Toughbuilt Industries Inc - Warrants - Series A (09/11/2023)

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.

Toughbuilt Industries Inc

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

IRVINE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBu ilt” or the “Company”) (NASDAQ: TBLT) today announced its strategic alliance with King Trade Capital (“KTC”), securing a line of credit expected to significantly enhance the Company's procurement, direct import, and order fulfillment capabilities.

ToughBuilt Obtains Purchase Order Financing to Fuel Supply Chain and Growth Initiatives

IRVINE, Calif., Feb. 16, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the closing of its previously announced public offering of 772,628 shares of its common stock (or pre-funded warrants in lieu thereof), together with warrants to purchase up to 772,628 shares of its common stock at an offering price to the public of $4.53 per share (or pre-funded warrant) and associated warrant. The warrants have an exercise price of $4.405 per share, be exercisable upon issuance, and will expire five years following the date of issuance.

ToughBuilt Industries Announces Closing of $3.5 Million Public Offering

IRVINE, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the pricing of a public offering of 772,628 shares of its common stock (or pre-funded warrants in lieu thereof), together with warrants to purchase up to 772,628 shares of its common stock at an offering price to the public of $4.53 per share (or pre-funded warrant) and associated warrant. The warrants will have an exercise price of $4.405 per share, be exercisable upon issuance, and will expire five years following the date of issuance. The closing of the offering is expected to occur on or about February 16, 2024, subject to the satisfaction of customary closing conditions.

ToughBuilt Industries Announces Pricing of $3.5 Million Public Offering

IRVINE, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the Company”) (NASDAQ: TBLT; TBLTW), announced today that the Company released 16 additional products to its revolutionary StackTech® mobile toolbox system, now totaling 24 SKUs available to customers in-stores and online.

ToughBuilt Industries Accelerates Growth with Expanded StackTech® Ecosystem, Targeting $6.8 Billion Market

Common Stock Will Begin Trading on a Split-Adjusted Basis of 1-for-65 Common Stock Will Begin Trading on a Split-Adjusted Basis of 1-for-65

ToughBuilt Industries, Inc. Announces Reverse Stock Split

Revenue increased 9% quarter-over-quarter to $20.6 million  Operating expenses decreased 11% year-over-year to $15.4 million, over $2 million saved.

ToughBuilt Industries Announces Third Quarter 2023 Results

LAKE FOREST, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will hold an earnings call to discuss the Company's 2023 first quarter financial and operating results on Tuesday, November 14, 2023 at 5:00pm ET.

Toughbuilt Industries to Report Third Quarter 2023 Financial Results on November 14, 2023

IRVINE, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the Company”) (NASDAQ: TBLT; TBLTW), announced today that the Company has released its revolutionary StackTech™ mobile stacking toolbox system.

ToughBuilt Industries Launched Innovative StackTech™ Line: A Mobile Stacking Tool Organization Ecosystem

IRVINE, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries Inc. (NASDAQ: TBLT; TBLTW) (“ToughBuilt” or the “Company”) today announced that its Board of Directors declared a dividend of one one-thousandth of a share of newly-designated Series H Preferred Stock, par value $0.0001 per share, for each outstanding share of ToughBuilt common stock held of record as of 5:00 p.m. Eastern Time on October 2, 2023. The shares of Series H Preferred Stock will be distributed to such recipients at 5:00 p.m. Eastern Time on October 17, 2023. The outstanding shares of Series H Preferred Stock will vote together with the outstanding shares of the Company's common stock, as a single class, exclusively with respect to a proposal giving the Board of Directors the authority, as it determines appropriate, to implement a reverse stock split, as well as any proposal to adjourn any meeting of stockholders called for the purpose of voting on the reverse stock split, and will not be entitled to vote on any other matter, except to the extent required under the Nevada Revised Statutes. Subject to certain limitations, each outstanding share of Series H Preferred Stock will have 1,000,000 votes per share (or 1,000 votes per one one-thousandth (0.001) of a share of Series H Preferred Stock).

ToughBuilt Industries Announces Distribution of Series H Preferred Stock to Holders of its Common Stock

Revenue increased 5.5% year-over-year to $18.9 million Gross profit increased 18.5% year-over-year to $5.8 million Gross Margin increased by 330 basis points year-over-year to 31% Net loss improved 53% year-over-year down to $5.9 million from $12.1 million IRVINE, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt" or “the Company”) (NASDAQ: TBLT; TBLTW), reported today their financial results for the fiscal quarter ended June 30, 2023.

Toughbuilt Industries Announces Second Quarter 2023 Results

LAKE FOREST, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will hold an earnings call to discuss the Company's 2023 Second quarter financial and operating results on Tuesday August 22, 2023 at 5:00pm ET.

ToughBuilt Industries to Report Second Quarter 2023 Financial Results on August 22, 2023

IRVINE, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the “Company") (NASDAQ: TBLT; TBLTW) has announced today, the Company is expanding distribution in the European Union with two major retail groups, La Platforme Du Batiment and Prolians, servicing professional customers in France and Spain.

