Toughbuilt Industries Inc - Units - Class A ( 1 Ord, 1 War Ser A & 1 War Ser B)

Toughbuilt Industries, Inc. engages in marketing and distributing home improvement and construction product lines under the TOUGHBUILT brand. It offers cliptech tool belts, pouches and bags, bags and totes, business organization, knee pads, miter saw stands, and sawhorses. The company was founded by Michael Panosian and Joshua Keeler on April 9, 2012 and is headquartered in Lake Forest, CA.

Toughbuilt Industries, Inc. engages in marketing and distributing home improvement and construction product lines under the TOUGHBUILT brand. It offers cliptech tool belts, pouches and bags, bags and totes, business organization, knee pads, miter saw stands, and sawhorses. The company was founded by Michael Panosian and Joshua Keeler on April 9, 2012 and is headquartered in Irvine, CA.

The stock price of Toughbuilt Industries Inc (NASDAQ: TBLT) increased by over 20% pre-market. This is why it happened.

Toughbuilt Industries (TBLT) Stock: Over 20% Increase Pre-Market Explanation

TBLT makes quality products and has a clear growth trajectory. Concerns about customer concentration on Amazon are inevitable.

ToughBuilt: Can't Stop This Growth Story

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Is ToughBuilt Industries, Inc. (TBLT) A Good Stock To Buy?

Lake Forest, CA, June  02, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the closing of its previously announced firm commitment public offering of 19,000,000 shares of its common stock and warrants to purchase up to 20,700,000 shares of common stock at a price to the public of $1.00 per common share and warrant for an aggregate purchase price of $19,017,000. The Company received net proceeds of approximately $17 million from the offering after deducting underwriting discounts and commissions and other offering expenses paid by the Company.

ToughBuilt Industries, Inc. Closes $19,017,000 Offering of Common Stock and Warrants

LAKE FOREST, Calif, May  28, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and do-it-yourself construction industries, today announced the pricing of an underwritten public offering of 18,000,000 shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and warrants to purchase up to 18,000,000 shares of the Company’s common stock. Each share of common stock or pre-funded warrant is being sold together with a warrant to purchase one share of common stock. The combined purchase price for one share of common stock and warrant to purchase one share of common stock will be $1.00. Gross proceeds, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $18.0 million.

Toughbuilt Announces Pricing of Upsized $18.0 Million Underwritten Public Offering

Lake Forest, CA, May  22, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW) today announced the expansion of its distribution network by warehousing products in Mexico to support South American demand.

TOUGHBUILT™ EXPANDS DISTRIBUTION IN MEXICO

LAKE FOREST, Calif, May  19, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt®”) (NASDAQ: TBLT; TBLTW) is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and home improvement building and construction industries.

TOUGHBUILT™ ANNOUNCES INITIAL 1.5 MILLION PAIR GLOVES INVENTORY FOR PPE

LAKE FOREST, Calif, May  18, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt®”) (NASDAQ: TBLT; TBLTW) is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and home improvement building and construction industries.

TOUGHBUILT™ RECEIVES INITIAL ORDER FROM NETHERLANDS LEADING RETAILER, TOOLSTATION

Tractor Supply

LAKE FOREST, Calif, May  12, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt®”) (NASDAQ: TBLT; TBLTW) an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and home improvement building and construction industries, today announced that 81 SKUs of its products have been accepted for immediate placement on  www.tractorsupply.com .

TOUGHBUILT™ LAUNCHES 81 PRODUCTS WITH TRACTOR SUPPLY

LAKE FOREST, Calif, April  29, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or “Company”) (NASDAQ: TBLT; TBLTW) is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and home improvement building and construction industries.

TOUGHBUILT™ REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT.

LAKE FOREST, Calif, April  17, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt®”) (NASDAQ: TBLT; TBLTW) is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and home improvement building and construction industries.

TOUGHBUILT™ ANNOUNCES DONATION OF SUPPLIES TO NEW YORK – BASED CHARITY FOR FIRST RESPONDERS.

While construction and home improvement activity may have come to a standstill given the lockdown situation, the demand curve for safety equipment within this space has always had an upward slope.

ToughBuilt Industries: Gathering Momentum After Positive Developments

LAKE FOREST, Calif, April  15, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW) is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and home improvement building and construction industries.

