Singing Machine Co. Files 8-K/A Amendment
Ticker: RIME · Form: 8-K/A · Filed: May 13, 2024 · CIK: 923601
| Field | Detail |
|---|---|
| Company | Singing Machine Co Inc (RIME) |
| Form Type | 8-K/A |
| Filed Date | May 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, corporate-governance, shareholder-vote
TL;DR
Singing Machine Co. filed an amendment to a shareholder vote report from Dec 2023.
AI Summary
Singing Machine Co., Inc. filed an amendment (8-K/A) on May 13, 2024, to a previous report dated December 19, 2023. This amendment pertains to the submission of matters to a vote of security holders. The company, incorporated in Delaware with its principal executive offices in Fort Lauderdale, FL, is involved in the phonograph records & prerecorded audio tapes & disks industry.
Why It Matters
This filing is an amendment to a previous report concerning matters submitted for a vote by security holders, indicating ongoing corporate governance activities.
Risk Assessment
Risk Level: low — The filing is an administrative amendment to a previous report and does not introduce new financial or operational risks.
Key Players & Entities
- SINGING MACHINE CO INC (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- Fort Lauderdale, FL (location) — Principal executive offices
- December 19, 2023 (date) — Date of earliest event reported
- May 13, 2024 (date) — Filing date of amendment
FAQ
What is the purpose of this 8-K/A filing?
This filing is an amendment (Amendment No. 1) to a previous report concerning the submission of matters to a vote of security holders.
When was the original event reported?
The earliest event reported was on December 19, 2023.
What is the filing date of this amendment?
This amendment was filed as of May 13, 2024.
What is the company's principal executive office location?
The company's principal executive offices are located at 6301 NW 5th Way, Suite 2900, Fort Lauderdale, FL 33309.
What is the company's state of incorporation?
The company is incorporated in Delaware.
Filing Stats: 613 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-05-13 17:15:45
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share MICS The Nasdaq Stock Mar
Filing Documents
- form8-ka.htm (8-K/A) — 37KB
- 0001493152-24-018957.txt ( ) — 208KB
- mics-20231219.xsd (EX-101.SCH) — 3KB
- mics-20231219_lab.xml (EX-101.LAB) — 33KB
- mics-20231219_pre.xml (EX-101.PRE) — 22KB
- form8-ka_htm.xml (XML) — 4KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 19, 2023 THE SINGING MACHINE COMPANY, INC. (Exact name of registrant as specified in charter) Delaware 001-41405 95-3795478 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 6301 NW 5th Way , Suite 2900 Fort Lauderdale , FL 33309 (Address of principal executive offices) (Zip Code) (954) 596-1000 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share MICS The Nasdaq Stock Market LLC (The Nasdaq Capital Market) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( 240.12b-2 of this chapter). Emerging growth If an emerging growth company, indicate by check mart if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Explanatory Note This Current Report on Form 8-K/A (this "Amendment") amends the Current Report on Form 8-K filed by The Singing Machine Company, Inc. (the "Company") with the U.S. Securities and Exchange Commission on December 19, 2023 (the "Original Form 8-K"). The Original Form 8-K was filed to report the results of the Company's 2023 Annual Meeting of Stockholders held on December 18, 2023 (the "2023 Annual Meeting"). The sole purpose of this Amendment is to disclose, in accordance with Item 5.07(d) of Form 8-K, the Company's decision as to the frequency of future stockholder advisory votes regarding the compensation of the Company's named executive officers (i.e. "say on pay" votes). Except as set forth herein, no other changes have been made to the Original Form 8-K. Item 5.07 Submission of Matters to a Vote of Security Holders. Consistent with the recommendation of the Company's Board of Directors (the "Board") as set forth in the Company's proxy on pay" votes every three years. In light of this result and in accordance with the Board's recommendation, the Board has determined that the Company will conduct "say on pay" votes every three years until the next required stockholder advisory vote regarding the frequency of such votes. The next advisory vote regarding "say on pay" frequency is currently expected to be held at the Company's 2029 Annual Meeting of Stockholders. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 13, 2024 THE SINGING MACHINE COMPANY, INC. By: /s/ Gary Atkinson Gary Atkinson Chief Executive Officer