Form 4: Fund 1 Investments, LLC Acquires 8,000 Shares of Tile Shop Holdings, Inc.

Fund 1 Investments, LLC, along with related entities, reports the acquisition of 8,000 shares of Tile Shop Holdings, Inc. at $6.069 per share.

Summary

• On August 20, 2024, Fund 1 Investments, LLC purchased 8,000 shares of Tile Shop Holdings, Inc. (TTSH) common stock.
• The purchase price was $6.069 per share.
• Following the transaction, Fund 1 Investments, LLC, through related entities, beneficially owns 7,617,527 shares indirectly through Pleasant Lake Onshore Feeder Fund, LP, and 1,002,207 shares indirectly through an unaffiliated private fund.
• The reporting entities include Fund 1 Investments, LLC, Pleasant Lake Partners LLC, and Pleasant Lake Onshore Feeder Fund LP.
• Benjamin C. Cable, Chief Operating Officer of Fund 1 Investments, LLC, signed the report on behalf of all reporting entities on August 22, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction filing, indicating continued investment but without strong positive or negative implications.

Positives

• The purchase indicates a continued investment in Tile Shop Holdings, Inc. by Fund 1 Investments, LLC and related entities.

Industry Context

This filing reflects ongoing investment activity in Tile Shop Holdings, Inc., a player in the specialty tile and natural stone industry. Monitoring such filings provides insights into investor sentiment and potential strategic moves within the sector.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence due to continued investment by a significant shareholder.

Key Dates