Tile Shop to voluntarily delist from Nasdaq; small shareholders cashed out at $6.60 per share

TILE SHOP HOLDINGS, INC.

Company will file Form 25 on Dec 17, 2025 to delist from Nasdaq; Form 15 on Dec 27 to deregister.
1-for-3,000 reverse split and immediate 3,000-for-1 forward split effective Dec 15, 2025; trading continues under TTSH.
Stockholders with fewer than 3,000 shares pre-split receive $6.60 per share cash and cease to be stockholders.
Company expects annual savings exceeding $2.4 million from deregistration/delisting.
Continuing stockholders' share count unchanged after splits.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

TILE SHOP HOLDINGS, INC.: Filed certificates of amendment to effect a 1-for-3,000 reverse stock split followed immediately by a 3,000-for-1 forward stock split (effective 2025-12-15).

Change: charter amendment
Effective: 2025-12-15

Exact text from the filing

On December 15, 2025, the Company filed certificates of amendment to the certificate of incorporation of the Company, as amended, with the Secretary of State of the State of Delaware to effect the Reverse Stock Split at 5:01 p.m., followed immediately by the Forward Stock Split at 5:02 p.m., respectively, on that day.

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TILE SHOP HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001140361-25-045538

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