VOXX International Corporation Announces Strategic Alternatives Process to Maximize Valuation

Core Insights - VOXX International Corporation is exploring strategic alternatives to maximize shareholder value, including potential sales or operational improvements [1][2] - A strategic transactions committee has been established, with Solomon Partners as the financial advisor and Bryan Cave Leighton Paisner LLP as the legal advisor [2] - There is no assurance that this process will lead to a specific transaction, and no timetable has been set for its completion [3] Company Overview - VOXX International Corporation is a leader in the Automotive Electronics and Consumer Electronics industries, with a portfolio of approximately 30 trusted brands [4] - The company has established market-leading positions in in-vehicle entertainment, automotive security, and premium audio segments [4] - VOXX has a global distribution network that includes power retailers, mass merchandisers, and leading automotive manufacturers [4]