The principal business of HMC and its Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own. In November 2021, the U.S. Securities and Exchange Commission voted to adopt Universal Cards for contested elections, claiming that Universal Cards provided an important aspect of shareholder democracy. While the rule technically does not mandate companies to adhere to the adoption of Universal Cards until after August 31, 2022, we see no reason why Turtle Beach would not abide by the spirit of the newly-adopted regulatory requirements for the sake of this Annual Meeting. set forth herein. 240 26th Street. of Louisville. effecting any purchase, sale, acquisition or disposal of any securities of the Company which he or she has, or would have, direct or indirect Prior to that, she served at As of the close of business on March 22, 2022, Mr. Cathey beneficially owned 508,405 Shares, including With Turtle Beachs shares down approximately 60% since the current management took over eight years ago, this much is clear: Turtle Beach Needs a Reset. Donerail Group is part of the Internet Service Providers, Website Hosting & Internet-related Services industry, and located in New York, United States. In 1683 Richard and John Wyatt patented 650 acres in New Kent county, "formerly granted to Major William Wyatt." Announces Formation of 8.5% Shareholder Group with SCW Capital Management LP, Unveils an Experienced and Qualified Slate With a Vision for Turning Around Turtle Beach, Urges Board to Adopt Universal Proxy Card, a Widely-Accepted Governance Best Practice, for the 2022 Annual Meeting, Launches www.ResetTurtleBeach.com for Updates on Donerails Campaign for Change. This statement relates to Shares held for the account of a certain private investment fund for which Donerail The principal business address of the SCW Note: We do not offer technical support for developing or debugging scripted downloading processes. shall be at Donerails direction, and that the undersigned shall not participate in such communications with the Company on the filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. Log in or sign up for Facebook to connect with friends, family and people you know. Previously, Ms. Scherping also served as Senior Vice President & Chief Financial Longacre Square Partners Founder, Managing Partner & Chief Investment Officer, Buyouts in the US 2023: Preqin Territory Guide, Hedge funds performance update: January 2023, Deals, ranked: digital payments boom creates Indias new fintech decacorn, Preqin Global Reports 2023 webinar series | EMEA & Americas, LP Portfolio Monitoring in Action: HELIOS 3.0 unleashed, Placement Agents and Third-Party Marketers, Consulting and Corporate Advisory Services, LP & Capital Allocator Solutions (Colmore). Prior to Donerail, Mr. (c) Works at Retired. D. Wilson, age 56, has served as Co-Founder and Co-Chief Executive Officer of Isos Capital Management, an independent investment firm None will contain information that will enable anyone to contact you via telephone, e-mail, or any other means. He served as Chairman and director at BestReviews.com, a subsidiary of Tribune, from 8 TO THE SCHEDULE 13D, TRANSACTIONS IN SECURITIES OF THE ISSUER Trinity, as the general partner of the SCW Funds and SCW Management, may be deemed the beneficial owner It was not clear how Mobile Mini plans to respond. from Tribune Media Company in 2008, Mr. Jimenez served in various roles at Tribune Media Company (n/k/a Tribune Publishing Company). Reference ID: 0.35841402.1677721342.25e9ea0c. Each We have invested significant time and resources recruiting a world-class slate that can bring the right skills and perspectives to the Board. Illinois Universitys Executive MBA Program. with honors from Tulane University, where he was a Georges R. Lurcy Scholar and served as President of the Tulane University Accordingly, the Reporting Persons are hereby In addition to SCW, we have been humbled by the number of shareholders that have proactively reached out to praise our efforts to turn around Turtle Beach, and we encourage any Turtle Beach shareholder to contact us with thoughts and views on value creation. All quotes delayed a minimum of 15 minutes. information concerning the other members, unless such member knows or has reason to know that such information is inaccurate. and the recognized leader in promoting and developing the sports growth at every level in the United States, as Vice President parties rights and obligations under this Agreement (other than the rights and obligations set forth in Section 5 and Section 9 4 is hereby amended to add the following: On There is a bond dated February 1, 1710, of John Wyatt, Jr., of King and Queen county, son and heir of . Prior to that, Mr. The In addition to announcing our slate of director nominees, we are pleased to announce that SCW Capital Management, LP (SCW), one of the largest shareholders of Turtle Beach, has joined our effort to effect change at the Company. During her tenure, goop raised over $100 million of funding, experienced hyper growth from 16 to 260+ employees and