0001193125-26-281272 | 8-K | iXBRL Viewer | Teamshares INC

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8-K

0002048951false00020489512026-06-232026-06-230002048951dei:FormerAddressMember2026-06-232026-06-230002048951us-gaap:CommonStockMember2026-06-232026-06-230002048951us-gaap:WarrantMember2026-06-232026-06-23

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 23, 2026

TEAMSHARES INC.

(Exact name of registrant as specified in its charter)

Delaware 001-42540 61-2235506
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

214 Sullivan Street, 3B

New York, NY10012

(Address of principal executive offices, including zip code)

516-916-7844

Registrant’s telephone number, including area code

Live Oak Acquisition Corp. V

4921 William Arnold Road

Memphis, TN38117

(901) 270-3107

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading
Symbol(s)
Name of each exchange
on which registered
Common Stock, par value $0.0001 per share TMS The Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share TMSWW The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

On June 23, 2026, Teamshares Inc. (the “Company”) issued a press release announcing that its common stock has begun trading on The Nasdaq Stock Market LLC under the new trading symbol “TMS”. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

On June 24, 2026, the Company posted an investor presentation on its website. The presentation may be found on the Company’s website at www.teamshares.com by selecting “For Investors,” “News & Events” and then “Presentations.” The investor presentation is furnished as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein by reference. Information on the Company’s website does not constitute a part of this Current Report on Form 8-K.

Information in this Item 7.01 and Exhibits 99.1 and 99.2 of Item 9.01 below shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise incorporated by reference into any filing pursuant to the Securities Act of 1933, as amended, or the Exchange Act except as otherwise expressly stated in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit
No.
Description
99.1 Press Release by Teamshares Inc. on June 23, 2026
99.2 Investor Presentation by Teamshares Inc. on June 24, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 24, 2026

TEAMSHARES INC.
By: /s/ Brian Gaebe
Name: Brian Gaebe
Title: Chief Financial Officer

EX-99.1

Exhibit 99.1

Source: Teamshares, Inc.

June 23, 2026 09:15 ET

TMS Begins Trading on Nasdaq Today; Teamshares is the Market-Leading Acquiror of Businesses From Retiring Owners

NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) - Teamshares (Nasdaq: TMS), a tech-enabled acquiror of SMEs, began trading publicly today. Teamshares is the market-leading acquiror of businesses from retiring owners. Teamshares is part holdco, part fintech, and aligns employees through stock ownership.

Teamshares cofounder and CEO Michael Brown said, “We’re proud to be the market leader in buying businesses from retiring owners. Going public provides us with additional financing options to expand our model to thousands of great companies over time.”

Alex Eu, Teamshares cofounder and President, added, “The Teamshares platform is built and it is working to repeatedly transition and grow successful businesses. We believe our unique combination of qualified leaders, financial infrastructure, and shareholder alignment through employee stock ownership is why Teamshares companies have strong, reliable organic growth.”

“Every company we acquire strengthens our proprietary dataset that makes the next acquisition smarter. Our software and AI work across underwriting, operations, and financial oversight, compounding with every transaction. Going public lets us accelerate that flywheel at exactly the moment millions of small business owners are retiring,” said Kevin Shiiba, cofounder and CTO.

About Teamshares

Teamshares is a tech-enabled acquiror of SMEs, intending to be a permanent home when owners retire. Part holdco, part fintech, Teamshares programmatically acquires companies with $0.5 to $5 million of EBITDA from retiring owners, integrates them with the Teamshares platform, and helps employees earn company stock. Founded in 2019, Teamshares operates subsidiaries with consolidated revenue of $490 million across over 40 industries and 30 states. Learn more at Teamshares Investors.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. No representations or warranties, express or implied are given in, or in respect of, this press release. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “potential,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements also include, but are not limited to, statements regarding estimation of the listing. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Teamshares management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although Teamshares believes that it has a reasonable basis for each forward-looking statement contained in this press release, Teamshares cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of Teamshares as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, Teamshares does not undertake any duty to update these forward-looking statements.