Tile Shop provides aggregate cash payment estimate of ~$32M for reverse split cashed-out stockholders

TILE SHOP HOLDINGS, INC.

1-for-3,000 reverse stock split effective Dec 15, 2025.
Stockholders with fewer than 3,000 shares receive $6.60 per share in cash.
Aggregate payment to cashed-out stockholders anticipated at ~$32.0 million.
Payment includes stockholders holding through banks and brokers.

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