Fintech Company Teamshares Officially Lists on Nasdaq

Fintech Company Teamshares Officially Lists on Nasdaq

Updated at: June 23, 2026 at 10:15 AM

On June 23, 2026, the fintech company Teamshares reached a major milestone by officially listing on the Nasdaq stock exchange.

adjectivefintech
nounTeamshares
nounNasdaq

The company entered the public market through a merger with Live Oak Acquisition Corp.

nounmerger

Following the transition, Teamshares now trades under the ticker symbol 'TMS,' while its warrants are listed as 'TMSWW.'

nounTeamshares

Founded in 2019, Teamshares operates with a unique mission: creating wealth for employees by helping small and medium-sized businesses transition to employee ownership.

nounTeamshares
nounwealth
nounemployee

The company acquires profitable firms from retiring owners and installs management software, enabling employees to earn up to 80% of company stock over two decades without any out-of-pocket investment.

adjectiveprofitable
nounsoftware
noundecade

With operations spanning over 40 industries across the U.S. and consolidated revenues hitting $490 million, Teamshares aims to use its new public status to accelerate its mission.

nounTeamshares

By blending technology with a sustainable succession model, Teamshares is redefining how small businesses thrive through broad-based employee ownership.

nounTeamshares
verbthrive
nounemployee
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Comprehension Questions

On which stock exchange did Teamshares begin trading on June 23, 2026?

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Correct Choice

Nasdaq

What is the primary ticker symbol for Teamshares common stock?

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Correct Choice

TMS

What is the core mission of the Teamshares platform?

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Correct Choice

Creating wealth for employees through employee ownership

Approximately how much of a company's stock can employees earn through the Teamshares program over 20 years?

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Correct Choice

Up to 80%

Which firm led the $126.5 million equity financing round?

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Correct Choice

T. Rowe Price Investment Management

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