TOUGHBUILT ANNOUNCES THAT ITS CLASS A UNITS WILL BEGIN TRADING SEPARATELY AS COMMON STOCK AND SERIES A WARRANTS EFFECTIVE NOVEMBER 22, 2019
Toughbuilt Industries, Inc Units (TBLTU)
Company Research
Source: GlobeNewswire
LAKE FOREST, Calif., Nov. 21, 2019 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTU; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced that its Class A Units will begin trading separately on the Nasdaq Capital Market in their components of one share of common stock and one Series A Warrant per Class A Unit as of November 22, 2019. In its prospectus, dated November 9, 2018, Toughbuilt Industries, Inc. (the “Company”) stated with regard to its Class A Units: “The components of the Units will begin to trade separately on the first trading day following the one year anniversary of the date of this prospectus…. In no event will separate trading of the securities comprising the Units commence until we issue a press release announcing when such separate trading will begin.” About ToughBuilt Industries, Inc. ToughBuilt is a groundbreaking designer, manufacturer
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