Company: TISI
Filing Date: 2025-10-09
Form Type: S-3
Source: 0001193125-25-235868
Chunk: 2

Company: TEAM INC
Filing Date: 2025-10-09
Form: S-3
Chunk 2
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 successors-in-interest. The
1,453,260 shares of common stock being registered includes (A) 982,371 shares of common stock underlying warrants that we issued pursuant to that certain Securities Purchase Agreement, dated September 11, 2025 (the “Purchase
Agreement”), that we entered into with InspectionTech Holdings LP (the “Stellex Holder”), an affiliate of Stellex Capital Management LLC (collectively with the Stellex Holder and its affiliates, “Stellex”), at an
initial exercise price of $23.00 per share, subject to adjustments (the “Tranche A Warrants”), and (B) 470,889 shares of common stock underlying warrants that we issued pursuant to the Purchase Agreement at an initial exercise price of
$50.00 per share, subject to adjustments (the “Tranche B Warrants” and, together with the Tranche A Warrants, the “Warrants”).

We
are not selling any shares of our common stock under this prospectus and will not receive any proceeds from sales of the shares offered by the selling securityholders, although we will incur expenses in connection with the offering. The registration
of the resale of the shares of common stock covered by this prospectus does not necessarily mean that any of the shares will be offered or sold by the selling securityholders. The timing and amount of any sales are within the sole discretion of the
selling securityholders.

The shares of common stock offered under this prospectus may be sold by the selling securityholders through public or private
transactions, on or off the New York Stock Exchange (the “NYSE”), at prevailing market prices or at privately negotiated prices. For more information on the times and manner in which the selling securityholders may sell the shares of
common stock under this prospectus, please see the section entitled “Plan of Distribution,” beginning on page 14 of this prospectus.

Our
common stock is traded on NYSE under the symbol “TISI.”

INVESTING IN OUR COMMON STOCK INVOLVES A HIGH DEGREE OF RISK. YOU SHOULD CAREFULLY REVIEW THE RISKS AND UNCERTAINTIES REFERENCED UNDER THE HEADING “ RISK FACTORS” ON PAGE 5 OF THIS PROSPECTUS AS WELL AS THOSE IN ANY SIMILAR SECTION CONTAINED IN THE APPLICABLE PROSPECTUS SUPPLEMENT, AND IN THE OTHER DOCUMENTS THAT ARE INCORPORATED BY REFERENCE INTO THIS PROSPECTUS OR THE APPLICABLE