Monday, October 27, 2025 from Floor Daily.

On October 6, Tile Shop Holdings announced plans to deregister with the SEC and delist from the NASDAQ through a reverse stock split, reports Truist.

The reverse stock split will be between 1-for-2,000 and 1-for-4,000. Those owning fewer shares than the split ratio will be paid $6.60 per share, while those above it will remain investors. This decision was made to save approximately $2.4 million annually in public company costs and to allow management to focus more on operations and long-term growth. The reverse split will be voted on in a special shareholder meeting in December.