M&A: SHALAM JOHN J
Form Type: SCHEDULE 13D
Filing Date: 2024-12-23
Corporate Action: Merger
Type: New
Accession Number: 000095017024139801
Comments: This Schedule 13D replaces a previous filing made by John J. Shalam and discusses various reporting persons associated with VOXX International Corporation, specifically regarding the merger agreement dated December 17, 2024, where Instrument Merger Sub, Inc. will merge with VOXX International Corporation. In this merger, outstanding shares of Class A Common Stock will be converted into cash equal to $7.50 per share. The filing reports the beneficial ownership of Class A and Class B Common Stock by several entities and individuals, detailing their voting power which aggregates about 55.4% of the issuer's voting shares. The document also outlines a Voting and Support Agreement that obligates the stockholders to vote their shares favorably toward the merger and restricts the transfer of their shares, ensuring their commitment to the acquisition process.
Document Link: View Document
Additional details:
Reporting Persons: SHALVOXX A HOLDCO LLC
Reporting Persons: SHALVOXX B HOLDCO LLC
Reporting Person: John J. Shalam
Reporting Person: Ari M. Shalam
Merger Agreement Details: Merger Agreement was executed on December 17, 2024, stipulating the terms of the merger.
Cash Conversion Amount: $7.50 per share
Percentage Of Voting Power: 55.4%