Tile Shop Holdings, INC Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
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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.
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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.
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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.