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GlobeNewswire·

Teamshares Nasdaq ticker changing to TMS on June 23rd, replacing current LOKV ticker

  • Teamshares completed its business combination with Live Oak Acquisition Corp. V (LOKV) on June 18, 2026.
  • Shares of the combined entity are expected to begin trading on Nasdaq on June 23, 2026, under ticker symbols TMS & TMSWW.
  • The combined company will trade under new ticker symbols TMS & TMSWW, replacing the current LOKV & LOKVW symbols.
  • T. Rowe Price Investment Management led a $126.5 million common equity PIPE investment, funded after shareholder approval.
  • Teamshares operates as a tech-enabled acquiror of SMEs, targeting companies with $0.5 to $5 million in EBITDA from retiring owners.
  • The company was founded in 2019 & reports consolidated revenue of $490 million across 40 industries & 30 states.
  • Live Oak Acquisition Corp. V was the fifth SPAC sponsored by Live Oak Merchant Partners.