Turtle Beach gets 7.3% passive stake from 22NW

Investment entities associated with Aron R. English report a 7.29% beneficial ownership stake in Turtle Beach Corp common stock.

Rhea-AI Filing Summary

Turtle Beach Corp (TBCH) has a new institutional ownership disclosure from 22NW Fund and related entities. As of the reported date, 22NW Fund directly holds 1,304,878 shares of Turtle Beach common stock, and 22NW, 22NW Fund GP, LLC, 22NW GP, Inc., and Aron R. English may be deemed to beneficially own these same shares through their investment and control relationships.

This position represents 7.29% of Turtle Beach’s outstanding common shares, based on 17,909,711 shares outstanding as of July 30, 2026, as reported by Turtle Beach. The reporting group states it has sole voting and dispositive power over these 1,304,878 shares and disclaims beneficial ownership of any shares not directly owned by each respective reporting person.

Key Figures

Shares beneficially owned: 1,304,878 shares Percent of class: 7.29% Shares outstanding: 17,909,711 shares +2 more

5 metrics

Shares beneficially owned 1,304,878 shares Common stock of Turtle Beach Corp beneficially owned by the 22NW group as of the reported date

Percent of class 7.29% Ownership percentage of Turtle Beach common stock reported by the 22NW group

Shares outstanding 17,909,711 shares Turtle Beach common shares outstanding as of July 30, 2026 used to calculate 7.29%

CUSIP 900450206 CUSIP number for Turtle Beach Corp common stock, par value $0.001

Number of reporting persons 5 22NW Fund, 22NW, 22NW Fund GP, LLC, 22NW GP, Inc., and Aron R. English

Key Terms

beneficially own, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more

5 terms

beneficially own financial

"may be deemed to beneficially own the Common Shares, par value $0.001"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

Sole Voting Power financial

"5 | Sole Voting Power 1,304,878.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole Dispositive Power financial

"7 | Sole Dispositive Power 1,304,878.00 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Schedule 13G regulatory

"The filing of this shall not be construed as an admission"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Reporting Person regulatory

"Each of the foregoing is referred to as a "Reporting Person""

FAQ

What stake does 22NW Fund report in Turtle Beach Corp (TBCH)?

22NW Fund reports that it directly owns 1,304,878 shares of Turtle Beach Corp common stock. Related entities and Aron R. English may be deemed to beneficially own these same shares through their roles as investment manager, general partners, and portfolio manager.

What percentage of Turtle Beach (TBCH) does 1,304,878 shares represent?

The reported holding of 1,304,878 shares represents 7.29% of Turtle Beach’s common stock. This percentage is calculated using 17,909,711 shares outstanding as of July 30, 2026 as reported by Turtle Beach in its quarterly report.

Who are the reporting persons in this Turtle Beach (TBCH) Schedule 13G?

The reporting persons are 22NW Fund, LP, 22NW, LP, 22NW Fund GP, LLC, 22NW GP, Inc., and Aron R. English. They are related through investment manager, general partner, and portfolio manager roles over the 22NW Fund.

What voting and dispositive power do the 22NW entities report over TBCH shares?

The reporting group states sole voting power and sole dispositive power over 1,304,878 shares of Turtle Beach common stock, with no shared voting or dispositive power reported for these shares.

How many Turtle Beach (TBCH) shares were outstanding for this 7.29% calculation?

The 7.29% ownership is based on 17,909,711 shares of Turtle Beach common stock outstanding as of July 30, 2026, which Turtle Beach reported in its quarterly report filed on August 6, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/02/2026 - 04:37 PM Accepted by SEC EDGAR 09/02/2026 - 04:36 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Turtle Beach Corp

(Name of Issuer)

Common Stock, par value $0.001

(Title of Class of Securities)

900450206

(CUSIP Number)

08/27/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 900450206

1

Names of Reporting Persons

22NW Fund, LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,304,878.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,304,878.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,304,878.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.29 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: The percentage of class is based on 17,909,711 Shares outstanding as of July 30, 2026, which is the total number of Shares outstanding as reported in the Issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on August 6, 2026. As of the date hereof, each of 22NW Fund, 22NW, 22NW GP, 22NW Inc. and Mr. English may be deemed to beneficially own approximately 7.29% of the outstanding Shares.

