TBLTW - ToughBuilt Industries, Inc. WT EXP 110923

NasdaqCM - NasdaqCM Delayed Price. Currency in USD
0.0499
-0.0006 (-1.19%)
At close: 2:08PM EDT
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Previous Close0.0505
Open0.0501
Bid0.0401 x 1200
Ask0.0500 x 42300
Day's Range0.0350 - 0.0501
52 Week Range0.0020 - 0.2500
Volume57,970
Avg. Volume83,209
Market CapN/A
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • TOUGHBUILT CONTINUES TO FORGE AHEAD WITH ITS BUSINESS PLAN, SUPPORTING ITS EMPLOYEES AND CUSTOMERS DURING CORONAVIRUS CRISIS
    GlobeNewswire

    TOUGHBUILT CONTINUES TO FORGE AHEAD WITH ITS BUSINESS PLAN, SUPPORTING ITS EMPLOYEES AND CUSTOMERS DURING CORONAVIRUS CRISIS

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW) announced today that despite recent conditions due to the coronavirus pandemic and resulting stock market turmoil, it is continuing to employ its entire workforce, while working remotely for their safety. The Company continues to supply products to its existing and new customers, both through traditional and online channels.

  • TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH HASPAKA GROUP
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH HASPAKA GROUP

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced an agreement with Haspaka for the distribution of its product offerings by the Israeli-based distributor. Haspaka Group, an ‘Industrial Supply - Professional Tools Store’ serves both large factories and professionals that require a wide range of tools and equipment. Haspaka reaches about 18 different nations and provides a unique opportunity for ToughBuilt products to get into the hands of professionals and retail outlets serving their communities.

  • ToughBuilt Industries to Launch New SKUs; Widen Distribution Network
    Newsfile

    ToughBuilt Industries to Launch New SKUs; Widen Distribution Network

    Lake Forest, California--(Newsfile Corp. - March 13, 2020) - ToughBuilt Industries, Inc. (NASDAQ: TBLT) (NASDAQ: TBLTW) ("ToughBuilt") is an innovator within the home improvement and construction products space. The Company designs, develops, manufactures, and distributes a number of innovative products for the building industry in the United States and across the globe. With a core focus on safety, Toughbuilt's key offerings include tool pouches, tool rigs, tool belts and accessories, tools bags, totes, office ...

  • TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH PRO GROUP
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH PRO GROUP

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced a distribution agreement with PRO Group which represents more than $5.25 billion in annual buying power through PRO Hardware, Garden Master, Golden-Link, and FARMMART. PRO Group, Inc. is a merchandising and marketing firm dedicated to generating ideas and developing for-profit programs for Distributor and Retailer Members.

  • TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH DISTRIBUTION AMERICA
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES DISTRIBUTION AGREEMENT WITH DISTRIBUTION AMERICA

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced a distribution agreement with Distribution America – a hardware store retailers' cooperative with 15,000 affiliated retail locations. Distribution America is one of the most respected distributor and service providers in the United States.

  • TOUGHBUILT™ LAUNCHES 87 PRODUCTS ON ZORO.COM
    GlobeNewswire

    TOUGHBUILT™ LAUNCHES 87 PRODUCTS ON ZORO.COM

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today announced its highly engineered product lines, setting the standard for durability, product life and reliability in the harshest of operating conditions, are now available on Zoro.com. 87 products have been launched on Zoro.com: 55 in the hand tool products category, 16 products in the gloves & safety category, 9 products in the office supplies category and 7 in the power tools and accessories category. Zoro.com, a subsidiary of W.W. Grainger, carries top brands, and it caters to the small to mid-size contractor and do it yourself markets.

  • Toughbuilt Announces Pricing of Upsized $9.0 Million Underwritten Public Offering
    GlobeNewswire

    Toughbuilt Announces Pricing of Upsized $9.0 Million Underwritten Public Offering

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and do-it-yourself construction industries, today announced the pricing of an underwritten public offering of 43,000,000 shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and warrants to purchase up to 21,500,000 shares of the Company’s common stock. Each share of common stock or pre-funded warrant is being sold together with a warrant to purchase 0.5 shares of common stock.

  • TOUGHBUILT™ ANNOUNCES INITIAL LAUNCH OF HAND TOOL PRODUCTS
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES INITIAL LAUNCH OF HAND TOOL PRODUCTS

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW) is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and do-it-yourself construction industries. ToughBuilt today announced that in the first half of 2020 it will launch 14 categories of high quality, innovative hand tools for the professional and DIY markets.

