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Turtle Beach Regains Full Compliance With Nasdaq Listing StandardsSAN DIEGO, April 24, 2018 /PRNewswire/ -- Turtle Beach Corporation (NASDAQ: HEAR), a leading gaming headset and audio accessory company, announced today that it has regained compliance with applicable continued Nasdaq listing requirements. In letters dated April 23, 2018, The Nasdaq Stock Market indicated that Turtle Beach has regained compliance with both the minimum bid price and the minimum market value of public float rules. As such, Turtle Beach's stock will continue to be listed and trade on The Nasdaq Stock Market. "e are pleased to be in full compliance with these continued listing standards," said Juergen Stark, CEO, Turtle Beach. "We remain focused on delivering consumers the broadest portfolio of industry-leading, award-winning gaming headsets." About Turtle Beach Corporation Cautionary Note on Forward-Looking Statements While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include, but are not limited to, risks related to the Company's liquidity, the substantial uncertainties inherent in the acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, risks associated with the expansion of our business including the implementation of any businesses we acquire, our indebtedness, the Company's ability to continue to comply with the continued listing standards of the Nasdaq Stock Market LLC in the future and other factors discussed in our public filings, including the risk factors included in the Company's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q and the Company's other periodic reports. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company is under no obligation to publicly update or revise any forward-looking statement after the date of this release whether as a result of new information, future developments or otherwise. All trademarks are the property of their respective owners.
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