received a valuation exceeding $300 million, She has extensive experience in growing consumer retail brands. The companys most recent quarterly earnings call in July said the business has been pressured by uncertainty fueled by Britains protracted negotiations to cease membership in the European Union. reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Pivot builds impactful storytelling platforms by offering marketing, e-commerce and operating services to new and existing talent led brands, Prior to Pivot Project, she was Chief Revenue Officer of goop, a wellness and lifestyle brand company founded by actress Gwyneth Paltrow. Fund no longer has any exposure to such call options. WHEREAS, certain of the undersigned empower mobile lifestyles, including as President from March 2018 to July 2019, Chief Commercial Officer from July 2017 to March 2018, the beneficial owner of the 860,816 Shares beneficially owned by Donerail, including 275,000 Shares underlying call options currently See Photos. partner of Donerail. Suite 3 business address of HFA and HMC is 2100 Third Avenue North, Suite 600, Birmingham, AL 35203. (b) Each and Exchange Commission on March 2, 2022. and the Nominees (collectively, the Group), in which, among other things, the members of the Group agreed (a) to the extent This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO). price of $26.00 and expired on March 18, 2022. services, the Advisory Board for Northern Illinois Universitys Business School as well as the Presidents Advisory Council accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended (the Exchange Act), each of Each member of the Group shall be responsible (d) See Photos. Previously, Ms. Kreuzberger served at goop Inc., a wellness and lifestyle company, where she was Chief Revenue Mr. Jimenez holds a BS in accountancy from Northern Ms. Kreuzberger earned her B.A. This Amendment No. 9 to the Schedule 13D filed by the undersigned (Amendment No. Any party hereto may terminate his/her/its obligations under this Agreement on 24 As the investment manager to each of SCW Capital and SCW QP, SCW Management may be deemed to beneficially own the 502,405 shares of Common Stock beneficially owned in the aggregate by the SCW Funds. at Footwear News, a footwear publication, from September 2003 to October 2005. This Previously, Mr. Stech served as Chief Executive Officer of Incipio Each that each party agrees not to purchase or sell securities of the Company or otherwise increase or decrease its economic exposure to or We marry our research-driven approach with a deep breadth of strategic relationships in our focus on complex situations. (Reuters) - The Donerail Group, an investment firm led by former activist hedge fund Starboard Value LP executive William Wyatt, has built a stake in Mobile Mini Inc MINI.O and is pushing the. The information required Donerail's Managing Partner, William Wyatt, will serve as an observer to the Committee. She also has over 18 years of experience in executive financial leadership roles and has received multiple awards for her outstanding accomplishments, She is a financial expert with more than 38 years of finance, accounting and managerial experience, Mr. Stech is currently the CEO of Vinci Brands, a privately-held global leader of consumer tech solutions, and was previously the CEO of Incipio Group, Previously, he was President of SteelSeries, a leading global gaming peripherals and esports business that recently was acquired by GN Store Nord in October 2021, Mr. Stech was also President of ZAGG, Inc. (NASDAQ: ZAGG), a global leader in accessories that empower mobile lifestyles, Many Vinci, Incipio Group, ZAGG and SteelSeries brands and products are sold in the same retail partners as Turtle Beach, Mr. Wyatt is the Managing Partner of The Donerail Group LP, an investment management firm, with more than 15 years of experience advising and investing in companies in the retail and consumer sectors, Prior to Donerail, he was a Portfolio Manager at Starboard Value LP, a New York-based investment adviser, where he served as the Head of Event Driven Investments, Mr. Wyatt also served in a variety of investment and leadership roles at Empyrean Capital, Magnetar Capital and Goldman Sachs, Mrs. Kreuzberger founded Pivot Projects, a full-service business partner for celebrity talent. William Wyatt's Professional Contact Details Email (Verified) w**@donerail.com Get Email Address Mobile Number (Verified) (713) XXX-XXXX Get Mobile Number HQ +1 310-598-3935 Location Los Angeles, California Company The Donerail Group William Wyatt's Current Company Details The Donerail Group Santa Monica, California 6 Employees reschedulings or continuations thereof, the Annual Meeting) and for the purpose of taking all other action necessary to Kimberly Kreuzberger, Katherine Scherping, Brian Stech, and Michelle Wilson (collectively, the Nominees) wish to form a These call options expired worthless pursuant to their terms and, accordingly, the Donerail Donerail, which was launched by Wyatt last year, declined to comment. Agreement may be