SEC Comment Letter 0000000000-24-005232 to VOXX International Corp (CIK 0000807707)
VOXX International Corp (CIK 0000807707)
Date: May 8, 2024 · CIK: 0000807707 · Accession: 0000000000-24-005232
AI Filing Summary & Sentiment
File numbers found in text: 001-09532
Letter
United States securities and exchange commission logo May 8, 2024 Loriann Shelton Sr. Vice President, Chief Operating Officer, Chief Financial Officer VOXX International Corporation 2351 J. Lawson Boulevard Orlando, FL 32824 Re:VOXX International Corporation Form 10-K for Fiscal Year Ended February 28, 2023 Response dated April 25, 2024 File No. 001-09532 Dear Loriann Shelton: We have reviewed your April 25, 2024 response to our comment letter and have the following comment(s). Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our April 11, 2024 letter.
Form 10-K for Fiscal Year Ended February 28, 2023 Note 2. Acquisitions Onkyo, page 84 1.We read your response to prior comment 3. As it relates to the call option agreement with the non-controlling interest holder, please tell us and disclose the terms of the call option agreement and whether the call option can be exercised when the redemption formula results in a negative amount.
FirstName LastNameLoriann Shelton Comapany NameVOXX International Corporation May 8, 2024 Page 2 FirstName LastName Loriann Shelton VOXX International Corporation May 8, 2024 Page 2 Please contact Valeria Franks at 202-551-7705 or Rufus Decker at 202-551-3769 with any questions. Sincerely, Division of Corporation Finance Office of Trade & Services
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United States securities and exchange commission logo
May 8, 2024
Loriann Shelton
Sr. Vice President, Chief Operating Officer, Chief Financial Officer
VOXX International Corporation
2351 J. Lawson Boulevard
Orlando, FL 32824
Re:VOXX International Corporation
Form 10-K for Fiscal Year Ended February 28, 2023
Response dated April 25, 2024
File No. 001-09532
Dear Loriann Shelton:
We have reviewed your April 25, 2024 response to our comment letter and have the
following comment(s).
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments. Unless
we note otherwise, any references to prior comments are to comments in our April 11,
2024 letter.
Form 10-K for Fiscal Year Ended February 28, 2023
Note 2. Acquisitions
Onkyo, page 84
1.We read your response to prior comment 3. As it relates to the call option agreement with
the non-controlling interest holder, please tell us and disclose the terms of the call option
agreement and whether the call option can be exercised when the redemption formula
results in a negative amount.
FirstName LastNameLoriann Shelton
Comapany NameVOXX International Corporation
May 8, 2024 Page 2
FirstName LastName
Loriann Shelton
VOXX International Corporation
May 8, 2024
Page 2
Please contact Valeria Franks at 202-551-7705 or Rufus Decker at 202-551-3769 with
any questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services