Spark Capital entities disclose 3.65M Teamshares stake (LOKV)
Rhea-AI Filing Summary
Teamshares Inc. ownership update: Spark Capital entities report beneficial ownership of common stock totaling 3,645,439 shares, based on 71,985,774 shares outstanding as of June 18, 2026. The holdings are held across Spark Capital Growth Fund III, L.P. (3,608,626 shares) and Spark Capital Growth Founders' Fund III, L.P. (36,813 shares), with Spark Growth Management Partners III, LLC acting as general partner and holding shared voting and dispositive power over the reported positions. The filing is a joint Schedule 13G disclosure and states that each named managing member disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insights
Passive institutional stake disclosed; governance influence is shared.
The filing lists 3,608,626 shares held by Spark Capital Growth Fund III, L.P. and 36,813 shares held by Spark Capital Growth Founders' Fund III, L.P.; Spark Growth Management Partners III, LLC is the general partner with shared voting and dispositive power over these positions. The disclosure cites June 18, 2026 and 71,985,774 shares outstanding.
The statement that each manager "disclaims beneficial ownership" is a legal attribution detail; actual control is reported as shared voting and dispositive power. Subsequent filings would clarify any changes to voting arrangements or conversions.
Holdings represent approximately low-single-digit ownership across related entities.
The excerpt shows combined reported positions of 3,645,439 shares, which the filing enumerates by entity and labels with percent figures (e.g., 5.1% next to Spark Growth Management Partners III, LLC). The percent figures reflect the issuer's reported outstanding share base on June 18, 2026.
Whether these holdings imply active engagement or passive investment depends on additional disclosure; this filing is a positional snapshot and does not state any planned transactions or changes in intent.
Key Figures
Key Terms
beneficial ownership regulatory
Joint Filing Agreement regulatory
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