Milton C. Ault III - May 23, 2023 Form 4 Insider Report for SINGING MACHINE CO INC (MICS)

Signature
/s/ Milton C. Ault, III
Stock symbol
MICS
Transactions as of
May 23, 2023
Transactions value $
$315
Form type
4
Date filed
5/25/2023, 09:31 PM
Previous filing
May 17, 2023
Next filing
May 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MICS Common Stock Purchase $315 +200 +0.01% $1.58 1.81M May 23, 2023 By Ault Lending, LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $1.5753. The range of purchase prices on the transaction date was $1.575 to $1.59 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
F2 Ault Lending, LLC ("Ault Lending"), is a wholly-owned subsidiary of Ault Alliance, Inc. ("AA"). Mr. Ault, the Executive Chairman of AA, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.