executed in counterparts, each of which shall be deemed an original and all of which, taken together, shall constitute was an Advertising Director from July 2013 to February 2015 and an Executive Director, International Fashion from October 2009 to July Kimberly No Reporting Person, any person listed on Schedule A, or the Donerail Fund has, during the last five years, been party to a civil Donerail We look forward to continuing to engage with the Companys shareholders in the coming weeks and months. Item such notice to be given no later than four (4) hours after each such transaction, of (i) any of their purchases or sales of securities Request a Preqin Pro demo for full access to all profiles and underlying data. where he was a Portfolio Manager from March 2015 to June 2018. HFA and HMC are incorporated under the laws of the State of Alabama. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. The Donerail Group LP is a Los Angeles-based investment adviser that employs a value-oriented investment lens focusing on special situations and event driven investments. Prior to Starboard, Mr. Wyatt served in a variety of investment and leadership roles at Empyrean Capital, Magnetar Capital, and Goldman Sachs. Integrated Marketing for the XFL, which was a professional American football league that was operated as a joint venture between World The Donerail Group. Mr. Stech received his B.S. Donerail, which owns a 7.4% stake in Turtle Beach, initially called on the maker of gaming headsets and controllers to put itself up for sale and then became a bidder, offering as much as $36.50 a . The Donerail Group is an alternative investment firm focused on special situations and highly structured equity investments. Log In. for the accuracy and completeness of his/her/its own disclosure therein, and is not responsible for the accuracy and completeness of the the Issuers stockholders. arrive at an agreeable framework on which discussions can reasonably progress, and in light of the upcoming deadline for shareholders In the event of any dispute arising Item 5(a) (c) are hereby amended and restated to read as follows: The in connection with the activities of the Group, including approved expenses incurred by any of the member of the Group in connection with the board of directors of Bowlero, the worlds largest operator of bowling entertainment centers since December 2021, and the Make-A-Wish Our lack of faith has only increased after interactions with other shareholders, who also seem to have lost all confidence in the Companys leadership. As of the date hereof, Donerail Master Fund directly beneficially owns 860,816 shares of Common Stock, par value $0.001 per share (the Common Stock), including 275,000 shares of Common Stock underlying call options currently exercisable. Suite 3. Section 4 or as otherwise agreed to by the parties. As of the date hereof, Messrs. Jimenez and Stech and Messes. the Donerail Fund purchased American-style exchange listed put options referencing an aggregate of 1,000,000 shares, which had an exercise Sole power to vote or direct vote: -0-. the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule LOS ANGELES--(BUSINESS WIRE)--The Donerail Group LP (together with its affiliates, Donerail, we or us), one of the largest shareholders of Turtle Beach Corporation (NASDAQ: HEAR) (Turtle Beach or the Company), today issued the below letter to shareholders regarding its nomination of a full slate of six highly qualified and independent candidates for election to the Companys Board of Directors (the Board) at the 2022 Annual Meeting of Shareholders (the Annual Meeting): It is clear to us that wholesale change is urgently needed in Turtle Beachs boardroom in order to catalyze enhanced value creation. Notwithstanding The principal occupation of Mr. Wyatt is serving as Managing Partner of Donerail. On 2 Represents an internal transfer of shares of Common Stock from SCW Capital LP. As of the date hereof, SCW QP directly beneficially owns 158,376 shares of Common Stock. parties hereto: 1. Prior to joining Tribune Media Company, To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. This statement is filed by: Each of the foregoing is referred The family migrated to Georgia around 1784 with a large number of Virginians who accompanied General George Mathews, hero of the Battle of Brandywine. WILLIAM WYATT. Donerail and SCW hereby agree to work in good faith to Items protection, carry and power solutions operating an innovative and diverse portfolio of owned and licensed brands at the intersection of Mr. Wyatt and Mr. Cathey are citizens of the United States of America. proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, The full text of the letter is attached hereto as Exhibit 99.2 and is incorporated herein by reference. SYSTEMS AND METHODS FOR BARCODING CELLS AND CELL BEADS Publication number: 20220403452 There is a bond dated February 1, 1710, of John Wyatt, Jr., of King and Queen county, son and heir of Anne Wyatt, daughter of Rice Jones, of Middlesex county. advisory firm, since October 2011. efforts to seek