Turtle Beach (TBCH) prospectus shows no selling by two listed holders
Rhea-AI Filing Summary
Turtle Beach Corporation identifies two selling stockholder entries in this prospectus table. One holder beneficially owns 2,061,112 shares (10.8%) and a second holds 693,962 shares (3.6%). The table shows 0 shares being offered by each holder under this prospectus, leaving their beneficial ownership unchanged upon completion of the offering.
Positive
- The listed selling stockholders are not offering any shares under this prospectus, so their ownership percentages remain intact
Negative
- None.
Insights
TL;DR: Table shows two holders will not sell shares in this prospectus, so no immediate dilution from these parties.
The disclosure lists beneficial ownership and the number of shares each selling stockholder proposes to offer pursuant to the prospectus. For the two listed holders the prospectus reports 0 shares being offered, indicating these specific selling stockholders are not reducing their positions via this registration. This is a routine disclosure item and does not by itself change the companys outstanding share count or ownership structure.
TL;DR: Ownership percentages are presented, and no selling activity is shown for the listed parties.
The table provides beneficial ownership percentages (10.8% and 3.6%) and confirms the number of shares to be offered under this prospectus is zero for these entries. Footnote indicators are present but the fragment does not include footnote text, so any conditions or relationships referenced in those notes cannot be assessed from the excerpt alone.