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.

LAKE FOREST, Calif., Dec.  17, 2019  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced that the final tranche of Series B Warrants from the December 17, 2018 “greenshoe” to its initial public offering has expired. This completely removes the Series B Warrant derivative liability from its balance sheet which existed on its September 30, 2019 balance sheet as reported in its Quarterly Report on Form 10-Q for that period as filed with the SEC on November 19, 2019.

TOUGHBUILT ANNOUNCES FINAL EXPIRATION OF SERIES B WARRANTS FROM GREENSHOE

LAKE FOREST, CA, Dec.  12, 2019  (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, today announced the appointment of Linda Moossaian, CPA, to its Board of Directors. Ms. Moossaian is an achievement-oriented financial strategist with an exceptional record of successful initiatives in financial planning, profit optimization, joint venture accounting, and treasury management. She has a strong history of forging strategic partnerships with senior management, including CEOs and CFOs as well as key stakeholders to drive financial objectives, make strategic decisions, and analyze value-added analytics. Ms. Moossaian has a sophisticated understanding of long-range budget preparation, GAAP accounting, M&A, planning models, financial forecasting & analysis, decision support, accounting procedures, and continuous process improvement. Her advanced critical thinking, analytical, qualitative, and quantitative analysis skills have been developed through positions in corporate andpublic accounting and consulting. She currently is the Director, Audit & Controls-WBTV Financial Administration for Warner Bros. in Burbank, CA, a position she has held since July 2019. Ms. Moossaian has previously acted as Director, Theatrical Production Finance (from July 2009 to April 2018) and Director, Financial Planning & Analysis (from April 2018 to July 2019) for Warner Bros. The ToughBuilt Board has determined that Ms. Moossaian’s expertise in finance is well suited to ToughBuilt’s Board’s support of the company during this phase of rapid growth.

ToughBuilt Announces Appointment of New Board Member

ToughBuilt Amazon Storefront Sales Should Have an Annualized Revenue Run Rate of Approximately $5.4 million Based Upon November Sales

ToughBuilt Amazon Storefront Update: November Sales Exceeds Average Monthly Revenue for First Seven Months of Operation by 75%

ToughBuilt Amazon Storefront Sales Should Have an Annualized Revenue Run Rate of Approximately $3.5 million.

ToughBuilt Amazon Storefront Achieves Revenues of $1.8 Million in U.S. and Canada in First Seven Months of Operation

LAKE FOREST, Calif., Nov.  21, 2019  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTU; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced that its Class A Units will begin trading separately on the Nasdaq Capital Market in their components of one share of common stock and one Series A Warrant per Class A Unit as of November 22, 2019.

TOUGHBUILT ANNOUNCES THAT ITS CLASS A UNITS WILL BEGIN TRADING SEPARATELY AS COMMON STOCK AND SERIES A WARRANTS EFFECTIVE NOVEMBER 22, 2019

LAKE FOREST, Calif, Nov.  14, 2019  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW; TBLTU), a leading designer, manufacturer and distributor of innovative tools and accessories for the building and home improvement industries, today announced that its Series B Warrants will expire on November 14, 2019 and December 17, 2019.

ToughBuilt Announces the Expiration of Series B Warrants from its IPO

LAKE FOREST, Calif, Oct.  16, 2019  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW; TBLTU), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced the opening of an international headquarters in London, England, UK. The London office will be the base of European operationes and will service the Company’s growing sales in the UK and Continental Europe.

ToughBuilt Opens UK-Based European Headquarters

Lake Forest, CA, Sept.  05, 2019  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced that Michael Panosian, Chief Executive Officer , will present at the H.C. Wainwright 21st Annual Global Investment Conference. Mr. Panosian will also meet with members of the investment community during one-on-one meetings at the conference.

ToughBuilt to Present at the H.C. Wainwright 21st Annual Global Investment Conference

LAKE FOREST, Calif., Sept.  04, 2019  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced it will be exhibiting at the Expo Nacional Ferretera in Guadalajara Mexico  from September 5 to September 7, 2019.  The Expo is held at Expo Guadalajara, Av Mariano Otero 1499 Verde Valle, 44550 Guadalajara, Jal., Mexico

ToughBuilt to Exhibit at Expo Nacional Ferretera September 5th through September 7th

LAKE FOREST, Calif., Sept.  03, 2019  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced the launch of its new Far East Amazon  storefronts in Japan and South Korea, as part of the Company’s global e-commerce initiative to expand well beyond its European, and North and South American market focus.

ToughBuilt Announces Launch of Amazon Storefronts in the Far East as Part of Global E-Commerce Expansion

Home Depot

LAKE FOREST, Calif., Aug.  27, 2019  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTU; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced it has announced it has formally launched product sales with Home Depot Canada and started receiving purchase orders .  Home Depot Canada is one of Canada's top home improvement retailers consisting of 182 stores. Home Depot Canada has stores in all ten Canadian provinces and serves Territorial Nunavut, Northwest Territories, and Yukon.

ToughBuilt Launches Products with Home Depot Canada and Starts Receiving Purchase Orders

LAKE FOREST, Calif., Aug.  22, 2019  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTU; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced the launch of its Amazon Germany, France, Spain and Italy storefronts, as part of the Company’s global e-commerce initiative currently expanding across the North American, South American, and European continents. This internet-based expansion complements the Company’s “big box” retail strategy in North America and Europe by providing access to a much larger and more globally diverse audience of construction industry participants as well as do-it-yourselfers.  This is expansion, in the works for the past few quarters, has been greatly enhanced by the Company’s recent consummation of an $11.5 million gross amount secured note financing earlier this week.

ToughBuilt Announces Launch of Amazon Germany, France, Spain and Italy Storefronts as Part of Global E-Commerce Expansion

LAKE FOREST, Calif., Aug.  20, 2019  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced financial results for the quarter ended June 30, 2019.

ToughBuilt Reports Second Quarter 2019 Financial Results

LAKE FOREST, Calif., Aug.  19, 2019  (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced a financing agreement with an institutional investor.

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