22NW Fund, LP holds 1,304,878 Turtle Beach shares, equal to 7.29% of the outstanding class, in a position identified as passive. The stake matters to investors because 22NW Fund and related parties may be deemed beneficial owners, while the stated Investment purpose excludes seeking control of Turtle Beach.

Key Highlights

  • 22NW Fund directly owns 1,304,878 Turtle Beach common shares.
  • The reported ownership percentage is 7.29% of the class.
  • Turtle Beach’s ownership percentage is calculated against 17,909,711 shares outstanding as of July 30, 2026.

Turtle Beach Corp (NASDAQ: TBCH) has a 7.29% passive position held directly by 22NW Fund, LP, representing 1,304,878 common shares. The filing states that the securities were not acquired or held with the purpose or effect of changing or influencing control. The ownership percentage is calculated against 17,909,711 shares outstanding as of July 30, 2026.

The 7.29% Ownership Position

22NW Fund directly owns 1,304,878 Turtle Beach common shares, each with a Par Value of $0.001. The Schedule 13G identifies the position as beneficial ownership of 7.29% of the class. 22NW, LP serves as 22NW Fund’s investment manager, while 22NW Fund GP, LLC acts as the fund’s general partner.

How Ownership Is Calculated

The 7.29% figure uses Turtle Beach’s 17,909,711 shares outstanding as of July 30, 2026. The reported ownership is attributed across the connected reporting persons, with each associated entity and English listed at approximately 7.29%. The direct holding remains with 22NW Fund. The entities are organized under Delaware law, and English is a United States citizen.

Passive Investment Intent

The statement says the securities were not acquired or held with the purpose or effect of changing or influencing Turtle Beach’s control. It also excludes participation in a transaction intended to achieve that purpose, other than activities solely connected with a nomination under the cited rule. The ownership statement was signed on September 2, 2026, by English on behalf of 22NW Fund, 22NW, 22NW Fund GP, 22NW GP and himself. The parties also agreed that the ownership statement and any amendments would be submitted jointly.