Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VOXX | Class A Common Stock | Purchase | $15.7M | +1.57M | +902.58% | $10.00 | 1.74M | Oct 6, 2023 | See Footnote | F1, F2, F3 |
Id | Content |
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F1 | This transaction was executed pursuant to a Stock Purchase Agreement between Gentex Corporation as Purchaser, and Avalon Park International LLC and Avalon Park Group Holding AG, as Sellers |
F2 | The amount of securities acquired was misreported as 1,570,000 shares causing the amount of securities beneficially owned to be misreported as 1,743,808 shares, a difference of 1,250 shares in each instance. |
F3 | The reported number of shares are owned directly by Gentex Corporation, of which Mr. Downing is the Chief Executive Officer. Accordingly, by virtue of Mr. Downing's relationship with Gentex, Mr. Downing may be deemed to beneficially own the shares of the Company's Class A Common Stock owned directly by Gentex. Mr. Downing disclaims beneficial ownership of the shares of Company Class A Common Stock owned directly by Gentex except to the extent of his pecuniary interest. |