Tcv Vi L P Disclosed New Thestreet, Inc Position

November 15, 2017 - By Vivian Park

 Tcv Vi L P Disclosed New Thestreet, Inc Position

Investors sentiment decreased to 0.73 in 2017 Q2. Its down 1.27, from 2 in 2017Q1. It is negative, as 2 investors sold TheStreet, Inc. shares while 9 reduced holdings. 2 funds opened positions while 6 raised stakes. 15.71 million shares or 4.84% less from 16.51 million shares in 2017Q1 were reported.

Hightower Advisors owns 3.10M shares or 0.02% of their US portfolio. Citadel Limited Liability Corp has 0% invested in TheStreet, Inc. (NASDAQ:TST). Joel Isaacson And Company Ltd Liability Corporation, New York-based fund reported 51,119 shares. Cannell Cap Limited Liability Corp owns 3.14M shares for 0.74% of their portfolio. Bancshares Of Mellon reported 0% of its portfolio in TheStreet, Inc. (NASDAQ:TST). Morgan Stanley invested in 0% or 148 shares. Pax World Mgmt Limited Liability invested in 0.07% or 1.47 million shares. California Employees Retirement Systems invested in 79,200 shares or 0% of the stock. Jpmorgan Chase And Communication accumulated 500 shares. Renaissance Technologies Ltd Liability reported 0% of its portfolio in TheStreet, Inc. (NASDAQ:TST). Dimensional Fund Advisors Lp reported 0% stake. Guggenheim Cap Limited Liability invested in 14,701 shares or 0% of the stock. Bridgeway holds 0% of its portfolio in TheStreet, Inc. (NASDAQ:TST) for 389,534 shares. Manufacturers Life Insur Com The reported 2,765 shares. Knott David M holds 0.03% or 100,600 shares in its portfolio.

The New Tcv Vi L P Holding in Thestreet, Inc

Tcv Vi L P reported SC 13D/A form with the SEC for Thestreet, Inc. Access it here: 000119312517342658. As reported by Tcv Vi L P, the filler owns 12.6% or 6,000,000 shares of the Information Technology–company.

Thestreet, Inc stake is new for [reportingPerson]. Date of activity: November 10, 2017. This shows Tcv Vi L P’s positive view for Thestreet, Inc.

Reasons Why Tcv Vi L P Bought – Thestreet, Inc Stock

Purpose of Transaction

Item 4 of the Schedule 13D is hereby amended and supplemented by adding thefollowing:

Exchange Agreement

OnNovember10, 2017, TCV VI and Member Fund entered into an exchange agreement with the Issuer (the “Exchange Agreement”) pursuant to which, among other things, all 5,500 outstanding shares of Series B convertible preferred stock of theCompany (the “Series B Preferred Stock”) held by the TCV VI Funds were exchanged for an aggregate of (i) 6,000,000 shares of Common Stock and (ii)cash consideration in the amount of $20,000,000.

The foregoing description of the Exchange Agreement does not purport to be complete and is qualified in its entirety by reference to the fulltext of such agreement filed as an exhibit to this Statement and incorporated herein by reference.

Director Appointment Right

The holders of Series B Preferred Stock previously had the right to elect one director on an annual basis (the “Director AppointmentRight”). Christopher Marshall, who served as such Series B Preferred Stock director, resigned from the board of directors of the Issuer on March31, 2013. No individual was ever elected to fill the vacancy following the resignation ofMr.Marshall. The SeriesB Preferred Stock is no longer outstanding following the exchange of the SeriesB Preferred Stock for Common Stock pursuant to the Exchange Agreement, and therefore the Director Appointment Right hasterminated.

CUSIP No. 88368Q10313DPage 11 of 15 Pages

General

Depending on the factors discussed herein, the Reporting Persons may, from time to time, acquire additional shares of Common Stock in the openmarket, in connection with issuances by the Company or sales by other stockholders in transactions registered under the Securities Act of 1933, as amended (the “Securities Act”), in privately negotiated transactions or otherwise and/orinvestigate, evaluate, discuss, negotiate or agree to retain and/or sell or otherwise dispose of all or a portion of their shares of Common Stock in the open market, through transactions registered under the Securities Act, through privatelynegotiated transactions to the Company or third parties or through distributions to their respective partners or otherwise. Any actions the Reporting Persons might undertake will be dependent upon the Reporting Persons’ review of numerousfactors, including, among other things, the price levels of the Common Stock; general market and economic conditions; ongoing evaluation of the Company’s business, financial condition, operating results and prospects; the relativeattractiveness of alternative business and investment opportunities; and other future developments.

