External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

Equity Bottom-Up

<ul><li>Gentex Corp. proposed to buy all remaining shares of Voxx International Corp. for $5.50 per share, showing a 50% premium to the closing price</li><li>The offer included acquiring additional shares from a Selling Director and a term sheet to buy a 50% stake in EyeLock, a subsidiary of VOXX</li><li>Gentex, a company with a $7 billion market cap and 27% ownership in VOXX, is likely interested in EyeLock's biometric technology for potential integration into their automotive vision systems.</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Gentex Corp. proposed to buy all remaining shares of Voxx International Corp. for $5.50 per share, showing a 50% premium to the closing priceThe offer included acquiring additional shares from a Selling Director and a term sheet to buy a 50% stake in EyeLock, a subsidiary of VOXXGentex, a company with a $7 billion market cap and 27% ownership in VOXX, is likely interested in EyeLock's biometric technology for potential integration into their automotive vision systems.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Voxx International Corp (VOXX) - Wednesday, Sep 11, 2024

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

<ul>
<li>Voxx International (NASDAQ:VOXX), a diversified company in the automotive and consumer electronics industries, finds itself at a critical juncture.</li>
<li>The company is exploring strategic alternatives, including a potential sale, as it navigates a challenging retail environment, elevated interest rates, and persistent inflationary pressures.</li>
<li>Despite these headwinds, Voxx has made significant strides in improving its operational efficiency, with a notable increase in gross margins and a reduction in operating expenses.</li>
</ul>


Voxx International (NASDAQ:VOXX), a diversified company in the automotive and consumer electronics industries, finds itself at a critical juncture.
The company is exploring strategic alternatives, including a potential sale, as it navigates a challenging retail environment, elevated interest rates, and persistent inflationary pressures.
Despite these headwinds, Voxx has made significant strides in improving its operational efficiency, with a notable increase in gross margins and a reduction in operating expenses.


Voxx International: Is an Acquisition on the Horizon? - Major Drivers

United States

VOXX International Corp. markets automobile sound, vehicle security, mobile video systems, and consumer electronics products.  The Company markets its products both domestically and internationally under its own brands.

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