Form 4: Fund 1 Investments, LLC Increases Stake in Tile Shop Holdings, Inc.

Fund 1 Investments, LLC, along with related entities, has increased its holdings in Tile Shop Holdings, Inc. through recent purchases of common stock.

Summary

• Fund 1 Investments, LLC, along with Pleasant Lake Partners LLC and Pleasant Lake Onshore Feeder Fund LP, reported changes in their beneficial ownership of Tile Shop Holdings, Inc. stock.
• On November 26, 2024, they purchased 2,000 shares of common stock at a price of $6.5242 per share.
• On November 27, 2024, they purchased an additional 26,000 shares of common stock at a price of $6.5494 per share.
• Following these transactions, the total number of shares beneficially owned by these entities is 8,609,068, with an additional 1,002,207 shares held by an unaffiliated private fund for which Pleasant Lake Partners LLC serves as investment advisor.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction, indicating a neutral sentiment. The increased investment is a positive sign, but it's not a major event.

Positives

• The increased investment by Fund 1 Investments, LLC and related entities suggests confidence in Tile Shop Holdings, Inc.

Industry Context

This filing reflects the ongoing investment activity of major shareholders in Tile Shop Holdings, Inc., which is common in the retail and home improvement sector.

Comparison to Industry Standards

• It is common for institutional investors to adjust their holdings in publicly traded companies.
• The reported transactions are relatively small compared to the overall market capitalization of Tile Shop Holdings, Inc.
• Similar filings are regularly made by other investment firms in the retail sector.

Stakeholder Impact

• The increased investment may be viewed positively by shareholders, potentially increasing confidence in the company.

Key Dates

Keywords

Tile Shop Holdings, Fund 1 Investments, Pleasant Lake Partners, Pleasant Lake Onshore Feeder Fund, stock purchase, beneficial ownership, investment