---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-044210"
form_type: "8-K"
ticker: "TTSH"
cik: "0001552800"
company_name: "TILE SHOP HOLDINGS, INC."
filed_at: "2025-12-03T23:59:59+00:00"
generated_at: "2026-05-16T15:11:20.805563+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Tile Shop shareholders back stock splits; small holders cashed out at $6.60; Nasdaq delisting planned

## Summary
- Stockholders approved 1-for-3,000 reverse split followed by 3,000-for-1 forward split; holders of <3,000 shares get $6.60/share in cash.
- Company intends to delist from Nasdaq and deregister under Exchange Act; expects annual savings of over $2.4M.
- Cooperation agreement with Fund 1 (29% owner): Fund 1 gets two board nominees while holding ≥20% shares; voting standstill for up to one year.
- Company reimbursing Fund 1 up to $75,000 in out-of-pocket expenses related to the agreement.

## SEC filing metadata
- accession: 0001140361-25-044210
- form_type: 8-K
- ticker: TTSH
- cik: 0001552800
- company_name: TILE SHOP HOLDINGS, INC.
- filed_at: 2025-12-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 5.03, 3.01, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552800/000114036125044210/0001140361-25-044210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552800/000114036125044210/ef20060535_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-044210
- JSON: https://secwatch.observer/filing/0001140361-25-044210.json
- Plain text: https://secwatch.observer/filing/0001140361-25-044210.txt

## Key facts
- Governance Changes
  TILE SHOP HOLDINGS, INC.: Stockholders approved an amendment to the Certificate of Incorporation to effect a reverse stock split at a ratio not less than 1-for-2,000 and not greater than 1-for-4,000; the Board later approved a 1-for-3,000 reverse stock split followed by a 3,000-for-1 forward stock split, and the company inte (effective 2025-12-03).
  - Change: charter amendment
  - Effective: 2025-12-03
  source text: At the special meeting of the Company’s stockholders held on December 3, 2025 (the “Special Meeting”), the holders of a majority of the Company’s issued and outstanding shares of Common Stock entitled to vote approved a proposal granting the Board to effect the Reverse Stock Split (as defined below) in its discretion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552800/000114036125044210/0001140361-25-044210-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