  • TOUGHBUILT™ ANNOUNCES ANNUAL SALES RESULTS FOR 2019
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES ANNUAL SALES RESULTS FOR 2019

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW) is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and do-it-yourself construction industries. ToughBuilt today announced that its total gross sales for 2019 exceeded $20.0 million and net of allowances, total 2019 sales were approximately $19.2 million1, compared to $15.3 million, net of allowances, for 2018.

  • TOUGHBUILT™ ANNOUNCES CONTINUED GROWTH IN SALES IN FIRST NINE MONTHS OF LAUNCH OF AMAZON STOREFRONTS WITH $700,000 IN SALES FOR DECEMBER 2019, AN INCREASE OF 55% OVER NOVEMBER 2019 SALES
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES CONTINUED GROWTH IN SALES IN FIRST NINE MONTHS OF LAUNCH OF AMAZON STOREFRONTS WITH $700,000 IN SALES FOR DECEMBER 2019, AN INCREASE OF 55% OVER NOVEMBER 2019 SALES

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), is an advanced product design, manufacturer and distributor with emphasis on innovative products, which is currently focused on tools and other accessories for the professional and do-it-yourself construction industries. Today, it announced that its U.S. and Canadian Amazon storefronts had sales of $0.7 million for the month of December 2019, an increase of $0.25 million, or a 55% increase in sales over the $0.45 million reported for November 2019 (at which pace, the Company will exceed the $5.4 million run rate announced based upon November 2019 sales).

  • TOUGHBUILT™ ANNOUNCES HISTORIC INCREASE IN GROWTH IN YEAR OVER YEAR SALES IN U.K.
    GlobeNewswire

    TOUGHBUILT™ ANNOUNCES HISTORIC INCREASE IN GROWTH IN YEAR OVER YEAR SALES IN U.K.

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), is an advanced product design, manufacturer and distributor with emphasis on innovative products, currently focused on tools and other accessories for the professional and do-it-yourself construction industries. The company announced today that its sales in the United Kingdom were $1,750,000 for 2019, as compared to $726,000 in 2018. It shows the popularity of our products and brand acceptance in Western Europe, a market we are focused to grow quickly.

  • ToughBuilt Regains Compliance with Nasdaq Stockholders Equity Requirement
    GlobeNewswire

    ToughBuilt Regains Compliance with Nasdaq Stockholders Equity Requirement

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a cutting edge product design, manufacturer and distributor of innovative products, tools and other accessories for the professional and do-it-yourself construction industries, is pleased to announce that on December 27, 2019, it received notification from the Listing Qualifications Department of the Nasdaq Stock Market indicating (i) that the Company has met the minimum stockholders equity requirement set forth in Listing Rule 5550(b)(1) and (ii) that the Company has been granted an additional 180-day grace period to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule 5550(a)(2). Nasdaq has determined that the Company complies with Listing Rule 5550(b)(1), which requires a stockholders’ equity of $2.5 million.

  • TOUGHBUILT ANNOUNCES FINAL EXPIRATION OF SERIES B WARRANTS FROM GREENSHOE
    GlobeNewswire

    TOUGHBUILT ANNOUNCES FINAL EXPIRATION OF SERIES B WARRANTS FROM GREENSHOE

    ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced that the final tranche of Series B Warrants from the December 17, 2018 “greenshoe” to its initial public offering has expired. This completely removes the Series B Warrant derivative liability from its balance sheet which existed on its September 30, 2019 balance sheet as reported in its Quarterly Report on Form 10-Q for that period as filed with the SEC on November 19, 2019. ToughBuilt is a groundbreaking designer, manufacturer and distributor of innovative tools and accessories to the building industry.

  • ToughBuilt Announces Appointment of New Board Member
    GlobeNewswire

    ToughBuilt Announces Appointment of New Board Member

    ToughBuilt Industries, Inc. (''ToughBuilt'') (NASDAQ: TBLT; TBLTW), a cutting edge product design, manufacturer and distributor of innovative products, tools and other accessories for the professional and do-it-yourself construction industries, today announced the appointment of Linda Moossaian, CPA, to its Board of Directors. Ms. Moossaian is an achievement-oriented financial strategist with an exceptional record of successful initiatives in financial planning, profit optimization, joint venture accounting, and treasury management.

