAlexander Zai De Eu Jun 23, 2026 to now11
- Board memberEvan Charles Moore Jun 23, 2026 to now17
- Board memberAdam J. Fishman Feb 27, 2025 to now12
- Board memberAndrea K. Tarbox Feb 27, 2025 to now18
- Board memberJonathan R. Furer Feb 27, 2025 to now19
- Board memberM. Ashton Hudson Feb 27, 2025 to now20
- Board memberRichard J. Hendrix Feb 27, 2025 to now10
Former names
- Live Oak Acquisition Corp. VJan 10, 2025 to Jun 23, 20265
Timeline
- Sep 23, 20268-K Entered a material agreement; Unregistered sale of shares; Change to shareholders' rights21
- Aug 14, 20268-K Results of operations; Regulation FD disclosure22
- Jun 25, 20268-K Entered a material agreement; Completed an acquisition or sale; Unregistered sale of shares23
- Jun 24, 20268-K Regulation FD disclosure24
- Jun 22, 20268-K Shareholder vote; Other events25
- Jun 9, 20268-K Other events26
- Jun 9, 20268-K Entered a material agreement27
- Jun 2, 20268-K Entered a material agreement28
- Jun 1, 20268-K Entered a material agreement29
- Jun 2026Went public Listed on NASDAQ1
- May 29, 20268-K Other events30
- May 13, 20268-K Entered a material agreement31
- May 1, 20268-K Other events32
- Feb 27, 2025New chief executive Richard J. Hendrix becomes CEO10
- 2019Founded Founded1
Calendar
Coming up
- Nov 13, 2026Reports results for the quarter ending Sep/202633
When it reported results
- Aug 14, 2026Reported quarterly or annual results22
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
152 filings to the SEC since October 2021: 1 annual reports, 5 quarterly reports, 22 major events, 26 insider forms, 27 large holders, 71 other. The latest 20:
- Oct 8, 20264 EDGAR
- Oct 8, 20264 EDGAR
- Oct 8, 20264 EDGAR
- Sep 23, 2026424B3 EDGAR
- Sep 23, 20268-K EDGAR
- Sep 8, 2026SCHEDULE 13G EDGAR
- Sep 4, 2026SCHEDULE 13G/A EDGAR
- Aug 20, 2026S-8 EDGAR
- Aug 17, 2026424B3 EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 14, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 10, 2026SCHEDULE 13G EDGAR
- Aug 3, 2026424B3 EDGAR
- Jul 31, 2026EFFECT EDGAR
- Jul 29, 2026S-1 EDGAR
- Jul 17, 2026DRS EDGAR
- Jul 8, 2026SCHEDULE 13G/A EDGAR
The 152 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- T. Rowe Price Investment Management, Inc.SCHEDULE 13G, 1 filing Sep 8, 202634
- Magnetar Financial LLCSCHEDULE 13G/A, 2 filings May 9, 2025 to Sep 4, 202635
- ARISTEIA CAPITAL, L.L.C.SCHEDULE 13G/A, 2 filings May 15, 2025 to Aug 14, 202636
- Harraden Circle Investments, LLCSCHEDULE 13G/A, 2 filings Jun 4, 2026 to Aug 14, 202637
- TENOR CAPITAL MANAGEMENT Co., L.P.SCHEDULE 13G/A, 2 filings Mar 7, 2025 to Aug 14, 202638
- Hudson Bay Capital Management LPSCHEDULE 13G, 1 filing Aug 10, 202639
- Live Oak Sponsor V, LLCSCHEDULE 13G/A, 2 filings Feb 12, 2026 to Jul 8, 202640
- Slow Ventures, LLCSCHEDULE 13G, 1 filing Jul 2, 202641
- Inspired Capital Partners I, L.P.SCHEDULE 13G, 1 filing Jun 29, 202642
- Khosla Ventures VII, L.P.SCHEDULE 13G, 1 filing Jun 26, 202643
- QED Growth Fund, LPSCHEDULE 13G, 1 filing Jun 26, 202644
- Spark Capital Growth Fund III, L.P.SCHEDULE 13G, 1 filing Jun 26, 202645
- USV 2019, LPSCHEDULE 13G, 1 filing Jun 26, 202646
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUNDSCHEDULE 13G/A, 2 filings May 14, 2025 to Feb 13, 202647
- Sculptor Capital LPSCHEDULE 13G, 3 filings Mar 10, 2025 to Jan 9, 202648
- BarclaysSCHEDULE 13G/A, 2 filings Aug 12, 2025 to Nov 12, 202549
- AQR CAPITAL MANAGEMENT LLCSCHEDULE 13G/A, 2 filings May 13, 2025 to Aug 13, 202550
