M&A - GENTEX CORP

Form Type: 8-K

Filing Date: 2025-04-01

Corporate Action: Merger

Type: New

Accession Number: 000035581125000013

Filing Summary: On April 1, 2025, Gentex Corporation completed the acquisition of VOXX International Corporation through a merger, in accordance with the Agreement and Plan of Merger dated December 17, 2024. The merger involved Gentex's wholly owned subsidiary, Instrument Merger Sub, Inc., merging with VOXX, with VOXX continuing as the surviving corporation. As a result of the merger, VOXX became a wholly owned subsidiary of Gentex. Shareholders of VOXX received $7.50 per share for their Class A and Class B Common Stock, which was canceled and converted into cash, less withholding taxes. Additionally, outstanding restricted stock units of VOXX vested in full and were converted into cash payments based on the number of shares they represented, multiplied by the Per Share Merger Consideration. A news release was also issued to announce the completion of this transaction, which is not considered filed under the Securities Exchange Act, except as specifically referenced.

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