Here are the 424B prospectus supplements from Teamshares Inc. (TMS) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow TMS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TMS filings page.
Teamshares Inc. (TMS)'s prospectus covers a primary offering of 16,000,000 shares of Common Stock and a secondary offering of 19,663,254 shares of Common Stock, plus 4,500,000 warrants and 4,500,000 shares issuable upon their exercise.
On September 23, 2026, Teamshares issued and sold 225,000 Series A Preferred Stock shares for an aggregate purchase price of $222.75 million, or $990 per share. The perpetual, non-voting, non-convertible shares rank senior to Common Stock and accrue cumulative dividends at 16.0% per annum in cash or 18.0% paid in kind, stepping down to 14.5% in cash or 17.5% paid in kind after specified financial tests. The company may sell up to $75 million in additional aggregate liquidation preference on the same terms. A covenant requires the company and its subsidiaries to maintain a minimum of $150 million of unrestricted cash and cash equivalents until refinancing or repayment of the existing credit facility.
Teamshares Inc. is updating its S-1 prospectus to incorporate its latest quarterly results while registering a mixed offering consisting of a primary sale of 16,000,000 shares of common stock, a secondary sale of 19,663,254 shares, 4,500,000 warrants, and 4,500,000 shares issuable upon warrant exercise. Common stock and warrants trade on Nasdaq as TMS and TMSWW, which closed at $9.13 and $1.48 on August 14, 2026. For the quarter ended June 30, 2026, revenue was $148.7 million, up from $123.6 million a year earlier, and net income attributable to Teamshares was $9.2 million versus a prior-year loss. Cash and cash equivalents rose to $113.4 million, helped by a June 2026 SPAC merger that brought in $83.4 million of net cash. Total assets were $615.7 million and total debt $286.2 million.
The company discloses a going concern uncertainty: it has incurred negative operating cash flows and expects additional losses, and about $187.8 million of debt matures within 12 months of issuance of these financials, with current liquidity and forecast cash flows insufficient to repay it. Management is pursuing refinancing and potential capital raises but notes no assurance these plans will succeed.
Teamshares Inc. has filed a mixed primary and resale shelf registration covering up to 16,000,000 shares of common stock issuable upon exercise of 16,000,000 warrants (4,500,000 private and 11,500,000 public) and a secondary offering of 19,663,254 shares of common stock plus 4,500,000 warrants held by selling securityholders. The resale shares equal about 26.7% of shares outstanding, creating potential stock overhang and volatility as lock-ups expire.
Teamshares will receive no proceeds from resale by selling holders, but would receive up to $184.0 million in cash if all warrants are exercised at $11.50, though cashless exercises would reduce this. Common stock and warrants trade on Nasdaq as “TMS” and “TMSWW,” which closed at $5.75 and $1.25 on July 27, 2026, below the warrant strike. Teamshares is an acquisition platform for small and mid-sized U.S. businesses, reporting over $400 million in consolidated revenue across more than 40 industries and 30 states, and completed a $525 million business combination with Live Oak Acquisition Corp. V that issued 52,500,000 shares plus up to 6,000,000 potential earnout shares tied to future share-price targets.