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Hudson Bay Capital Management LP | 4,000,000 | $32.9M | 0.2% | New |
| StepStone Group LP | 1,999,971 | $16.4M | 0.8% | New |
| Euclidean Capital LLC | 1,099,974 | $9.0M | 2.1% | New |
| Alyeska Investment Group, L.P. | 543,748 | $4.5M | 0.0% | New |
| Harraden Circle Investments, LLC | 479,167 | $3.9M | 0.5% | New |
| Round Rock Advisors LLC | 277,236 | $2.3M | 0.3% | New |
| Healthcare Of Ontario Pension Plan Trust Fund | 276,000 | $2.3M | 0.0% | New |
| Cannell & Spears LLC | 82,525 | $678.4K | 0.0% | New |
| K2 Principal Fund, L.P. | 34,254 | $281.6K | 0.1% | New |
| Millennium Management LLC | 23,798 | $195.6K | 0.0% | New |
| Notable Capital Management, L.l.c. | 21,207 | $174.3K | 0.3% | New |
| Geode Capital Management, LLC | 16,130 | $132.6K | 0.0% | New |
| T. Rowe Price Investment Management, Inc. | 13,043,478 | $107.2K | 0.1% | New |
| UBS Group AG | 1,556 | $12.8K | 0.0% | New |
| JNBA Financial Advisors | 1,025 | $8.4K | 0.0% | New |
| Morgan Stanley | 49 | $403 | 0.0% | New |
| Jpmorgan Chase & Co | 3 | $26 | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Teamshares is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARTeamshares Inc2
- CIK0002048951
- Employer ID (EIN)61-22355066
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company6
- Incorporated inCayman Islands6
- Fiscal year endsDecember 312
- Industry code (SIC)5900 Retail-Miscellaneous Retail2
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
- Business address214 Sullivan Street, 3B, New York, NY 100122
- Phone(917) 310-27312
- Shares outstanding23,000,000 Common Class A shares; 5,750,000 Common Class B shares as of Mar 30, 20266
- Public float$246.1M as of Jun 30, 20256
- AuditorWithumSmith+Brown, PC, New York, New York PCAOB ID 100; no auditor attestation of internal control over financial reporting6
- On EDGAR sinceJan 10, 20252
- Filings152 in all: 425 (29), 8-K (20), SCHEDULE 13G (18), 3 (14), 4 (12), SCHEDULE 13G/A (9), CORRESP (7), 10-Q (5)2
All 26 form types
424B3 (5), DEFA14A (4), EFFECT (3), S-1/A (3), S-4/A (3), UPLOAD (3), 8-A12B (2), 8-K/A (2), CERT (2), DRS (2), S-1 (2), 10-K (1), 25-NSE (1), 424B4 (1), DEFM14A (1), DRS/A (1), S-4 (1), S-8 (1)
- Latest filingsAnnual report (10-K) Mar 30, 2026
Quarterly report (10-Q) Aug 14, 2026
Latest 8-K (8-K) Sep 23, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Units, each consisting of one Class A Ordinary Share and one-half of one redeemable Warrant | LOKVU | Nasdaq |
| Class A Ordinary Shares, par value $0.0001 per share | LOKV | Nasdaq |
| Warrants, each whole Warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share | LOKVW | Nasdaq |
From the cover page of the 10-K filed Mar 30, 2026 (Section 12(b) of the Exchange Act).6
Risk factors and legal proceedings
The risks Teamshares names in Item 1A of its 10-K filed Mar 30, 2026: 7 risks under these headings, as written.6
- Risks Relating to our Search for, and Consummation of or Inability to Consummate, a Business Combination
- Risks Relating to the Post-Business Combination Company
- Risks Relating to Acquiring or Operating a Business in Foreign Countries
- Risks Relating to our Management Team
- Risks Relating to our Securities and Shareholder Rights
- Certain agreements related to the Initial Public Offering may be amended, or their provisions waived, without shareholder approval.
