Form 8-K for Teamshares INC filed 06/24/2026
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
(State or other jurisdiction
of incorporation)
001-42540
(Commission
File Number)
61-2235506
(IRS Employer
Identification No.)
214 Sullivan Street, 3B
New York, NY 10012
(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, TN 38117
(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 ☒
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 |
Item 7.01 Regulation FD Disclosure
On June 23, 2026, Teamshares announced that its common shares began trading on Nasdaq under the symbol "TMS." This was disclosed in Exhibit 99.1 of this filing. Additionally, an investor presentation can be found at Teamshares' website under the "For Investors" section, and it's included as Exhibit 99.2 here.
About Teamshares
Teamshares is a tech-enabled acquiror of SMEs, intending to be a permanent home for business owners who are retiring. Founded in 2019, Teamshares works to integrate businesses and help employees earn ownership shares. Teamshares operates subsidiaries that collectively reported a revenue of $490 million, spanning across various sectors and states. Learn more at https://www.teamshares.com/investors.
Forward Looking Statements
This press release includes forward-looking statements about the future performance of Teamshares, potential growth, and industry trends. These statements are based on the Company's current expectations and various assumptions, which could lead to actual results differing from those projected.
Financial Overview
| Amounts in Thousands of Dollars | Year Ended December 31, 2025 | Year Ended December 31, 2024 |
|---|---|---|
| Revenue from External Customers | $471,567 | $398,641 |
| Cost of Revenue, Excluding Depreciation | 287,648 | 258,587 |
| EBITDA | $(23,025) | $(43,885) |
| Adjusted EBITDA | $3,849 | $(20,116) |
Disclaimer
This investor presentation provided by Teamshares Inc. is for informational purposes only, and it does not guarantee the accuracy or completeness of the information.