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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 1)*
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Teamshares Inc. (Name of Issuer) |
COMMON STOCK, PAR VALUE $0.0001 PER SHARE (Title of Class of Securities) |
(CUSIP Number) |
06/30/2026 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
| Rule 13d-1(b) |
| Rule 13d-1(c) |
| Rule 13d-1(d) |
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Live Oak Sponsor V, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
9,624,781.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
12.3 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Richard Hendrix | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
9,624,781.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
12.3 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13G
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| Item 1. | |
| (a) | Name of issuer:
Teamshares Inc. |
| (b) | Address of issuer's principal executive offices:
214 Sullivan Street, 3B, New York, NY 10012 |
| Item 2. | |
| (a) | Name of person filing:
Live Oak Sponsor V, LLC and Richard Hendrix (collectively, the "Reporting Persons") |
| (b) | Address or principal business office or, if none, residence:
4921 William Arnold Road, Memphis TN 38117 |
| (c) | Citizenship:
Live Oak Sponsor V, LLC is a limited liability company formed in Delaware.
Richard Hendrix is a citizen of the United States of America. |
| (d) | Title of class of securities:
COMMON STOCK, PAR VALUE $0.0001 PER SHARE |
| (e) | CUSIP No.:
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| Item 4. | Ownership |
| (a) | Amount beneficially owned:
As of June 18, 2026, following the consummation of the Business Combination and the Domestication, the Sponsor holds 5,124,781 shares of common stock of the Issuer and 4,500,000 warrants to purchase shares of common stock of the Issuer. The Sponsor's 5,750,000 Class B ordinary shares of Live Oak Acquisition Corp. V, converted into shares of Live Oak Class B Common Stock and subsequently into shares of Combined Company Common Stock. In connection with the Closing, the Sponsor transferred an aggregate of 101,790 shares to certain investors in connection with financing transactions pursuant to the Sponsor Letter Agreement, dated as of November 14, 2025, and forfeited an aggregate of 524,105 shares pursuant to the Sponsor Letter Agreement. Richard Hendrix, as managing member of Live Oak Sponsor V, LLC, has voting and investment discretion with respect to the securities held of record by the Sponsor. As such, Mr. Hendrix may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Hendrix disclaims any beneficial ownership except to the extent of his pecuniary interest therein. |
| (b) | Percent of class:
The responses to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by reference.
The percentage of the shares held by the Reporting Persons is based on 73,660,538 shares of common stock of the Issuer issued and outstanding as of the date of this filing, as reported in the Current Report on Form 8-K filed by the Issuer with the Securities and Exchange Commission on June 25, 2026 %
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| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
Live Oak Sponsor V, LLC: 9,624,781;
Richard Hendrix: 0 | |
| (ii) Shared power to vote or to direct the vote:
Live Oak Sponsor V, LLC: 0;
Richard Hendrix: 9,624,781 | |
| (iii) Sole power to dispose or to direct the disposition of:
Live Oak Sponsor V, LLC: 9,624,781;
Richard Hendrix: 0 | |
| (iv) Shared power to dispose or to direct the disposition of:
Live Oak Sponsor V, LLC: 0;
Richard Hendrix: 9,624,781 | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. |
Not Applicable
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| Item 10. | Certifications: |
Not Applicable
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| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Exhibit Information
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99.1 Joint Filing Agreement (incorporated by reference to Exhibit 99.1 to the Reporting Persons' Schedule 13G dated filed with the Securities and Exchange Commission on June 12, 2026). |