William Wyatt. The following constitutes Amendment B and are incorporated herein by reference. 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 Managing Partner as follows: The Shares Purchased by the Donerail Our lack of faith has only increased after interactions with other shareholders, who also seem to have lost all confidence in the Companys leadership. Charlotte Kiaie / Ashley Areopagita, 646-386-0091 company, Global Business Services group, from 2012 to 2016. As the parent of HFA and managing member of Donerail Group GP, HMC may be deemed to beneficially own the 860,816 shares of Common Stock directly beneficially owned by Donerail Master Fund. Agreement may be executed in counterparts, each of which shall be deemed an original and all of which, taken together, shall constitute William Wyatt Los Angeles Metropolitan Area The Donerail Group William Wyatt President at Financial Management Systems, Inc. Birmingham, AL Financial Management Systems, Inc. William. long as this Agreement is in effect, each of the undersigned shall provide written notice to Olshan Frome Wolosky LLP (Olshan), 240 26th Street. Los Angeles, CA 90402 William Wyatt is the Founder & Chief Investment Officer at The Donerail Group. As the Managing Partner of Donerail Group, which serves as the investment manager of Donerail Master Fund, Mr. Wyatt may be deemed to beneficially own the 860,816 shares of Common Stock owned directly by Donerail Master Fund. was an Advertising Director from July 2013 to February 2015 and an Executive Director, International Fashion from October 2009 to July New York, New York. empower mobile lifestyles, including as President from March 2018 to July 2019, Chief Commercial Officer from July 2017 to March 2018, operational and financial consulting for a private equity backed company in addition to teaching as an Adjunct Professor for Northern Illinois University and an MBA from J.L. William graduated from Tulane University and is . 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. Previously, Ms. Scherping served as a member of the board of directors corporation, Harbert Management Corporation, an Alabama corporation, and William Wyatt (collectively, Donerail) SCW Capital, 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. at as an Associate / Analyst at The Goldman Sachs Group, Inc. (NYSE: GS), an investment bank, from July 2006 to September 2010. which are currently exercisable, referencing 275,000 Shares, which may be deemed to be beneficially owned by Donerail, is approximately The aggregate of business) in open market purchases, except as otherwise noted in Schedule B, which is incorporated herein by reference. None will contain information that will enable anyone to contact you via telephone, e-mail, or any other means. We have invested significant time and resources recruiting a world-class slate that can bring the right skills and perspectives to the Board. Mr. Wyatt and Mr. Cathey are citizens of the United States of America. The principal business of Donerail is serving as the investment manager of the Donerail Fund, whose principal business is investing or any proposed agreement or negotiating position with respect to the Company. of the Reporting Persons may be deemed to be a member of a group with the other Reporting Persons for the purposes of Section The Universal Proxy is widely viewed as a best practice in contested elections, as it offers shareholders the ability to vote for their preferred mix of director candidates. The Donerail Group, LP, a Delaware limited partnership (Donerail), together with the other participants named herein, intends to nominate director candidates and file a preliminary proxy statement and accompanying WHITE proxy card with the Securities and Exchange Commission (SEC) to be used to solicit votes in connection with the 2022 annual meeting of stockholders of Turtle Beach Corporation, a Nevada corporation (the Company). However, given the inability to date to in December 2021. 13. Disallowed About Our Company Who We Are Our Corporate Responsibility Leadership LOS ANGELES, Dec. 22, 2021 (GLOBE NEWSWIRE) -- The Donerail Group LP (together with its affiliates, "Donerail", "We", or "Us"), one of the largest shareholders of Turtle Beach Corporation (the "Company" or "Turtle Beach") (NASDAQ:HEAR), with beneficial ownership of approximately 7.4% of the Company's outstanding shares, released the following statement on December 22, 2021: arrive at an agreeable framework on which discussions can reasonably progress, and in light of the upcoming deadline for shareholders Bowman is a founding partner of Donerail and serves as a Senior Analyst. 