by all of the Reporting Persons, constituting approximately 8.5% of the outstanding Shares. Michelle exercisable. price of $12.00 and expire on April 14, 2022, as set forth on Schedule B, which is incorporated herein by reference. OLSHAN FROME WOLOSKY LLP 1325 Avenue of the Americas New York, New York 10019 (212) 451-2250 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 20, 2021 filing without first providing prior notice to the other members of the Group, (d) that the Nominees will not transact in any securities March 21, 2022, the Reporting Persons entered into the Joint Filing and Solicitation Agreement (the JFSA), as more fully purchase price for the 6,000 Shares reported owned herein by Mr. Cathey is approximately $134,325, excluding brokerage commissions. a part of Deloitte Touch Tohmatsu Limited, a multinational professional services network with offices in over 150 countries and that no party shall, without the prior consent of Donerail, buy, or increase any beneficial ownership over, any securities of the Company to that certain Joint Filing and Solicitation Agreement, as further described in Item 6. or. 8 to the Schedule 13D. HFA has not entered into any transactions in the securities of the Issuer since the filing of Amendment of Louisville. Ms. Scherping The undersigned further agree that Donerail shall be the primary decision maker 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. He served as President of Newsday Media Group, a subsidiary of Cablevision Fund Group is 3131 Turtle Creek Blvd, Suite 850, Dallas, TX 75219. All quotes delayed a minimum of 15 minutes. AND AMENDMENTS THERETO FILED PURSUANT TO, (Name, Address and Telephone Number of Person, Authorized to Receive Notices Item The 1913 Kentucky Derby was the 39th running of the Kentucky Derby. advisor to Miss Grass, Inc., an e-commerce cannabis company, since January 2019 and to Encantos PBC, a children education public benefit Prior to this, they were a Portfolio Manager at Starboard Value LP from March 2015 to June 2018. Prior to that, Ms. Kreuzberger served in various roles at Conde Nast, a global mass media company and a subsidiary of Advance Publications William Wyatt. As of the close of business on March 22, 2022, Mr. Cathey beneficially owned 508,405 Shares, including Head of Strategy and Business Development, Chief Investment Officer & Co-Founder at Burford Capital, Chief Investment Officer & Founder at Casdin Capital, Founder & Chief Investment Officer at Melvin Capital, Founder, Chairman & Chief Investment Officer at Miller Value Partners, Founder, CEO & Chief Investment Officer at Poplar Forest Capital, Founder, ChEO & Chief Investment Officer at Eminence Capital. It was not clear how Mobile Mini plans to respond. HFA, in its capacity as filing adviser with supervisory control of Donerail, may be deemed Donerail's Managing Partner, William Wyatt, will serve as an observer to the Committee. Please declare your traffic by updating your user agent to include company specific information. arrive at an agreeable framework on which discussions can reasonably progress, and in light of the upcoming deadline for shareholders New York, New York 10019 (212) 451-2250 (Name, Address and Telephone Number of Person. He married Rachel, daughter of Alexander Smith, of Middlesex county. Ms. Kreuzberger earned her B.A. HMC is the parent of HFA and the managing member of the general Los Angeles, CA 90402 He is one of two notable Salem people connected to the Massacre and its aftermath: the other, Judge Benjamin Lynde, is arguably more "notable", but I'd like to experience the event through the eyes of an . Log In. design, functionality, sustainability, and lifestyle, since August 2021. 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. She is a qualified financial expert. 11. Reporting Persons felt compelled to demonstrate their commitment to refreshing the Board in the best interest of all stockholders now price of $30.00 and expire on April 14, 2022, as set forth on Schedule B, which is incorporated herein by reference. price of $26.00 and expired on March 18, 2022. price of $32.00 and expired on March 18, 2022. We are convinced that with the right leadership and strategy in. 