- There is substantial doubt about our ability to continue as a “going concern.”
- We may seek to extend the Combination Period, which could reduce the amount held in our Trust Account and have adverse effects on our Company.
- We have identified material weaknesses in our internal control over financial reporting as of December 31, 2025. If we are unable to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results in a timely manner, which may adversely affect investor confidence in us and materially and adversely affect our business and operating results.
- Our search for an initial Business Combination, and any target business with which we may ultimately consummate an initial Business Combination, may be materially adversely affected by current global geopolitical conditions and armed conflicts in the Ukraine and Russia and in the Middle East between United States, Israel and Iran and others, as well as by other events that are outside of our control.
- Military or other conflicts in Ukraine, between the United States, Israel and Iran and others and other in the Middle East and Southwest Asia or other armed hostilities may lead to increased volume and price volatility for publicly traded securities, or affect the operations or financial condition of potential target companies, which could make it more difficult for us to consummate an initial Business Combination.
Legal proceedings
To the knowledge of our Management Team, there is no material litigation currently pending or contemplated against us, any of our subsidiaries, any of our officers or directors in their capacity as such, or against any of our property.
The opening of Item 3, Legal Proceedings.6
Links
- Websitewww.teamshares.com1
- X (Twitter)x.com/Teamshares1
- Instagramwww.instagram.com/teamshares1
- YouTubewww.youtube.com/channel/UCTkO-iqSiXtcqmGDxYsPjeQ1
- LinkedInwww.linkedin.com/company/teamshares1
- WikidataQ135439256
- SEC EDGARCIK 2048951
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataTeamshares on Wikidata
- 2SEC EDGARTeamshares filings on SEC EDGAR
- 3Company websiteTeamshares logo
- 4SEC EDGARTeamshares 10-K for fiscal 2025
- 5SEC EDGARTeamshares filings on SEC EDGAR
- 6
- 7SEC EDGARTeamshares 10-Q for fiscal 2026
- 8SEC EDGARTeamshares 10-Q for fiscal 2025
- 9SEC EDGARTeamshares 10-Q for fiscal 2026
- 10
- 11SEC EDGARAlexander Zai De Eu, President
- 12SEC EDGARAdam J. Fishman, President
- 13SEC EDGARBrian Gaebe, Chief financial officer
- 14
- 15
- 16SEC EDGARSomsak Chivavibul, Board member
- 17SEC EDGAREvan Charles Moore, Board member
- 18SEC EDGARAndrea K. Tarbox, Board member
- 19SEC EDGARJonathan R. Furer, Board member
- 20SEC EDGARM. Ashton Hudson, Board member
- 21
- 22
- 23
- 24SEC EDGARRegulation FD disclosure
- 25SEC EDGARShareholder vote; Other events
- 26SEC EDGAROther events
- 27SEC EDGAREntered a material agreement
- 28SEC EDGAREntered a material agreement
- 29SEC EDGAREntered a material agreement
- 30SEC EDGAROther events
- 31SEC EDGAREntered a material agreement
- 32SEC EDGAROther events
- 33NasdaqNasdaq calendar
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