ToughBuilt signs deal to sell products at Ace Hardware stores, shares rise

Toughbuilt Industries

29/07/2022 13:54

** Shares of ToughBuilt Industries  TBLT.O  rise ~23% to
$7.21 premarket
    ** TBLT says company entered into agreement with Ace
Hardware USA and International to sell 35 ToughBuilt products at
its stores  urn:newsml:reuters.com:*:nGNX4dQbSD
    ** Ace will distribute ToughBuilt's products utilizing Ace’s
15 regional service centers to reach 5,500 individual Ace stores
across the U.S., TBLT says
    ** Stock is among the top trending names on retail trader
forum Stocktwits
    ** Up to last close, stock had fallen ~89% YTD

 (Reporting by Akash Sriram in Bengaluru)
 ((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti;))