SCHEDULE 13G

CUSIP Number(s): 900450206

1

Names of Reporting Persons

22NW, LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,304,878.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,304,878.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,304,878.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.29 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP Number(s): 900450206

1

Names of Reporting Persons

22NW Fund GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,304,878.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,304,878.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,304,878.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.29 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP Number(s): 900450206

1

Names of Reporting Persons

22NW GP, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,304,878.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,304,878.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,304,878.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.29 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP Number(s): 900450206

1

Names of Reporting Persons

English Aron R.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,304,878.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,304,878.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,304,878.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.29 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Turtle Beach Corp
(b)	Address of issuer's principal executive offices: 15822 Bernardo Center Drive, Suite 105, San Diego, CA 92127
Item 2.
(a)	Name of person filing: This statement is filed by 22NW Fund, LP, a Delaware limited partnership ("22NW Fund"), 22NW, LP, a Delaware limited partnership ("22NW"), 22NW Fund GP, LLC, a Delaware limited liability company ("22NW GP"), 22NW GP, Inc., a Delaware S Corporation ("22NW Inc."), and Aron R. English. Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." 22NW serves as the investment manager of 22NW Fund. 22NW GP serves as the general partner of 22NW Fund. 22NW Inc. serves as the general partner of 22NW. Mr. English is the Portfolio Manager of 22NW, Manager of 22NW GP and President and sole shareholder of 22NW Inc. By virtue of these relationships, 22NW, 22NW GP, 22NW Inc. and Mr. English may be deemed to beneficially own the Common Shares, par value $0.001 (the "Shares"), owned directly by 22NW Fund.
(b)	Address or principal business office or, if none, residence: 590 1st Ave. S, Unit C1, Seattle, Washington 98104.
(c)	Citizenship: 22NW Fund, 22NW, 22NW GP and 22NW Inc. are organized under the laws of the State of Delaware. Mr. English is a citizen of the United States of America.
(d)	Title of class of securities: Common Stock, par value $0.001
(e)	CUSIP Number(s): 900450206
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: As of the date hereof: (i) 22NW Fund directly owned 1,304,878 Shares. (ii) Each of 22NW, as the investment manager of 22NW Fund, 22NW GP, as the general partner of 22NW Fund, 22NW Inc., as the general partner of 22NW, and Mr. English, as the Portfolio Manager of 22NW, Manager of 22NW GP and President and sole shareholder of 22NW Inc., may be deemed to beneficially own the 1,304,878 Shares owned directly by 22NW Fund. The filing of this Schedule 13G shall not be construed as an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any of the Shares reported herein that he or it does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the Shares reported herein that are not directly owned by such Reporting Person.
(b)	Percent of class: 7.29 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Cover Pages Items 5-9.
	(ii) Shared power to vote or to direct the vote: See Cover Pages Items 5-9.
	(iii) Sole power to dispose or to direct the disposition of: See Cover Pages Items 5-9.
	(iv) Shared power to dispose or to direct the disposition of: See Cover Pages Items 5-9.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. See Exhibit 99.1.
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

22NW Fund, LP

Signature:	/s/ Aron R. English
Name/Title:	Manager of 22NW Fund GP, LLC, its General Partner
Date:	09/02/2026

22NW, LP

Signature:	/s/ Aron R. English
Name/Title:	Aron R. English, President and Sole Shareholder of 22NW GP, Inc., its General Partner
Date:	09/02/2026

22NW Fund GP, LLC

Signature:	/s/ Aron R. English
Name/Title:	Aron R. English, Manager
Date:	09/02/2026

22NW GP, Inc.

Signature:	/s/ Aron R. English
Name/Title:	Aron R. English, President and Sole Shareholder
Date:	09/02/2026

English Aron R.

Signature:	/s/ Aron R. English
Name/Title:	Aron R. English
Date:	09/02/2026

Exhibit Information

99.1 - Joint Filing Agreement