{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-037389","form_type":"8-K","ticker":"TTSH","cik":"0001552800","company_name":"TILE SHOP HOLDINGS, INC.","filed_at":"2025-10-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.718785+00:00","generated_at":"2026-05-17T04:34:37.415267+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Tile Shop board OKs 'going dark' via reverse split; small holders cashed out at $6.60/sh","bullets":["Reverse stock split ratio between 1-for-2,000 and 1-for-4,000; small holders receive $6.60 cash per share.","Estimated 726,000 shares (16% of outstanding) cashed out; total cost ~$4.8M plus ~$523k expenses.","Company expects annual savings of ~$2.4M after delisting and deregistration from SEC.","Special stockholder vote set for December 2025; directors/execs owning 36.9% plan to vote 'FOR'.","Fairness opinion from GuideCap Partners; cash-out price is a premium to Oct 2, 2025 closing price."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-037389","json":"https://secwatch.observer/filing/0001140361-25-037389.json","markdown":"https://secwatch.observer/filing/0001140361-25-037389.md","text":"https://secwatch.observer/filing/0001140361-25-037389.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1552800/000114036125037389/0001140361-25-037389-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1552800/000114036125037389/ef20056715_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:34:37.415267+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}