Turtle Beach Corporation Announces Ticker Symbol Update to “TBCH”
January 06 2025 - 7:30AM
Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming
accessories provider, today announced that it will update its
ticker symbol to “TBCH” effective January 7, 2025. This change
reflects Turtle Beach’s evolution and ongoing growth as a dominant
force in the broader gaming accessories market.
“Our new ‘TBCH’ ticker symbol represents more
than just adaptation of our market identity,” said Cris Keirn, CEO,
Turtle Beach Corporation. “It signifies our growth, innovation, and
strong strategic execution as a leader across multiple gaming
accessory categories, including the successful integration of PDP.
As we continue to expand our portfolio and enhance our market
presence, this new symbol aligns with where Turtle Beach is today
as well as our vision for the future.”
The ticker symbol update is part of Turtle
Beach’s broader strategy to strengthen its brand and market
position. The Company continues to be focused on delivering
cutting-edge products, operational excellence, and value to its
shareholders and gaming customers worldwide.
Shareholders are not required to take any action
regarding the ticker symbol update. The Company’s common stock will
continue to be listed on the NASDAQ and the CUSIP number will
remain unchanged.
About Turtle Beach
CorporationTurtle Beach Corporation (the “Company”)
(www.turtlebeachcorp.com) is one of the world’s leading gaming
accessory providers. The Company’s namesake Turtle Beach brand
(www.turtlebeach.com) is known for designing best-selling gaming
headsets, top-rated game controllers, award-winning PC gaming
peripherals, and groundbreaking gaming simulation accessories.
Innovation, first-to-market features, a broad range of products for
all types of gamers, and top-rated customer support have made
Turtle Beach a fan-favorite brand and the market leader in console
gaming audio for over a decade. Turtle Beach Corporation acquired
Performance Designed Products (www.pdp.com) in 2024. Turtle Beach’s
shares are traded on the Nasdaq Exchange under the symbol:
HEAR.
Cautionary Note on Forward-Looking
StatementsThis press release includes forward-looking
information and statements within the meaning of the federal
securities laws. Except for historical information contained in
this release, statements in this release may constitute
forward-looking statements regarding assumptions, projections,
expectations, targets, intentions, or beliefs about future events.
Statements containing the words “may”, “could”, “would”, “should”,
“believe”, “expect”, “anticipate”, “plan”, “estimate”, “target”,
“goal”, “project”, “intend” and similar expressions, or the
negatives thereof, constitute forward-looking statements.
Forward-looking statements involve known and unknown risks and
uncertainties, which could cause actual results to differ
materially from those contained in any forward-looking statement.
Forward-looking statements are based on management’s current
beliefs and expectations, as well as assumptions made by, and
information currently available to, management.
While the Company believes that its expectations
are based upon reasonable assumptions, there can be no assurances
that its goals and strategy will be realized. Numerous factors,
including risks and uncertainties, may affect actual results and
may cause results to differ materially from those expressed in
forward-looking statements made by the Company or on its behalf.
Some of these factors include, but are not limited to, risks
related to logistic and supply chain challenges, the substantial
uncertainties inherent in the acceptance of existing and future
products, the difficulty of commercializing and protecting new
technology, the impact of competitive products and pricing, general
business and economic conditions, risks associated with the
expansion of our business including the integration of any
businesses we acquire and the integration of such businesses within
our internal control over financial reporting and operations, our
indebtedness, liquidity, and other factors discussed in our public
filings, including the risk factors included in the Company’s most
recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q,
and the Company’s other periodic reports filed with the Securities
and Exchange Commission. Except as required by applicable law,
including the securities laws of the United States and the rules
and regulations of the Securities and Exchange Commission, the
Company is under no obligation to publicly update or revise any
forward-looking statement after the date of this release whether as
a result of new information, future developments or otherwise.
CONTACTS
Investors:hear@icrinc.com(646)
277-1285
Public Relations &
Media:MacLean MarshallSr.
Director, Global CommunicationsTurtle Beach
Corporation(858)
914-5093maclean.marshall@turtlebeach.com
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