Brief: Universal Electronics Announces Cooperation Agreement with Immersion Corporation

Universal Electronics

22/12/2023 12:07

Dec 22 (Reuters) - Universal Electronics Inc  UEIC.O :
    * UNIVERSAL ELECTRONICS INC. ANNOUNCES COOPERATION AGREEMENT
WITH
IMMERSION CORPORATION
    * UNIVERSAL ELECTRONICS INC- APPOINTS ERIC SINGER TO BOARD
AND
REAFFIRMS COMMITMENT TO STRONG CORPORATE GOVERNANCE AND
ENHANCING STOCKHOLDER VALUE
    * UNIVERSAL ELECTRONICS INC - DURING TERM OF AGREEMENT,
IMMERSION
HAS AGREED TO CUSTOMARY STANDSTILL PROVISIONS AND VOTING
COMMITMENTS
    * UNIVERSAL ELECTRONICS- UNDER AGREEMENT, IMMERSION HAS
RIGHT TO
IDENTIFY ONE ADDITIONAL MEMBER FOR APPOINTMENT TO BOARD
FOLLOWING CO'S 2025 AGM

Source text for Eikon:  ID:nBw2nT3Rya 
Further company coverage:  UEIC.O 

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