• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    ToughBuilt Industries Inc. filed SEC Form 8-K: Leadership Update

    2/13/25 5:00:39 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary
    Get the next $TBLT alert in real time by email
    false 0001668370 0001668370 2024-12-31 2024-12-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    PURSUANT TO SECTION 13 OR 15(D)

    OF THE SECURITIES EXCHANGE ACT OF 1934

     

    Date of Report (Date of earliest event reported): December 31, 2024

     

    TOUGHBUILT INDUSTRIES, INC.

    (Exact name of registrant as specified in its charter)

     

    Nevada   001-38739   46-0820877
    (State or other jurisdiction   (Commission File Number)   (IRS Employer
    of incorporation)       Identification No.)

     

    8669 Research Drive    
    Irvine, CA   92618
    (Address of principal executive offices)   (Zip Code)

     

    (949) 528-3100

    (Registrant’s telephone number, including area code)

     

    N/A

    (Former name or former address, if changed since last report.)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
       
    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
       
    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
       
    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading Symbol(s)   Name of each exchange on which registered
    Common Stock, par value $0.0001 per share   TBLT   OTC Markets Group – OTC Expert Market

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

     

     

    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

     

    Resignation of Chris Homeister, Director

     

    On December 31, 2024, Chris Homeister, independent Director of our Company, provided written notice to the Company’s Board of his resignation, effectively immediately. Mr. Homeister’s resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

     

    1

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

      ToughBuilt Industries, Inc.
       
    Date: February 13, 2025 By: /s/ Martin Galstyan
      Name:  Martin Galstyan
      Title: Chief Financial Officer

     

     

    2

     

     

    Get the next $TBLT alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $TBLT

    DatePrice TargetRatingAnalyst
    10/19/2021$1.50Buy
    HC Wainwright & Co.
    More analyst ratings

    $TBLT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Large owner Soffer Rochel bought $234,803 worth of shares (38,323 units at $6.13) and sold $35,594 worth of shares (5,166 units at $6.89), increasing direct ownership by 36% to 125,000 units (SEC Form 4)

    4 - Toughbuilt Industries, Inc (0001668370) (Issuer)

    8/6/24 2:07:14 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    New insider Soffer Rochel claimed ownership of 91,843 shares (SEC Form 3)

    3 - Toughbuilt Industries, Inc (0001668370) (Issuer)

    8/6/24 2:05:29 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    SEC Form 3 filed by new insider Pitterle Monica

    3 - Toughbuilt Industries, Inc (0001668370) (Issuer)

    7/31/24 3:02:40 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    $TBLT
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    HC Wainwright & Co. initiated coverage on ToughBuilt Industries with a new price target

    HC Wainwright & Co. initiated coverage of ToughBuilt Industries with a rating of Buy and set a new price target of $1.50

    10/19/21 6:40:39 AM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    $TBLT
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Large owner Soffer Rochel bought $234,803 worth of shares (38,323 units at $6.13) and sold $35,594 worth of shares (5,166 units at $6.89), increasing direct ownership by 36% to 125,000 units (SEC Form 4)

    4 - Toughbuilt Industries, Inc (0001668370) (Issuer)

    8/6/24 2:07:14 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    $TBLT
    SEC Filings

    View All

    ToughBuilt Industries Inc. filed SEC Form 8-K: Leadership Update

    8-K - Toughbuilt Industries, Inc (0001668370) (Filer)

    2/13/25 5:00:39 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    Amendment: SEC Form SCHEDULE 13G/A filed by ToughBuilt Industries Inc.

    SCHEDULE 13G/A - Toughbuilt Industries, Inc (0001668370) (Subject)

    2/13/25 1:46:17 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    SEC Form 10-K filed by ToughBuilt Industries Inc.

    10-K - Toughbuilt Industries, Inc (0001668370) (Filer)

    12/20/24 9:37:14 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    $TBLT
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    ToughBuilt Industries, Inc. Announces Receipt of Nasdaq Staff Determination Letter and Hearing Request

    IRVINE, Calif., July 03, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (NASDAQ:TBLT) ("ToughBuilt" or the "Company"), today announced its receipt of a Staff Determination letter from the Nasdaq Listing Qualifications department on June 28, 2024. The letter outlines the Staff's determination that the Company's securities are subject to delisting from The Nasdaq Stock Market due to non-compliance with Nasdaq's majority independent board and independent committee requirements, as well as the Company's failure to timely file its Form 10-K for the year ended December 31, 2023, and the Form 10-Q for the period ended March 31, 2024. The Nasdaq Listing Rules upon which the Staff's determin

    7/3/24 4:00:00 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    ToughBuilt Industries Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

    IRVINE, Calif., May 24, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (NASDAQ:TBLT) (the "Company") today announced that it has received a written notice (the "Notice") on May 22, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Form 10-Q for the quarter ended March 31, 2024 (the "Form 10-Q") and because the Company remains delinquent in filing its Form 10-K for the year ended December 31, 2023 (the "Form 10-K"), it is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule"), which requires listed companies to timely file all required periodic financial reports with the Securit

    5/24/24 4:10:00 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    Toughbuilt Industries Announces Receipt of Nasdaq Delinquency Notice

    IRVINE, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Toughbuilt Industries, Inc. (NASDAQ:TBLT), announced that on April 19, 2024, it received a staff determination notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") informing the Company that since the Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the "Annual Report"), the Company was no longer in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"). ToughBuilt has 60 calendar days from April 19, 2024, to submit a plan to Nasdaq outlining the Company's anticipated steps to regain compliance with the Listing Rule. The Company plans

    4/25/24 4:05:00 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    $TBLT
    Financials

    Live finance-specific insights

    View All

    ToughBuilt Industries Announces Third Quarter 2023 Results

    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. IRVINE, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) --  ToughBuilt Industries, Inc. ("ToughBuilt" or "the Company") (NASDAQ:TBLT, TBLTW))), today reported the Company's financial results for the fiscal quarter ended September 30, 2023. The Company will host its Q3 2023 earnings conference call today at 5:00 p.m. (ET). Financial Highlights for the Quarter Ended September 30, 2023, include: Revenues decreased by approximately 32% to $20.6 million for Q3 2023, compared to $30.2 million in Q3 2022. This decrease was primarily due to a decreased deman

    11/14/23 4:05:00 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

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

    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. Michael Panosian, Chief Executive Officer, and Martin Galstyan, Chief Financial Officer, will host the conference call to review the Company's financial and operating results. To attend the conference call, please dial one of the teleconference numbers below or follow the live audio webcast here. Attendees are encouraged to dial in to the conference call at least five minutes prior

    11/13/23 8:30:00 AM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

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

    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, ex

    9/21/23 4:15:00 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    $TBLT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by ToughBuilt Industries Inc.

    SC 13G/A - Toughbuilt Industries, Inc (0001668370) (Subject)

    11/14/24 7:29:15 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    SEC Form SC 13G filed by ToughBuilt Industries Inc.

    SC 13G - Toughbuilt Industries, Inc (0001668370) (Subject)

    8/6/24 2:09:20 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary

    SEC Form SC 13G filed by ToughBuilt Industries Inc.

    SC 13G - Toughbuilt Industries, Inc (0001668370) (Subject)

    2/21/24 4:38:52 PM ET
    $TBLT
    Industrial Machinery/Components
    Consumer Discretionary