T
Teamshares Inc
Period
FY 2025
Revenue
—
Net Income
$-16.50M
Total Assets
$240.47M
Equity
$-28.75M
Shares Out
—
Op. Cash Flow
$-1.28M
Business
Teamshares Inc is a foreign private issuer in Miscellaneous Retail, headquartered in the United States. Shares trade on Nasdaq under the ticker LOKVU.
Auto-generated from company profile
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| General and administrative costs | 2 | |
| Advisory Fee | 7 | |
| Loss from operations | −9 | |
| Initial loss on PIPE Subscription Agreements liability | −16 | |
| Change in fair value of PIPE Subscription Agreements liability | 307,964 | |
| Interest earned on marketable securities held in Trust Account | 8 | |
| Total other income | −7 | |
| NET LOSS | −16 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-11-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1 | — | — | |
| Due from Sponsor | 713 | — | — | |
| Prepaid expenses | 86,667 | 8,502 | — | |
| Deferred offering costs | — | 59,044 | — | |
| Total Current assets | 1 | 67,546 | — | |
| Long-term prepaid insurance | 14,167 | — | — | |
| Marketable securities held in Trust Account | 239 | — | — | |
| TOTAL ASSETS | 240 | 67,546 | — | |
| Accrued expenses | 1 | 2,750 | — | |
| Accrued offering costs | 75,000 | — | — | |
| Total Current liabilities | 1 | 61,117 | — | |
| PIPE Subscription Agreements liability | 15 | — | — | |
| Deferred Advisory Fee | 7 | — | — | |
| Deferred underwriting fee | 7 | — | — | |
| TOTAL LIABILITIES | 30 | 61,117 | — | |
| COMMITMENTS AND CONTINGENCIES (Note 6) | — | — | — | |
| Class A Ordinary Shares subject to possible redemption; 23,000,000 and no shares at redemption value of $10.39 and $0 per share as of December 31, 2025 and 2024, respectively | 239 | — | — | |
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding as of December 31, 2025 and 2024 | — | — | — | |
| Additional paid-in capital | — | 24,425 | — | |
| Accumulated deficit | −29 | −18,571 | — | |
| TOTAL SHAREHOLDERS EQUITY (DEFICIT) | −29 | 6,429 | — | |
| TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS EQUITY (DEFICIT) | 240 | 67,546 | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Payment of formation costs included in general and administrative expenses through IPO Promissory Note related party | — | |
| Payment of expenses through IPO Promissory Note related party | 2,251 | |
| Prepaid expenses | −83,371 | |
| Long-term prepaid insurance | −14,167 | |
| Accrued expenses | 1 | |
| Advisory Fee payable | 7 | |
| Net cash used in operating activities | −1 | |
| Investment of cash into Trust Account | −231 | |
| Net cash used in investing activities | −231 | |
| Proceeds from sale of Units, net of underwriting discounts paid | 230 | |
| Proceeds from sale of Private Placements Warrants | 5 | |
| Repayment from Sponsor | −713 | |
| Repayment of IPO Promissory Note - related party | −176,573 | |
| Payment of offering costs | −317,943 | |
| Net cash provided by financing activities | 234 | |
| Net change in cash and cash equivalents | 1 | |
| Prepaid expenses paid through IPO Promissory Note related party | — | |
| Deferred offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares | — | |
| Deferred offering costs paid through IPO Promissory Note related party | 115,955 | |
| Offering costs included in accrued offering costs | 82,107 | |
| Deferred underwriting fee payable | 7 | |
| Deferred offering costs applied to prepaid expense | 5,206 |
Filings
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Frequently asked questions
What is Teamshares Inc's CIK number?
Teamshares Inc's SEC CIK number is 0002048951 (2048951). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Teamshares Inc's SEC filings?
All of Teamshares Inc's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.