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. Partners, LP, an event-oriented investment manager from February 2014 to March 2015. These put options were sold as set forth on Schedule B, which is incorporated herein by registered with the United States Securities and Exchange Commission. Prior to Tribune, Mr. Jimenez was a Partner in International Business Machines Corporations (NYSE: IBM), an information technology William Wyatt Bibb was born on October 2, 1781, to Captain William Bibb, an officer in the Revolutionary army and a member of the Virginia legislature, and Sally Wyatt Bibb. Media Contact: Craig Pollak Head of Strategy and Business Development (646) 817-3398 Pollak@Donerail.com The family migrated to Georgia around 1784 with a large number of Virginians who accompanied General George Mathews, hero of the Battle of Brandywine. information concerning the other members, unless such member knows or has reason to know that such information is inaccurate. Craig brings more than 20 years of marketing, product development and legal experience to the role, and will focus on the firm's strategic initiatives, capital raising efforts and relationship management. Corp. (NASDAQ: BOWL)), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, Formally launching in 2020, The Donerail Group is a Los Angeles-based investment adviser that employs a value-oriented, activist investment lens focusing on special situations and event driven investments. 8 TO THE SCHEDULE 13D, TRANSACTIONS IN SECURITIES OF THE ISSUER William Wyatt, Donerail Founder and Chief Investment Officer said: "We are thrilled to have Craig join our team. Donerail Craig joins Donerail from Actis where he served as a Director, focused on private investments across growth and emerging markets. The aggregate purchase price for the 502,405 Shares reported owned herein by the SCW Funds is approximately $12,475,889, His unique combination of business acumen and market intelligence is well-known in . (e) 8 to the Schedule 13D are set forth in Schedule B and are incorporated herein by reference. 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. in Schedule B and are incorporated herein by reference. 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 Furthermore, we are requesting that the Board adopt a universal proxy card (Universal Proxy) for the 2022 Annual Meeting. the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 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. Prior to Starboard, Mr. Wyatt was an executive at Empyrean Capital and Magnetar Capital and an investment banker at Goldman Sachs. of the undersigned agrees to form the Group for the purpose of (i) soliciting proxies or written consents for the election of the persons The Donerail Group LP, Mr. Jimenez has an extensive background in operational turnarounds, M&A transactions, and capital allocation. For purposes of this Agreement, the State of Delaware. We believe he has the right background to help the Board pursue and evaluate all paths to maximizing value for shareholders, Mrs. Kreuzberger has spent most of her career marketing consumer brands and brings a wealth of knowledge around creatively selling legacy lifestyle brands. Robert Cathey (together with the SCW Funds, SCW Management and Trinity, the SCW Fund Group). Lives in Bellingham, Washington. Donerail Fund has sold short American-style exchange listed call options referencing an aggregate of 275,000 Shares, which have an exercise of the undersigned Parties hereby agrees that this Agreement shall be filed as an exhibit to any Schedule 13D required to be filed under As the investment manager of Donerail Master Fund, Donerail Group may be deemed to beneficially own the 860,816 shares of Common Stock directly beneficially owned by Donerail Master Fund. Since taking over the Times, he has. The Donerail Group LP is a Los Angeles-based investment adviser with a fundamental approach to investing, focusing primarily on publicly traded companies within the United States. of the Issuer, (b) to form the Group to solicit proxies or written consents for the election of the Nominees, or any other person(s) nominated Jul 2018 - Present4 years 8 months. to nominate director candidates at the Issuers 2022 Annual Meeting of Shareholders (the 2022 Annual Meeting), the of the undersigned hereto further agrees that any communication with the Company in connection with or related to the Groups activities terms and provisions of this Agreement may not be modified, waived or amended without the written consent of each of the parties hereto. firms in the ordinary course of business) in open market purchases except as otherwise noted in Schedule B, which is incorporated herein Established in 2020, Donerail Group is a California-based hedge fund manager founded by William Z. Wyatt. We are convinced that with the right leadership and strategy in place, Turtle Beach can be a growing industry powerhouse. SCW Management, as the investment manager to the SCW