changes to the composition of the Issuers Board of Directors (the Board) and management. With data and benchmarks that track back more than 40 years, Preqin Pro is the most trusted data provider in the industry. Item The Prior to Donerail, she worked for Beautycounter, BuckleySandler LLP, and Forever21. The 1913 Kentucky Derby was the 39th running of the Kentucky Derby. to nominate director candidates at the Issuers 2022 Annual Meeting of Shareholders (the 2022 Annual Meeting), the securities investments. The Donerail Group LP, a Delaware Limited Partnership (Donerail); Harbert Fund Advisors, Inc., an Alabama Corporation (HFA); Harbert Management Corporation, an Alabama Corporation (HMC and together with Donerail, To Over the past year, Donerail has conducted extensive due diligence and become one of the largest shareholders of Turtle Beach. Persons believe the Nominees have the necessary skills and experience to help set the Issuer on the right path towards maximizing value The following constitutes Amendment in securities. In 1680 he was one of the justices of New Kent county. 8 to the Schedule 13D. by reference. March 21, 2022, the Reporting Persons into a Joint Filing and Solicitation Agreement (the JFSA) with certain of their affiliates William Wyatt Los Angeles Metropolitan Area The Donerail Group William Wyatt President at Financial Management Systems, Inc. Birmingham, AL Financial Management Systems, Inc. William. 9. price of $12.00 and expired on March 18, 2022. THE DONERAIL GROUP LP. The principal business address of Donerail and Mr. Wyatt is 240 26th Street, Suite 3, Santa Monica, CA 90402. filing without first providing prior notice to the other members of the Group, (d) that the Nominees will not transact in any securities With the help of these nominees and our network of consultants and advisors, we have also developed an operating plan that we believe would properly maximize the value of Turtle Beachs unique set of assets and allow for equity value creation performance at least on par with (and hopefully surpassing) its best-in-class competitors. Prior to that, Ms. Kreuzberger served in various roles at Conde Nast, a global mass media company and a subsidiary of Advance Publications a media and publishing company, from January 2020 to June 2021. He will be succeeded at the helm by the President and Chief Operating Officer Kelly Williams. The undersigned further agree that Donerail shall be the primary decision maker The AP news staff was not involved in its creation. or Form 4 with the Securities and Exchange Commission (the SEC)) without using its reasonable efforts to give the other If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Each Individually and as attorney-in-fact for OLSHAN FROME WOLOSKY LLP 1325 Avenue of the Americas New York, New York 10019 (212) 451-2300 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 28, 2022 a global media and entertainment company, including as Co-President and member of the Board of Directors from February 2018 to January His unique combination of business acumen and market intelligence is well-known in the investment community, and his reputation and character fit ideally within the culture that we are building at the firm. William graduated from Tulane University and is . The Donerail Group is a new special situations hedge fund that will invest opportunistically in public equity securities with defined and architected paths to value creation. days. Read More John Weaver's Phone Number and Email Last Update 11/9/2022 2:51 AM Email w***@donerail.com Engage via Email Contact Number (310) ***-**** Engage via Phone of the Reporting Persons may be deemed to be a member of a group with the other Reporting Persons for the purposes of Section We also use them to share usage information with our partners. described in Item 6, which is attached hereto as Exhibit 99.1 and incorporated herein by reference, in connection with Donerails Mr. Wyatt served as a Consumer Retail Sector Head Donerail's Managing Partner, William Wyatt, will serve as an observer to the Committee. Media Contact:Craig PollakHead of Strategyand Business Development(646) 817-3398[emailprotected], Cision Distribution 888-776-0942 Please contribute data. As a filing adviser with supervisory control of Donerail Group, HFA may be deemed to beneficially own the 860,816 shares of Common Stock directly beneficially owned by Donerail Master Fund. The HMC internet website may occasionally use a cookie in order to provide better service, to facilitate your use of the website, to track usage of the website, and to address security hazards. 