Company Description
Teamshares Inc. acquires small businesses from retiring owners and transitions them to employee ownership by installing new leadership and providing ongoing support.
The company grants stock to employees after closing and increases their ownership stake over time. It recruits, trains, and supports new presidents to lead acquired businesses, offering intensive training programs and ongoing leadership mentoring.
Teamshares provides succession planning services, including business evaluations and fast acquisition processes, and supports employee-owned businesses with education, open-book financials training, and operational guidance.
The company also shares resources and guides on topics such as marketing strategies and retail distribution.
Teamshares serves small businesses across various industries, focusing on those with established management structures and employee bases seeking succession solutions.
The company was founded in 2019 and is based in New York.
| Country | United States |
| Founded | 2024 |
| IPO Date | Feb 28, 2025 |
| Industry | Shell Companies |
| Sector | Financials |
| Employees | 140 |
| CEO | Michael Brown |
Contact Details
Address: 214 Sullivan Street, Suite 6B New York, New York 10012 United States | |
| Phone | (516) 916-7844 |
| Website | teamshares.com |
Stock Details
| Ticker Symbol | LOKV |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| IPO Price | $10.00 |
| CIK Code | 2048951 |
| ISIN Number | KYG5509P1028 |
| SIC Code | 5900 |
Key Executives
| Name | Position |
|---|---|
| Richard J. Hendrix | Chairman of the Board and Chief Executive Officer |
| Adam Jeremy Fishman | President, Chief Financial Officer and Director |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jun 22, 2026 | 25-NSE | Filing |
| Jun 22, 2026 | CERT | Certification by an exchange approving securities for listing |
| Jun 22, 2026 | 8-A12B | Registration of securities |
| Jun 22, 2026 | 8-K | Current Report |
| Jun 10, 2026 | 425 | Filing |
| Jun 9, 2026 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Jun 9, 2026 | 425 | Filing |
| Jun 9, 2026 | 8-K | Current Report |
| Jun 9, 2026 | 8-K | Current Report |
| Jun 4, 2026 | SCHEDULE 13G | Filing |