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Turtle Beach announces waiver agreement with Donerail Group

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Jun. 22, 2023 6:01 PM ETTurtle Beach Corporation (HEAR)By: Vansh Agarwal, SA News Editor

  • Turtle Beach (NASDAQ:HEAR) said on Thursday that its board had entered into a waiver agreement under the May 13, 2022, Cooperation Agreement signed between HEAR’s board and The Donerail Group.
  • Under the waiver, Donerail had elected to waive its right to replace outgoing director Brian Stech.
  • In conjunction with this announcement, Wyatt, in his capacity as shareholder representative, will be added to the CEO search committee and compensation committee.
  • Press Release

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