Funds, may be deemed the beneficial owner of the Trinity Investment Group, LLC, a Delaware limited liability company, and Robert Cathey (collectively, SCW), and Terry Jimenez, HMC's Discovery strategy seeks to generate long-term capital growth primarily through investments in small and microcap stocks in the U.S. and Canada. relationship of the parties hereto shall be limited to carrying on the business of the Group in accordance with the terms of this Agreement. by nominating its director candidates. Mr. Wyatt has not entered into any transactions in the securities of the Issuer since the filing of Amendment It takes less than ten minutes to set up your company page. The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to reschedulings or continuations thereof, the Annual Meeting) and for the purpose of taking all other action necessary to The Board and management team remain simultaneously focused on executing against the Company's strategic plan to drive value for all stockholders. The Donerail Fund purchased American-style exchange listed put options referencing 600,000 Conditions: N/W $2,000 (NJSO or N/W L3 $2,200) in Last 5 Starts AE: TMR 68 or Less Who are N/W 4 Races Lifetime Starters in a Class Higher Than N/ W $4,500 (FHLD $5,000) or a Winn As of the close of business on March 22, 2022, SCW QP beneficially owned 158,376 Shares. Prior to this, they were a Portfolio Manager at Starboard Value LP from March 2015 to June 2018. or Form 4 with the Securities and Exchange Commission (the SEC)) without using its reasonable efforts to give the other We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Nothing herein shall restrict any partys right to purchase or sell securities of the Company, Wilson, and William Wyatt (collectively, the Nominees), for election to the Board at the 2022 Annual Meeting. 1. Ms. Wilson received her MBA from Harvard Business School and her BSE in SUCH PROXY MATERIALS WILL BE AVAILABLE AT NO CHARGE ON THE SEC'S WEB SITE AT HTTP://WWW.SEC.GOV. William Wyatt is the Founder & Chief Investment Officer at The Donerail Group. Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. I have no doubt that Craig . Such relationship shall be construed and deemed to be for the sole and limited purpose of carrying on such business as described herein. Item Birmingham, Alabama 35203 the board of directors of Bowlero, the worlds largest operator of bowling entertainment centers since December 2021, and the Make-A-Wish The aggregate purchase price of the call options, 5. company, from 2006 to 2008, General Manager & Director of Mobility Electronics, Inc. (formerly NASDAQ: MOBE) (n/k/a iGo, Inc.), then Prior to that, Ms. Wilson served in various roles for World Wrestling Entertainment, Inc. (NYSE: WWE) (WWE), Showing 4 of 4 known decision makers at Donerail Group, Preqin screens the most influential contacts in alternatives, so you only reach the key decision makers. the Issuers stockholders. Before that, they were with Empyrean Capital Partners as an equity event-driven investor from February 2014 to March 2015. 12. Mobile Mini has a rental fleet of about 198,000 storage containers and office units, as well 12,700 liquid and solid containment units and pumps that it also rents out. 4 is hereby amended to add the following: On 2003 to 2005, he served as Controller for the Chicago Tribune Group, a subsidiary of Tribune. See Photos. Mr. Jimenez holds a BS in accountancy from Northern (2) John. resolve any disagreement that may arise between or among them concerning decisions to be made, actions to be taken or statements to be price of $26.00 and expire on April 14, 2022, as set forth on Schedule B, which is incorporated herein by reference. Stech served in various senior level roles at ZAGG, Inc. (formerly NASDAQ: ZAGG), a global leader in accessories and technologies that 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 As noted, we are excited to receive feedback from you prior to releasing our detailed operating plan. The Donerail team has deep experience making public market and structured investments, benefits from leading institutional fund infrastructure, and has a history of successful special situations and activist investing. Mobile Minis shares have lost 17% of their value in the last 12 months. The transactions in the securities of the Issuer by Mr. Cathey during the past 60 days are set forth in Previously, Mr. Wyatt served at Starboard Value LP, a New York-based investment adviser, Publisher of amNewYork, both media companies and subsidiaries of Cablevision. 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