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Teamshares Reaffirms 2026 Outlook After Nasdaq Listing
Live Oak Acquisition Corp. V, which operates as Teamshares, reaffirmed its 2026 outlook during its first earnings call as a public company, targeting $40 million in acquired EBITDA and $60 million in pro forma adjusted EBITDA. Second-quarter revenue rose 20% year over year, while SME segment EBITDA increased 47% to $20 million, and last-12-month pro forma revenue reached $560 million. The company has 10 signed letters of intent representing approximately $30 million of expected SME segment EBITDA, with closings typically taking 90 to 120 days and likely concentrated in the second half of the year. Financing capacity remains the main constraint on acquisition growth, and Teamshares has signed a term sheet for a warehouse facility while evaluating debt-refinancing options to fund acquisitions and support longer-term expansion following its Nasdaq listing.