ToughBuilt Industries Expands European Distribution in France and Spain

IRVINE, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt” or the Company”) (NASDAQ: TBLT; TBLTW), announced today that the Company is expanding distribution to customers in the United Kingdom through new business with Howdens UK and City Electrical Factors UK (“CEF”), marking entry into a combined network of more than 1,200 retail locations nationwide.

ToughBuilt Expands Distribution in the United Kingdom, Entering into Two of The Largest National Trade Retailers

IRVINE, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- {{DATELINECITY_DATE_GLOBENEWSWIRE_BUG}ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today that the Company's gross sales for the second quarter ended June 30, 2023, through Amazon.com were $3.61 million, which remains consistent with our quarter-over-quarter sales of $3.56 million in Q2 of 2022. In total, sales for the first six months of 2023 have increased by 5.3% to approximately $7.41 million, compared to $7.01 million for the six months ended June 30, 2022, last year.

ToughBuilt Industries Reports $3.61 Million in Q2 2023 Sales Through Amazon

IRVINE, Calif., June 23, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the closing of its previously announced public offering of 10,975,611 shares of its common stock (or pre-funded warrants in lieu thereof), together with warrants to purchase up to 10,975,611 shares of its common stock at an offering price to the public of $0.41 per share (or pre-funded warrant) and associated warrant. The warrants have an exercise price of $0.29 per share, are exercisable upon issuance, and will expire five years following the date of issuance.

ToughBuilt Industries Announces Closing of $4.5 Million Public Offering

IRVINE, Calif., June 21, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced the pricing of a public offering of 10,975,611 shares of its common stock (or pre-funded warrants in lieu thereof), together with warrants to purchase up to 10,975,611 shares of its common stock at an offering price to the public of $0.41 per share (or pre-funded warrant) and associated warrant. The warrants will have an exercise price of $0.29 per share, are exercisable upon issuance, and will expire five years following the date of issuance. The closing of the offering is expected to occur on or about June 23, 2023, subject to the satisfaction of customary closing conditions.

ToughBuilt Industries Announces Pricing of $4.5 Million Public Offering

IRVINE, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), reports today that it will broadcast a pre-recorded earnings call which discusses the Company's 2023 first quarter financial and operating results on Monday, May 22, 2023, at 5:00pm ET.

ToughBuilt Industries to Report First Quarter 2023 Financial Results on May 22, 2023

Increased Amazon Sales in Q1 represents a 10% growth from the same period in 2022 Increased Amazon Sales in Q1 represents a 10% growth from the same period in 2022.

ToughBuilt Industries Reports $3.8 Million In Q1 2023 Sales Through Amazon

ToughBuilt Industries Announces Fourth Quarter and Full Year 2022 Results

CORRECTION -- ToughBuilt Industries Announces Fourth Quarter and Full Year 2022 Results

LAKE FOREST, Calif., March 03, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today reports that it will hold an earnings call to discuss the Company's 2022 fourth quarter and year-end financial and operating results on Wednesday, March 15, 2023 at 5:00pm ET.

ToughBuilt Industries to Report Fourth Quarter and Full Year 2022 Financial Results on March 15, 2023

The new line adds more than 40 additional SKUs to ToughBuilt's current hand tools product offering The new line adds more than 40 additional SKUs to ToughBuilt's current hand tools product offering

ToughBuilt Announces Innovative New Line of Pliers and Clamps

IRVINE, Calif., Jan. 30, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today the launch of more than 20 new SKUs into the Handheld Wrenches segment, including adjustable wrenches, construction wrenches and pipe wrenches.

Toughbuilt Industries Announces the Launch of New Handheld Wrenches

IRVINE, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), is pleased to announce that the Company is expanding its distribution agreement with Sodimac, the largest home improvement and construction supplier in South America; In this extended agreement, stores in Chile, Peru, Argentina, Colombia, Brazil, and Uruguay will initially begin with 15 SKUs in-store and brings 23 SKUs to Sodimac's online marketplace.

ToughBuilt Announces New Expanded South American Distribution Agreement With Sodimac

IRVINE, Calif., Jan. 17, 2023 (GLOBE NEWSWIRE) --  ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today the launch of more than 40 new SKUs into the Handheld Screwdrivers segment, including ratcheting bit drivers, insulated screwdrivers, precision, slotted, Phillips, Torx, and cabinet screwdrivers and demolition drivers.

ToughBuilt Industries Launches All-New Screwdrivers

IRVINE, Calif., Jan. 09, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) announced today that gross global Amazon sales for 2022 through Amazon.com were approximately $15.91 million USD. This represents an approximate 25% increase from 11.87 million in Amazon sales in 2021. Throughout 2022, ToughBuilt introduced sales to new Amazon portals around the globe, including Brazil, France, Germany, Italy, Spain, and the United Kingdom, while continuing to foster sales in leading regional channels such as the United States and Canada.

News for Toughbuilt Industries Inc - Warrants - Series A (09/11/2023) Stock (TBLTW)