TOUGHBUILT™ Q1 2020 Amazon sales reached $1,200,000

LAKE FOREST, Calif, April  14, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW) is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and home improvement building and construction industries.

TOUGHBUILT™ Announces 1-for-10 Reverse Stock Split

LAKE FOREST, Calif, April  09, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt®”) (NASDAQ: TBLT; TBLTW) is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and home improvement building and construction industries.

TOUGHBUILT™ AWARDED OVER $22 MILLION IN NEW BUSINESS FROM LOWE’S

Lake Forest, CA, March  30, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reported financial results for the fiscal year ended December 31, 2019.

ToughBuilt Industries Announces Fiscal 2019 Results

Lake Forest, CA, March  19, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW) announced today that despite recent conditions due to the coronavirus pandemic and resulting stock market turmoil, it is continuing to employ its entire workforce, while working remotely for their safety. The Company continues to supply products to its existing and new customers, both through traditional and online channels.

TOUGHBUILT CONTINUES TO FORGE AHEAD WITH ITS BUSINESS PLAN, SUPPORTING ITS EMPLOYEES AND CUSTOMERS DURING CORONAVIRUS CRISIS

Lake Forest, CA, March  12, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced a distribution agreement with PRO Group which represents more than $5.25 billion in annual buying power through PRO Hardware, Garden Master, Golden-Link, and FARMMART.

TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH PRO GROUP

Lake Forest, CA, March  11, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced a distribution agreement with Distribution America – a hardware store retailers' cooperative with 15,000 affiliated retail locations.

TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH DISTRIBUTION AMERICA

Lake Forest, CA, Feb.  19, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced its highly engineered product lines, setting the standard for durability, product life and reliability in the harshest of operating conditions, are now available on Zoro.com.

TOUGHBUILT™ LAUNCHES 87 PRODUCTS ON ZORO.COM

LAKE FOREST, Calif, Jan.  24, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and do-it-yourself construction industries, today announced the pricing of an underwritten public offering of 43,000,000 shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and warrants to purchase up to 21,500,000 shares of the Company’s common stock. Each share of common stock or pre-funded warrant is being sold together with a warrant to purchase 0.5 shares of common stock. The combined purchase price for one share of common stock and warrant to purchase 0.5 shares of common stock will be $0.21. Gross proceeds, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $9.0 million.

Toughbuilt Announces Pricing of Upsized $9.0 Million Underwritten Public Offering

ToughBuilt will launch in the first    half    of 2020 into this multibillion-dollar market

TOUGHBUILT™ ANNOUNCES INITIAL LAUNCH OF HAND TOOL PRODUCTS

Based on our sales history from December 2019 and upcoming product offerings, the estimated annual revenue run rate is expected to continue to increase in 2020 for Amazon Storefronts

TOUGHBUILT™ ANNOUNCES CONTINUED GROWTH IN SALES IN FIRST NINE MONTHS OF LAUNCH OF AMAZON STOREFRONTS WITH $700,000 IN SALES FOR DECEMBER 2019, AN INCREASE OF 55% OVER NOVEMBER 2019 SALES

LAKE FOREST, Calif, Jan.  06, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and do-it-yourself construction industries. The company announced today that its sales in the United Kingdom were $1,750,000 for 2019, as compared to $726,000 in 2018. Thus, year over year sales grew by $1,024,000 or 141%.

TOUGHBUILT™ ANNOUNCES HISTORIC INCREASE IN GROWTH IN YEAR OVER YEAR SALES IN U.K.

LAKE FOREST, Calif, Jan.  02, 2020  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a cutting edge product design, manufacturer and distributor of innovative products, tools and other accessories for the professional and do-it-yourself construction industries, is pleased to announce that on December 27, 2019, it received notification from the Listing Qualifications Department of the Nasdaq Stock Market indicating (i) that the Company has met the minimum stockholders equity requirement set forth in Listing Rule 5550(b)(1) and (ii) that the Company has been granted an additional 180-day grace period to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule 5550(a)(2).

News for Toughbuilt Industries Inc - Units - Class A ( 1 Ord, 1 War Ser A & 1 War Ser B) Stock (TBLTU)