240 26th Street William Wyatt Vice President Specialties: Tenant Representation, CRE Investment Services, Office, Land Will specializes in commercial real estate investment sales, ranging from office and land transactions to mixed-use and multi-family. the largest cinema advertising network in the U.S., from August 2016 to March 2020. Previously, Ms. Scherping served as a member of the board of directors Executive Vice President & General Counsel, Trinity Investment Group, LLC, its general partner, Purchase of March 18, 2022 Put Options ($26.00 Strike Price), Short Sale of April 14, 2022 Put Options ($26.00 Strike Price), Sale of March 18, 2022 Put Options ($12.00 Strike Price), Purchase of April 14, 2022 Call Options ($26.00 Strike Price), Short Sale of April 14, 2022 Call Options ($30.00 Strike Price), Purchase of April 14, 2022 Put Options ($12.00 Strike Price), The Donerail Group LP, its investment manager. In the meantime, please visit www.ResetTurtleBeach.com to learn more. the Donerail Fund purchased American-style exchange listed call options referencing an aggregate of 600,000 shares, which had an exercise 13D, and any amendments thereto, with respect to the securities of the Company, if applicable. Mr. Wyatt, as the Managing Partner of Donerail, may be deemed the beneficial owner of the 860,816 Shares As of the date hereof, Mr. Cathey directly beneficially owns 6,000 shares of Common Stock. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Sole power to vote or direct vote: 6,000. Item for Northern Illinois University and is a member of the Economic Club of Chicago. Fund were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course LP, a Cayman Islands limited partnership, the Harbert Donerail Fund GP LLC, a Delaware limited liability company, the Donerail Group LP, of the undersigned agrees that any filing with the SEC, press release, or communication (each, a Communication) proposed William Wyatt, age 38, currently Wilson, and William Wyatt (collectively, the Nominees), for election to the Board at the 2022 Annual Meeting. 2 is hereby amended and restated to read as follows: (a) THE DONERAIL GROUP LP. Systems Corporation (Cablevision and n/k/a Altice USA Inc. (NYSE: ATUS)), a cable television provider, from September 2009 With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers. price of $26.00 and expire on April 14, 2022, as set forth on Schedule B, which is incorporated herein by reference. purchase price for the 6,000 Shares reported owned herein by Mr. Cathey is approximately $134,325, excluding brokerage commissions. ANDREW FREEDMAN, ESQ. by nominating its director candidates. and Communications), (Date of Event Which Requires highly qualified director candidates, including Terry Jimenez, Kimberly Kreuzberger, Katherine L. Scherping, Brian Stech, Michelle D. HMC is the parent of HFA and the managing member of the general February 2018 to February 2020 and as Executive Vice President and Chief Financial Officer of Tribune from April 2016 to January 2020. and all applicable securities laws. Inc., a global media company, including as Executive Director, International Fashion at Vogue, a fashion and lifestyle publication, from that no party shall, without the prior consent of Donerail, buy, or increase any beneficial ownership over, any securities of the Company The Since taking over the Times, he has. The transactions in the securities of the Issuer by SCW QP during the past 60 days are set forth in Schedule forth herein, none of the persons listed on Schedule A beneficially owns any securities of the Issuer or is a party to any contract, agreement Unfortunately, we have grown deeply concerned with the Boards willful ignorance of its fiduciary obligations and are rightfully skeptical of managements ability to change the Companys downward trajectory. Donerail that sold tobacco and food products, and Senior Product Development for Johnson & Johnson (NYSE: JNJ), which is engaged in the research Donerail focuses on U.S. equities with potential for transformational change or those experiencing some form of temporary dislocation in their business. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. He has diverse M&A, turnaround, and leadership experience in global sales, marketing, product and general management roles, Mr. Wyatt brings capital markets acumen, significant M&A experience, and independent shareholder perspectives to the Donerail slate. Prior to Starboard, Mr. Wyatt was an executive at Empyrean Capital and Magnetar Capital and an investment banker at Goldman Sachs. He married Rachel, daughter of Alexander Smith, of Middlesex county. owner of the 860,816 Shares beneficially owned by Donerail, including 275,000 Shares underlying call options currently exercisable. 2. company, from 2006 to 2008, General Manager & Director of Mobility Electronics, Inc. (formerly NASDAQ: MOBE) (n/k/a iGo, Inc.), then Media Contact: Craig Pollak Head of Strategy and Business Development (646) 817-3398 Pollak@Donerail.com 49, most recently served as Chief Executive Officer and director at Tribune Publishing Company (formerly NASDAQ: TPCO) (Tribune), He apparently broke down at the end of his 4-year-old season and could not start at all at 5, and never regained his earlier form afterward. Nous, Yahoo, faisons partie de la famille de marques Yahoo. in December 2021. the State of Delaware. These individuals are not only well-suited to implement a reset at Turtle Beach and better navigate the industry, but they also understand the tenets of sound corporate governance. Suite 3. or.