Brief: Gentex Corp Reports 31.97% Stake In Voxx International As Of August 23

VOXX International

27/08/2024 19:07

Aug 27 (Reuters) - 
    Gentex Corp 
  
    * GENTEX CORP - ON MAY 31, GENTEX SUBMITTED PRELIMINARY, NON-BINDING PROPOSAL TO VOXX
INTERNATIONAL CORP'S BOARD
    * GENTEX CORP - PROPOSAL OUTLINED CERTAIN PRINCIPAL TERMS ON WHICH GENTEX WOULD CONSIDER
ACQUIRING
ALL OF SHARES OF VOXX NOT CURRENTLY OWNED BY GENTEX
    * GENTEX CORP - THE PROPOSAL WAS REVIEWED BY VOXX'S BOARD WITHOUT THE PARTICIPATION OF
DOWNING
    * GENTEX CORP-VOXX ADVISED GENTEX THAT BOARD, WITHOUT PARTICIPATION OF DOWNING, DETERMINED
NOT TO
PROCEED WITH GENTEX ON BASIS OF PROPOSAL AT THAT TIME
    * GENTEX CORP- VOXX INDICATED THAT IT WOULD INVITE GENTEX TO PARTICIPATE IN ANY STRATEGIC
PROCESS
THAT THE BOARD MIGHT INITIATE
    * GENTEX CORP-FOLLOWING GENTEX’S PURCHASE OF AUGUST 2024 SHARES, GENTEX, VOXX ENTERED INTO
CUSTOMARY CONFIDENTIALITY AGREEMENT
    * GENTEX CORP REPORTS 31.97% STAKE IN VOXX INTERNATIONAL AS OF AUGUST 23 - SEC FILING
    * GENTEX CORP - HAD PREVIOUSLY REPORTED 16.24% STAKE IN VOXX INTERNATIONAL AS OF JAN 5

Source text - https://bityl.co/Rl0L
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