Turtle Beach terminates poison pill effective June 15, 2023

Turtle Beach Corp

Board accelerated expiration of Rights Agreement to 5:00 p.m. ET on June 15, 2023.
All preferred stock purchase rights expired and ceased outstanding as of that time.
Original Rights Agreement was scheduled to expire March 28, 2024; termination is early.
Chairman Terry Jimenez said termination advances stockholder governance objectives.
Stockholders do not need to take any action in response to the termination.

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