Voxx International CORP

Market Movers (8-K)

Gentex Corporation successfully closed its acquisition of VOXX International on April 1, 2025, in an all-cash transaction at $7.50 per share.
VOXX International Corporation stockholders approved the merger agreement with Gentex Corporation at a special meeting held on March 31, 2025.
VOXX International supplements its definitive proxy statement to address stockholder concerns regarding disclosures related to its pending merger with Gentex Corporation, aiming to avoid potential litigation and ensure the merger's smooth implementation.
Worse than expected
VOXX International Corporation announces the filing of its Quarterly Report on Form 10-Q for the period ended November 30, 2024, and provides updates on regulatory approvals for its merger with Gentex Corporation.
Worse than expected
Delay expected
VOXX International received a notice from Nasdaq for failing to file its Quarterly Report on Form 10-Q for the period ended November 30, 2024, putting the company at risk of delisting.
Worse than expected
Delay expected
VOXX International Corporation has amended employment agreements for its CEO, CFO/COO, and Senior VP/Treasurer to comply with Section 409A of the Internal Revenue Code, impacting severance and bonus structures.

Quarterly Earnings (10-Q)

VOXX International Corporation reports a net loss for Q3 2025 and announces a merger agreement with Gentex Corporation for $7.50 per share.
Worse than expected
Delay expected
VOXX International Corporation reported a net income of $2.4 million for the quarter ended August 31, 2024, despite a decrease in net sales compared to the same period last year.
Worse than expected
VOXX International Corporation reported a decrease in net sales for the first quarter of fiscal year 2025, while also showing improvements in gross profit margins.
Worse than expected
Delay expected

Annual Reports (10-K)

VOXX International Corporation's annual report reveals a challenging fiscal year marked by decreased sales and profitability across its key segments due to macroeconomic pressures and supply chain issues.
Worse than expected

Insider Trading (Form 4)

Edward David Mas, President of Voxx Automotive Corp, reports the cancellation of restricted stock units and their conversion to cash following the merger between Voxx International Corp and Gentex Corporation.
Patrick Lavelle, CEO of Voxx International, reports the disposal of shares and restricted stock units following the merger with Gentex Corporation, where Voxx became a wholly-owned subsidiary of Gentex.
Loriann Shelton, CFO of VOXX International, reports the cancellation and conversion of her Class A Common Stock and Restricted Stock Units into cash following the merger with Gentex Corporation on April 1, 2025.
Director John Shalam reports the completion of Voxx International Corp's merger with Gentex Corporation subsidiary, Instrument Merger Sub, and the resulting cancellation and conversion of shares and restricted stock units into cash.
Paul Jacobs, President & CEO of Klipsch Group, reports changes in beneficial ownership of VOXX International Corp stock due to the merger with Gentex Corporation.
Director Kahli Beat reports the disposal of Voxx International Corp shares following the merger with Gentex Corporation, where each share was converted to $7.50 in cash.

Proxy Statements (Def-14A)

Voxx International Corporation has entered into a definitive agreement to be acquired by Gentex Corporation in an all-cash transaction for $7.50 per share, expected to close in the first quarter of 2025.
VOXX International Corporation files a supplement to its proxy statement to correct an error in the description of voting standards for the upcoming Annual Meeting of Stockholders.
VOXX International Corporation will hold its annual shareholder meeting virtually on July 23, 2024, seeking approval for the election of directors, a new equity incentive plan, and ratification of its accounting firm.

Schedule 13G - Passive Investments

Dimensional Fund Advisors LP has filed an amended Schedule 13G, reporting zero beneficial ownership of VOXX International Corp's common stock as of June 30, 2025, while disclaiming ownership of shares held by advised funds.