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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 s...
ToughBuilt Industries Inc. successfully obtained a letter of credit from King Trade Capital (“KTC”), a provider of more than $2.5 billion in capital to over 400 public and private companies worldwide. Credit line expected to empower ToughBuilt Industries Inc. to strengthen purch...
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...
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), togethe...
The Company anticipates achieving positive operating cash flow by Q3 2024. Contributing factors include: Launching multiple products in revenue generating categories. Streamlining operations, improving cost-savings, and exercising cutbacks. Increasing prices, where necessary. ...
In January ToughBuilt announced an additional 16 SKUs would become available for the StackTech® Mobile Storage Ecosystem. ToughBuilt entered the Stacking Tool Storage and Toolbox market for the first-time beginning October 19, 2023, disrupting industry competitors and generating millio...
IRVINE, Calif., Dec. 26, 2023 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (NASDAQ: TBLT) (“ToughBuilt” or the “Company”), today announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 65 pre-split sha...
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...
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:...
ToughBuilt entered the Stacking Tool Storage and Toolbox market for the first-time beginning October 19 th , 2023, with an initial roll out of more than 25 SKUs. StackTech™ is the world’s first auto-locking stacking tool storage solution with 14 unique features. ...
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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 s...
ToughBuilt Industries Inc. successfully obtained a letter of credit from King Trade Capital (“KTC”), a provider of more than $2.5 billion in capital to over 400 public and private companies worldwide. Credit line expected to empower ToughBuilt Industries Inc. to strengthen purch...
IRVINE, Calif., Feb. 16, 2024 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt" or the "Company") (NASDAQ:TBLT, TBLTW)), today annou...