  • ToughBuilt Amazon Storefront Update: November Sales Exceeds Average Monthly Revenue for First Seven Months of Operation by 75%
    GlobeNewswire

    ToughBuilt Amazon Storefront Update: November Sales Exceeds Average Monthly Revenue for First Seven Months of Operation by 75%

    ToughBuilt Industries, Inc. (''ToughBuilt'') (NASDAQ: TBLT; TBLTW), a cutting edge product design, manufacturer and distributor of innovative products, tools and other accessories for the professional and do-it-yourself construction industries, today announced that its U.S. and Canadian Amazon storefronts had sales of $450,000 for the month of November 2019 (or sales in the initial eight months of operation in excess of $2.25 million, up from the $1.8 million announced for the initial seven months of operation).

  • ACCESSWIRE

    ToughBuilt to Present at the 2019 LD Micro Virtual Conference

    TBLTW), a designer,manufacturer and distributor of innovative tools and accessories to the building industry, today announced that it will be presenting at the second annual LD Micro Virtual Conference on Wednesday, March 13th, at 5:00 PM EST / 2:00 PM PST. Michael Panosian, Chief Executive Officer of ToughBuilt, will be giving the presentation and answering questions from investors. "We are delighted to be hosting our second virtual event in order to showcase some of the truly unique names in micro-cap" stated Chris Lahiji, President of LD Micro.

  • ACCESSWIRE

    ToughBuilt Granted Two New U.S. Design Patents Covering Ruggedized Mobile Devices

    NASDAQ: TBLTW), a designer, manufacturer and distributor of innovative tools and accessories to the building industry and home improvement sector, today announced that the United States Patent and Trademark Office (USPTO) has granted two new design patents (US D840,961 S and US D841,635 S) that cover ToughBuilt's ruggedized mobile devices, which are valid for a period of 15 years. ToughBuilt has developed a line of ruggedized smartphones with proprietary applications designed to maximize the productivity of construction workers and building enthusiasts in the field.

  • ToughBuilt Partners with WingPoint Group to Launch Amazon Online Storefront along with New Product Categories
    GlobeNewswire

    ToughBuilt Partners with WingPoint Group to Launch Amazon Online Storefront along with New Product Categories

    TBLTW), a designer, manufacturer and distributor of innovative tools and accessories to the building industry, today announced it has partnered with WingPoint Group, a manufacturers’ consulting agency, to help launch and manage ToughBuilt’s Amazon online store front and overall online presence.

  • ToughBuilt to Sponsor NextGen Motorsports and Juan Manuel Gonzalez for the 2019 NASCAR K&N Pro Series
    GlobeNewswire

    ToughBuilt to Sponsor NextGen Motorsports and Juan Manuel Gonzalez for the 2019 NASCAR K&N Pro Series

    TBLTW), a designer, manufacturer and distributor of innovative tools and accessories to the building industry, today announced it will sponsor NextGen Motorsports and returning driver Juan Manuel Gonzalez for the 2019 NASCAR K&N Pro Series, a regional stock car racing series sanctioned by NASCAR. ToughBuilt joins NextGen Motorsports aligning with its mission to develop young, minority drivers hoping to fulfill their dreams to become NASCAR Cup Series drivers.  ToughBuilt has identified NASCAR as the motorsport that most resembles its core values of quality and design.

  • ToughBuilt Announces Agreement with Major European Distributor
    GlobeNewswire

    ToughBuilt Announces Agreement with Major European Distributor

    TBLTW), a designer, manufacturer and distributor of innovative tools and accessories to the building industry, today announced it has entered into a distribution agreement with Toolbank, one of Europe's leading specialist distributors of hand and power tools to independent retailers.

  • ToughBuilt Launches Sales with Menards® Home Improvement Chain
    GlobeNewswire

    ToughBuilt Launches Sales with Menards® Home Improvement Chain

    TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories to the building industry, today announced it has formally launched product sales following an earlier distribution agreement with Menards, Inc. (Menards®), a leading midwestern home improvement chain. A family-owned company started in 1958, Menards is headquartered in Eau Claire, Wisconsin and has more than 300 home improvement stores located in Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin and Wyoming.

  • ToughBuilt CEO Michael Panosian Provides Letter to Shareholders
    GlobeNewswire

    ToughBuilt CEO Michael Panosian Provides Letter to Shareholders

    "It is my sincere pleasure to address you through this letter and inform you of the progress, opportunities, and potential of ToughBuilt.  I hope to use this letter as a means to highlight the foundation we have built, but more importantly, the work we will do to make our company successful. As we start the new year, I wanted to share an overview as to what has transpired at ToughBuilt, focusing on what has taken place during last year and why we are so excited about the future. In November 2018, we completed our Initial Public Offering and started trading on the NASDAQ Capital Market under the ticker symbol “TBLT.” We raised $13.35 million which will go towards sales and marketing, developing new products, increasing production capacity, and for general corporate purposes.