Provided By PR Newswire
Last update: Jan 10, 2025
ORLANDO, Fla., Jan. 10, 2025 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, along with strategic joint ventures including biometrics, today announced it has filed a Form 12b-25 with the U.S. Securities and Exchange Commission ("SEC"), as the Company will be late in filing its Quarterly Report on Form 10-Q for the quarter ended November 30, 2024 (the "Form 10-Q"). The delay is principally caused by the Company's determination that it is necessary to test its goodwill, other intangible assets, and other long-lived assets for impairment as a result of the Company's previously announced entry into the Agreement and Plan of Merger ("Merger Agreement") with Gentex Corporation ("Gentex") on December 17, 2024, in connection with its triggering events review, and the time necessary to complete the impairment analysis.
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