Turtle Beach Unveils TBCH Ticker: A Bold Step Forward in the Gaming Arena

01/06/2025 – 08:30 AM

WHITE PLAINS, N.Y., Jan. 06, 2025 (GLOBE NEWSWIRE) — Turtle Beach Corporation (Nasdaq: HEAR), a prominent provider of gaming accessories, has declared that it will change its ticker symbol to “TBCH” effective January 7, 2025. This modification signifies Turtle Beach’s advancement and continuous growth as a major player in the expansive gaming accessories landscape.

“Our new ‘TBCH’ ticker symbol embodies more than merely an adjustment of our market identity,” commented Cris Keirn, CEO of Turtle Beach Corporation. “It symbolizes our expansion, innovation, and robust strategic execution as a frontrunner across various gaming accessory segments, including the successful assimilation of PDP. As we persist in broadening our portfolio and enhancing our market influence, this new symbol reflects where Turtle Beach stands today and our aspirations for the future.”

The ticker symbol update forms part of Turtle Beach’s wider strategy to fortify its brand and market presence. The Company remains committed to providing state-of-the-art products, operational excellence, and value to its shareholders and gaming clients globally.

Shareholders are not mandated to undertake any action concerning the ticker symbol amendment. The Company’s common stock will persist on the NASDAQ, and the CUSIP number will remain unchanged.

About Turtle Beach Corporation
Turtle Beach Corporation (the “Company”) (www.turtlebeachcorp.com) stands among the foremost providers of gaming accessories worldwide. The Company’s namesake Turtle Beach brand (www.turtlebeach.com) is renowned for creating top-selling gaming headsets, highly-rated game controllers, award-winning PC gaming peripherals, and innovative gaming simulation accessories. Innovation, market-first features, a diverse range of products catering to all types of gamers, and top-notch customer support have established Turtle Beach as a preferred 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 Statements
This press announcement includes forward-looking information and statements as defined by federal securities legislation. Apart from historical details provided in this release, statements within may represent forward-looking statements regarding assumptions, projections, expectations, targets, intentions, or beliefs about upcoming events. Statements featuring the phrases “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “goal,” “project,” “intend,” and similar expressions, or their negatives, are considered forward-looking statements. Forward-looking statements encompass known and unknown risks and uncertainties, which may lead actual outcomes to differ significantly from those outlined in any forward-looking statement. Such statements are predicated on management’s existing beliefs and expectations, along with assumptions made by, and data currently accessible to, management.

While the Company considers its expectations to be based on reasonable assumptions, there is no guarantee that its objectives and strategies will be fulfilled. Numerous elements, including risks and uncertainties, may influence actual results and could cause these results to diverge substantially from those articulated in any forward-looking statements made by the Company or on its behalf. Some of these elements include, but are not restricted to, risks associated with logistical and supply chain difficulties, significant uncertainties inherent in the acceptance of current and future products, challenges in commercializing and safeguarding new technologies, the effects of competing products and pricing, general business and economic climates, risks linked to our business expansion including the integration of any acquired businesses and the assimilation of those businesses within our internal controls over financial reporting and operations, our debt, liquidity, and further factors discussed in our public disclosures, including the risk factors incorporated 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 submitted to the Securities and Exchange Commission. Except as mandated 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 not obliged to publicly update or revise any forward-looking statements following the date of this release, whether due to new information, future developments, or otherwise.

CONTACTS

Investors:
hear@icrinc.com
(646) 277-1285

Public Relations & Media:
MacLean Marshall
Sr. Director, Global Communications
Turtle Beach Corporation
(858) 914-5093
maclean.marshall@turtlebeach.com

Frequently Asked Questions

When will Turtle Beach (HEAR) alter its ticker symbol to TBCH?

Turtle Beach will shift its ticker symbol from HEAR to TBCH starting January 7, 2025.

Must Turtle Beach shareholders take any steps for the TBCH ticker change?

No, shareholders are not obligated to undertake any actions concerning the ticker symbol alteration from HEAR to TBCH.

Will the CUSIP number for Turtle Beach change with the new TBCH ticker?

No, the CUSIP number will stay the same despite the update of the ticker symbol to TBCH.

Does the transition from HEAR to TBCH for Turtle Beach affect its NASDAQ listing?

No, Turtle Beach will still be listed on the NASDAQ even after the ticker symbol alteration to TBCH.