Here are the S-1 registration statements 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.
An S-1 covers the registration statement a company files to sell shares publicly, 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. is registering a mixed shelf covering up to 16,000,000 newly issued shares of common stock issuable upon warrant exercises and 19,663,254 existing shares, plus 4,500,000 warrants, for resale by selling securityholders.
The company will receive cash only if holders exercise warrants for cash; full cash exercise could raise about $184.0 million at a current exercise price of $11.50 per share, while no proceeds are received from resale securities. Registered resale shares equal roughly 26.7% of common stock outstanding, creating potential stock overhang.
Teamshares operates as a tech-enabled acquirer of SMEs with $0.5–$5 million of EBITDA, reporting over $400 million in consolidated revenue across more than 40 industries and 30 states. The business recently closed a SPAC merger with aggregate consideration of $525.0 million paid in stock and options and remains highly acquisition- and debt-dependent, with a need to refinance a sizable credit facility by late 2026. Significant earnout and founder share structures tie additional equity issuance to future share-price performance.