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. Santa Monica, CA 90402 . days. L. Scherping, CPA, CGMA, age 62, currently serves as Chief Executive Officer of KLS Advisors, Inc., a financial and executive leadership Nothing herein shall be construed to authorize any party to act as an agent for any other party, or to create a joint venture or partnership, group for the purpose of seeking representation on the Board of Directors of the Company (the Board) at the 2022 annual 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. company, from 2006 to 2008, General Manager & Director of Mobility Electronics, Inc. (formerly NASDAQ: MOBE) (n/k/a iGo, Inc.), then July 2009 to October 2009, as Executive Director, Luxury and Fashion at Lucky Magazine, a fashion and lifestyle magazine, from November Donerail focuses on U.S. equities with potential for transformational change or those experiencing some form of temporary dislocation in their business. highly qualified director candidates, including Terry Jimenez, Kimberly Kreuzberger, Katherine L. Scherping, Brian Stech, Michelle D. number of Shares outstanding as of January 31, 2022, as reported in the Issuers Annual Report on Form 10-K filed with the Securities design, functionality, sustainability, and lifestyle, since August 2021. Note:Schedules Prior to Donerail, he worked at Ares Management and Bank of America Merrill Lynch. Schedule 13D shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange All rights reserved. The race took place on May 10, 1913. For far too long, shareholders have seen the current Board preside over chronic underperformance, dismal operating results, poor capital allocation and weak corporate governance. We are convinced that with the right leadership and strategy in. Each core investment made by the Fund is intended to generate a co-investment opportunity, providing scale, additional control, catalyzing value creation, and offering private equity, structured credit, or preferred equity origination opportunities. described in Item 6, which is attached hereto as Exhibit 99.1 and incorporated herein by reference, in connection with Donerails REQUESTS FOR COPIES SHOULD BE DIRECTED TO THE PARTICIPANTS' PROXY SOLICITOR. Request a Preqin Pro demo for full access to all profiles and underlying data. Thank you for your interest in the U.S. Securities and Exchange Commission. Previously, Mr. Wyatt served at Starboard Value LP, a New York-based investment adviser, Donerail made his first career starts as a two-year old in 1912 and did well, winning four of his eighteen races. He will be succeeded at the helm by the President and Chief Operating Officer Kelly Williams. New York, New York 10019 (212) 451-2250 (Name, Address and Telephone Number of Person. (e) Item Authorized to Receive Notices and Communications) February 25, 2022 Brian AND AMENDMENTS THERETO FILED PURSUANT TO, (Name, Address and Telephone Number of Person, Authorized to Receive Notices 2015, including as Board Chair July 2019 through December 2022. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. Donerail Group, a newly formed private equity firm headed former Starboard Value executive Will Wyatt, is in negotiations to buy Chicago-based newspaper company Tronc. (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 . earned a B.A. (c) THE DONERAIL GROUP LP. serves as the Managing Partner of The Donerail Group LP, a value-driven investment manager, since July 2018, and serves as a Senior Managing Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Donerail Group Location 101 Park Ave Fl 30, New York, New York, 10178, United States Description Industry 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 . for Ralston Purina Company (n/k/a Nestl Purina PetCare Company), a former conglomerate with substantial holdings in food, pet price of $26.00 and expire on April 14, 2022, as set forth on Schedule B, which is incorporated herein by reference. Suite 3. 1 Represents an internal transfer of shares of Common Stock to SCW Capital QP, LP. Donerail Fund has sold short American-style exchange listed call options referencing an aggregate of 275,000 Shares, which have an exercise hours written notice to all other parties, with a copy by fax or email to Andrew Freedman at Olshan: Fax No. 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. By continuing to use our service, you agree to our use of cookies. OLSHAN FROME WOLOSKY LLP. Donerail Fund has purchased American-style exchange listed put options referencing an aggregate of 1,000,000 Shares, which have an exercise Agreement is governed by and will be construed in accordance with the laws of the State of New York. 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. The Shares purchased by Mr. Cathey were purchased with personal funds in open market purchases. 205.987.5500. Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. 12. Our slate includes experienced operators with expertise in gaming, capital allocation, strategic transactions, matters of corporate finance, operational turnarounds, supply chain management and, critically, effective public company governance and compensation programs. 1325 Avenue of the Americas. Donerail has built an exceptional platform, and I look forward to contributing to its growth.". (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 world's largest provider of portable storage solutions to explore a sale, people familiar with the matter said on Wednesday. Kreuzberger, age 41, currently serves as the founder of Pivot Projects, a management consulting firm, since October 2019 and as an The Donerail Group LP, an investment firm led by former activist hedge fund Starboard Value LP executive William Wyatt, is pushing Mastercraft Boat Holdings Inc. to explore a sale, people familiar with the matter said on Tuesday. 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. He served as Chairman and director at BestReviews.com, a subsidiary of Tribune, from in connection with its review of this Agreement and any Communication (as defined below). 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