In addition, the Reporting Personsmay engage in discussions with management, shareholders and the board of directors of the Issuer and other relevant parties regarding potential corporate transactions, such as: a merger or reorganization or other transactions that could result inthe de-listing or de-registration of the Common Stock; sales or acquisitions of assets or businesses; changes to the capitalization or dividend policy of the Issuer; orother material changes to the Issuer’s business or corporate structure, including changes in management or the composition of the board of directors of the Issuer.

Except as set forth above and as set forth in the Reporting Persons’ initial statement on Schedule 13D filed with the United StatesSecurities and Exchange Commission on November27, 2007 and Amendment No.1, the Reporting Persons have no present plans or intentions which would result in or relate to any of the transactions described in subparagraphs (a)through(j) of Item 4 of Schedule 13D.

CUSIP No. 88368Q10313DPage 12 of 15 Pages

Item5.Interest in Securities of the Issuer.

Thestreet, Inc Institutional Sentiment

Filings show 37 investors own Thestreet, Inc. The ownership in Q3 2015 is low, at 58.49 % of the outstanding shares. This is decreased by 44755. 20980237 were owned by these investors. 0 funds opened new Thestreet, Inc stakes, 13 increased positions. There were 4 that closed positions and 8 reduced them.

Jeffrey Moskowitz Harvey Partners Llc is an investor bullish on Thestreet, Inc, owning 1285000 shares as of Q3 2015 for 1.33% of its portfolio. William C. Martin Raging Capital Management Llc owns 2944578 shares or 0.65% of its portfolio. NY Bandera Partners Llc have 0.46% of its portfolio for 469178 shares. Further, Cannell Capital Llc reported stake worth 1.83% of its portfolio. The MN Punch & Associates Investment Management Inc owns 1814850 shares. Thestreet, Inc is 0.41% of its portfolio.

Business Profile

TheStreet, Inc. (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels. With a suite of digital services, TheStreet offers the tools and insights needed to make informed decisions about earning, investing, saving and spending money. TheStreet provides interactive multimedia coverage of the financial markets, economy, industry trends, investment and financial planning. Its subscription products are designed to address the needs of investors with various areas of interest, including fledgling investors, day and swing traders, and fundamental, technical and options traders. Its RateWatch business publishes bank rate market information on a subscription basis to financial institutions and government agencies.

SEC Form 13D.

The stock increased 4.00% or $0.05 during the last trading session, reaching $1.3. About 761,070 shares traded or 697.47% up from the average. TheStreet, Inc. (NASDAQ:TST) has declined 18.58% since November 15, 2016 and is downtrending. It has underperformed by 35.28% the S&P500.

TheStreet, Inc. is a digital financial media firm focused on the financial, and mergers and acquisitions environment. The company has market cap of $46.63 million. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels. It currently has negative earnings. With a suite of digital services, TheStreet offers the tools and insights needed to make informed decisions about earning, investing, saving and spending money.

TheStreet, Inc. (NASDAQ:TST) Ratings Coverage

Among 3 analysts covering TheStreet.com (NASDAQ:TST), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. TheStreet.com has $2.5 highest and $2 lowest target. $2.20’s average target is 69.23% above currents $1.3 stock price. TheStreet.com had 3 analyst reports since December 8, 2016 according to SRatingsIntel. The rating was initiated by Lake Street with “Buy” on Thursday, December 8. The stock of TheStreet, Inc. (NASDAQ:TST) has “Buy” rating given on Tuesday, November 14 by B. Riley & Co.

More important recent TheStreet, Inc. (NASDAQ:TST) news were published by: Prnewswire.com which released: “TheStreet, Inc. Announces New Employment Agreement with Jim Cramer Through 2021” on November 13, 2017, also Streetinsider.com published article titled: “TheStreet, Inc. (TST) Tops Q3 EPS by 3c, Revs Miss; 5M Share Buyback”, Thestreet.com published: “Stocks Fall as General Electric’s Nosedive Drags on Dow, Apple Slumps” on November 14, 2017. More interesting news about TheStreet, Inc. (NASDAQ:TST) was released by: Prnewswire.com and their article: “TheStreet, Inc. to Announce Fiscal 2017 Third Quarter Financial Results on …” with publication date: November 08, 2017.

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