---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-181902"
form_type: "8-K"
ticker: "TBCH"
cik: "0001493761"
company_name: "Turtle Beach Corp"
filed_at: "2025-08-15T23:59:59+00:00"
generated_at: "2026-05-17T12:23:13.216045+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Turtle Beach repurchases $10M in shares; Donerail acquires additional $10M stake

## Summary
- Company repurchased 694,926 shares at $14.41/share from Diversis Capital for ~$10M, to be held in treasury.
- Donerail Group (affiliated with board member Will Wyatt) acquired 693,962 shares at same price for ~$10M, increasing its stake.
- Following the transaction, Diversis Capital now owns ~10% of TBCH; remaining shares subject to 90-day lock-up.
- Repurchase executed under existing $75M authorization; debt refinancing provided additional flexibility.
- Transaction approved by Audit Committee comprising independent directors not affiliated with sellers.

## SEC filing metadata
- accession: 0001193125-25-181902
- form_type: 8-K
- ticker: TBCH
- cik: 0001493761
- company_name: Turtle Beach Corp
- filed_at: 2025-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1493761/000119312525181902/0001193125-25-181902-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1493761/000119312525181902/d828038d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-181902
- JSON: https://secwatch.observer/filing/0001193125-25-181902.json
- Plain text: https://secwatch.observer/filing/0001193125-25-181902.txt

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