Turtle Beach Corporation

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Turtle Beach Corporation
For more information regarding this transaction contact:
  • Mike Townley Investment Banking 213.536.0241
  • Tim Klein Investment Banking 612.260.6173

Lake Street is pleased to announce it served as co-managing underwriter for Turtle Beach Corporation, (NASDAQ:HEAR), a provider of market-leading audio products, in its underwritten public offering of 5,000,000 shares of common stock at a price of $1.00 per share.  Turtle Beach also completed a separate, concurrent, side-by-side private placement of 1,700,000 shares of common stock at a price of $1.00 per share.  Gross proceeds from the public offering and concurrent private placement totaled $6.7 million.

About Turtle Beach Corporation

Based in Valhalla, New York, Turtle Beach Corporation designs innovative, market-leading audio products for the consumer, healthcare and commercial sectors. Under its award-winning Turtle Beach brand, the Company has been the clear market share leader for the past five-plus years with its wide selection of acclaimed gaming headsets for use with Xbox One and PlayStation®4, as well as personal computers and mobile/tablet devices. Under the HyperSound brand, the Company markets pioneering directed audio solutions that have applications in hearing healthcare, digital signage and kiosks and consumer electronics.


Mike Townley
Head of Investment Banking


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Dave McDonald
Head of Life Science Investment Banking


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Tim Klein

Investment Banking


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Rob Martin

Investment Banking


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Steve Rickman

Investment Banking


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