DLR Kredit to announce extraordinary share issuances on May 26, 2025.

DLR Kredit has announced extraordinary investments on Monday, May 26, 2025, according to capital markets law § 24. The information is contained in the attached file. This notification is made to fulfill the transparency directive's requirement for disclosure. Questions can be directed to Jakob Kongsgaard Olsson, Head of Rating & IR, at +33 42 07 06.

DLR Kredit has announced significant investments on Monday, May 26, 2025, in accordance with capital markets law § 24. The firm has expanded its portfolio by acquiring additional shares in Tile Shop Holdings Inc (TTSH) and Onconetix Inc (ONCO). This move reflects DLR Kredit's commitment to value investing and strategic diversification.

Tile Shop Holdings Inc

On May 19, 2025, DLR Kredit increased its position in Tile Shop Holdings Inc by purchasing an additional 5,547 shares at a trade price of $5.96 per share. This transaction brings the firm's total holdings in the company to 12,822,682 shares, representing a significant portion of its portfolio. Tile Shop Holdings Inc is a specialty retailer based in the United States, focusing on natural stone and man-made tiles, with a market capitalization of $260.324 million [1].

The stock is currently priced at $5.82 per share, with a high price-to-earnings (PE) ratio of 277.14, suggesting a high valuation. According to GuruFocus, the stock is rated as fairly valued with a GF Value of $5.64 and a GF Score of 73/100, indicating likely average performance [1]. Despite the high valuation, DLR Kredit's significant stake suggests confidence in the company's long-term potential.

Onconetix Inc

Onconetix Inc (ONCO) has faced multiple delisting notices from Nasdaq due to compliance issues. The company failed to file its Q1 2025 10-Q report, its 2024 annual 10-K report, and did not maintain the minimum bid price requirement of $1.00, with shares trading below $0.10 for ten consecutive days. Onconetix has requested a hearing before the Nasdaq Hearings Panel scheduled for May 27, 2025, which has temporarily stayed the trading suspension. The company's regulatory position is precarious, and its multiple compliance failures indicate fundamental operational issues [2].

Conclusion

DLR Kredit's strategic investments in Tile Shop Holdings Inc and Onconetix Inc highlight the firm's commitment to value investing and diversification. While Tile Shop Holdings Inc faces a high valuation and mixed growth indicators, DLR Kredit's significant stake suggests confidence in the company's long-term potential. On the other hand, Onconetix Inc's compliance issues present serious investor uncertainty and regulatory concerns. As the largest guru holding in Tile Shop Holdings Inc, First Eagle Investment Management, LLC's involvement further emphasizes the stock's attractiveness to value investors [1].

References

[1] https://www.gurufocus.com/news/2887225/fund-1-investments-llc-expands-stake-in-tile-shop-holdings-inc
[2] https://www.stocktitan.net/news/ONCO/onconetix-inc-announces-receipt-of-additional-notice-from-evvm33jymnbz.html