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

Fund 1 Investments, LLC, along with related entities, reports purchasing additional shares of Tile Shop Holdings, Inc. common stock.

Summary

• On October 14, 2024, Fund 1 Investments, LLC purchased 16,000 shares of Tile Shop Holdings, Inc. (TTSH) common stock at a price of $6.5832 per share.
• On October 15, 2024, Fund 1 Investments, LLC purchased an additional 8,500 shares of TTSH at $6.6594 per share.
• Following these transactions, the total number of TTSH shares beneficially owned by the reporting entities is 7,988,169 held for the benefit of Pleasant Lake Onshore Feeder Fund, LP and an additional private investment vehicle.
• An additional 1,002,207 shares are held for the account of an unaffiliated private fund for which Pleasant Lake Partners LLC serves as investment advisor.
• The reporting entities include Fund 1 Investments, LLC, Pleasant Lake Partners LLC, and Pleasant Lake Onshore Feeder Fund LP.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The increased investment suggests confidence, but it's a routine filing.

Positives

• Increased investment by Fund 1 Investments, LLC could be seen as a positive signal for Tile Shop Holdings, Inc.

Industry Context

This filing indicates investment activity in the home improvement retail sector, specifically related to a company focused on tile and related products.

Stakeholder Impact

• The increased stake by Fund 1 Investments, LLC could reassure shareholders.

Key Dates