Market Movers (8-K)
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Tile Shop Holdings, Inc. announced an anticipated aggregate payment of approximately $32.0 million to stockholders cashed out as a result of its recent 1-for-3,000 reverse stock split.
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Tile Shop Holdings, Inc. announced its voluntary delisting from Nasdaq and deregistration from the SEC, following a 1-for-3,000 reverse stock split and immediate 3,000-for-1 forward stock split, effectively cashing out small shareholders.
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Tile Shop Holdings, Inc. announced a reverse-forward stock split to facilitate delisting from Nasdaq, cashing out shareholders with fewer than 3,000 shares, and entered a cooperation agreement with major investor Fund 1.
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Tile Shop Holdings, Inc. announced a net loss of $1.6 million for Q3 2025, alongside a plan to delist from Nasdaq and deregister its common stock.
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Tile Shop Holdings, Inc. announces a plan to delist from Nasdaq and terminate SEC reporting obligations via a reverse and forward stock split, cashing out smaller shareholders.
Capital raise
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Tile Shop Holdings, Inc. reported a significant drop in second-quarter net income and adjusted EBITDA, driven by decreased net sales and lower gross margins.
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Quarterly Earnings (10-Q)
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Tile Shop Holdings, Inc. reported a net loss for the third quarter and nine months ended September 30, 2025, alongside plans to delist from Nasdaq and go private to reduce public company costs.
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Capital raise
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Tile Shop Holdings, Inc. reported a significant decline in net income and sales for the second quarter and first half of 2025, driven by lower store traffic and increased discounting.
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Tile Shop Holdings experienced a decrease in net sales for the first quarter of 2025, but saw a slight improvement in gross margin.
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Tile Shop Holdings experienced a decrease in net sales for the third quarter of 2024, but improved its gross margin rate despite ongoing economic challenges.
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Tile Shop Holdings experienced a decrease in net sales for the second quarter of 2024, but improved its gross margin rate despite ongoing economic challenges.
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Tile Shop Holdings experienced a decrease in net sales and comparable store sales in the first quarter of 2024, while also improving gross margin and reducing operating expenses.
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Annual Reports (10-K)
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Tile Shop Holdings, Inc. has completed its delisting from Nasdaq and deregistration with the SEC, transitioning to a private company after a reverse-forward stock split.
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Capital raise
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Tile Shop Holdings experienced a decrease in net sales for fiscal year 2024, but improved its gross margin rate amid a changing economic landscape.
Worse than expected
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Tile Shop Holdings experienced a decrease in net sales and operating income in 2023, alongside a reduction in inventory and a shift in sourcing strategies.
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Insider Trading (Form 4)
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Tile Shop Holdings' Senior VP, CFO, and Secretary, Mark Burton Davis, reported the disposition of common stock to satisfy tax withholding obligations related to restricted stock vesting.
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Joseph Kinder, SVP and Chief Merchant Officer at Tile Shop Holdings, Inc., sold shares to cover tax liabilities related to restricted stock vesting.
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Tile Shop Holdings CEO Cabell Lolmaugh disposed of 3,432 shares of common stock to cover tax withholding obligations related to restricted stock vesting.
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Joseph Kinder, SVP and Chief Merchant Officer of Tile Shop Holdings, reported beneficial ownership of common stock and stock options, including new grants and vesting schedules.
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Tile Shop Holdings' SVP, Chief Merchant Officer Joseph Kinder, forfeited 17,362 shares of performance-based restricted stock due to unmet targets.
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Tile Shop Holdings' CFO, Mark Burton Davis, forfeited 18,840 shares of unvested performance-based restricted stock due to unmet company performance targets.
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Proxy Statements (Def-14A)
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Tile Shop Holdings plans a reverse/forward stock split to delist from Nasdaq and cease SEC reporting, offering $6.60 per share to small stockholders.
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Tile Shop Holdings, Inc. announced a plan to delist from Nasdaq and terminate SEC reporting obligations through a reverse and forward stock split, cashing out smaller shareholders.
Capital raise
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Tile Shop Holdings, Inc. announces its 2025 Annual Meeting of Stockholders to be held virtually on June 3, 2025, outlining key proposals for shareholder voting.
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Tile Shop Holdings will hold its annual shareholder meeting virtually on June 3, 2025, to vote on director elections, auditor ratification, and executive compensation.
Worse than expected
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DEFA14A: Tile Shop Holdings, Inc. Sets Date for 2024 Annual Meeting, Outlines Proposals for Stockholder Vote
Tile Shop Holdings, Inc. announces its 2024 Annual Meeting of Stockholders to be held virtually on June 18, 2024, with voting open until June 17, 2024, covering the election of directors, ratification of the accounting firm, and executive compensation.
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Tile Shop Holdings will hold its annual shareholder meeting virtually on June 18, 2024, to vote on director elections, auditor ratification, and executive compensation.
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Schedule 13D - Activist Investments
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An amended Schedule 13D reveals increased beneficial ownership by Peter J. Jacullo III and related entities, coinciding with the company's plan to delist from Nasdaq.
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Tile Shop Holdings, Inc. executed a reverse and forward stock split to delist from Nasdaq, cashing out shareholders with fewer than 3,000 shares.
Worse than expected
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Fund 1 Investments, LLC reported an updated beneficial ownership of 28.8% in Tile Shop Holdings, Inc. after exercising all cash-settled total return swap agreements.
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Tile Shop Holdings and major shareholder Fund 1 Investments have entered a cooperation agreement outlining board composition and shareholder rights following the company's planned delisting and deregistration.
Worse than expected
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Fund 1 Investments, LLC has disclosed a 28.8% beneficial ownership in Tile Shop Holdings, Inc. and plans to engage with management regarding the company's proposed delisting and strategic direction.
Schedule 13G - Passive Investments
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SCHEDULE 13G/A: Fund 1 Investments Maintains Significant Stake in Tile Shop Holdings, Inc. with 28.47% Ownership
Fund 1 Investments, LLC has filed an Amendment No. 6 to Schedule 13G, disclosing a continued beneficial ownership of 12,712,561 shares, representing 28.47% of Tile Shop Holdings, Inc.'s common stock.
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Fund 1 Investments, LLC has filed an amended Schedule 13G, revealing a significant passive ownership of 25.14% in Tile Shop Holdings, Inc. as of December 31, 2024.
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Monomoy Capital Partners and its affiliated entities have filed an amended Schedule 13G indicating they no longer beneficially own 5% or more of Tile Shop Holdings, Inc. common stock.