0000950170-24-082040.txt : 20240708 0000950170-24-082040.hdr.sgml : 20240708 20240708142804 ACCESSION NUMBER: 0000950170-24-082040 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240708 DATE AS OF CHANGE: 20240708 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VOXX International Corp CENTRAL INDEX KEY: 0000807707 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 131964841 STATE OF INCORPORATION: DE FISCAL YEAR END: 0229 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-09532 FILM NUMBER: 241104239 BUSINESS ADDRESS: STREET 1: 180 MARCUS BLVD CITY: HAUPPAUGE STATE: NY ZIP: 11788 BUSINESS PHONE: 6312317750 MAIL ADDRESS: STREET 1: 180 MARCUS BLVD CITY: HAUPPAUGE STATE: NY ZIP: 11788 FORMER COMPANY: FORMER CONFORMED NAME: AUDIOVOX CORP DATE OF NAME CHANGE: 19920703 DEFA14A 1 voxx_defa14a-2024amendme.htm DEFA14A DEFA14A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

Filed by the Registrant

Filed by a Party other than the Registrant

Check the appropriate box:

Preliminary Proxy Statement

Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

Definitive Proxy Statement

Definitive Additional Materials

Soliciting Material Pursuant to Rule 14a-12

VOXX International Corporation

(Name of Registrant as Specified in Its Charter)

Payment of Filing Fee (Check the appropriate box):

No fee required.

Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

1.
Title of each class of securities to which transaction applies:
2.
Aggregate number of securities to which transaction applies:
3.
Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):
4.
Proposed maximum aggregate value of transaction:
5.
Total fee paid:

Fee paid previously with preliminary materials:

Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

1.
Amount previously paid:
2.
Form, Schedule or Registration Statement No.:
3.
Filing Party:
4.
Date Filed:

 


img170954518_0.jpg 

2351 J Lawson Blvd. Orlando, FL 32824

July 8, 2024

SUPPLEMENT TO THE PROXY STATEMENT

FOR THE ANNUAL MEETING OF STOCKHOLDERS

TO BE HELD ON JULY 23, 2024

On June 10, 2024, VOXX International Corporation (“Voxx” or the “Company”) filed with the Securities and Exchange Commission (the “SEC”) a definitive proxy statement on Schedule 14A (the “Proxy Statement”) relating to the Company’s Annual Meeting of Stockholders (the “Annual Meeting”) to be held on Tuesday, July 23, 2024, at 10:00 a.m., Eastern Time.

This supplement to the Proxy Statement (the “Supplement”) is being filed solely to correct an inadvertent error with respect to the description of the voting standards applicable to each of the Proposals to be considered at the Annual Meeting, as reflected on pages 2 and 18 of the Proxy Statement. With respect to Proposal 1, Class A directors will be elected by the affirmative vote of a plurality of the votes attributable to shares voted by Class A shareholders. The directors elected jointly by the Class A and Class B shareholders are elected by the affirmative vote of a plurality of the votes attributable to shares voted by Class A and Class B shareholders. Each of Proposal 2 and Proposal 3 will be adopted and approved if a majority of the votes attributable to shares voted on such proposal, whether present in person or represented by proxy, vote “FOR.” Therefore, abstentions and broker non-votes will have no effect on Proposal 1, Proposal 2 or Proposal 3.

The following text replaces, in its entirety, the text on page 2 of the Proxy Statement appearing in the first paragraph below “Solicitation and Voting of Proxies”:

“Only shareholders of record at the close of business on May 28, 2024 (the “Record Date”) will be entitled to notice of, and to vote at, the Annual Meeting or any adjournment thereof. At the close of business on the Record Date, there were 20,286,620 outstanding shares of our Class A Common Stock, par value $.01 per share, and 2,260,954 outstanding shares of our Class B Common Stock, par value $.01 per share. At the Annual Meeting, each share of Class A Common Stock is entitled to one (1) vote (whether by proxy or pursuant to a shareholders’ consent) and each share of Class B Common Stock is entitled to ten (10) votes (whether by proxy or pursuant to a shareholders’ consent). Class A directors are elected by the affirmative vote of a plurality of the votes attributable to shares voted by Class A shareholders. The directors elected jointly by the Class A and Class B shareholders are elected by the affirmative vote of a plurality of the votes attributable to shares voted by Class A and Class B shareholders. Abstentions and broker non-votes are counted towards a quorum but will have no effect on the outcome of these votes.”

The following text replaces, in its entirety, the text on page 2 of the Proxy Statement appearing in the second paragraph below “Solicitation and Voting of Proxies”:

“The approval of the Company’s 2024 Equity Incentive Plan and the ratification of the appointment of the independent registered public accounting firm must be approved by a majority of the votes attributable to shares that are voted on such proposal, whether present in person or represented by proxy, at the Annual Meeting. Abstentions and broker non-votes are counted towards a quorum but will have no effect on the outcome of these votes.”

The following text replaces, in its entirety, the text on page 18 of the Proxy Statement appearing in the paragraph below “Required Vote and Board of Directors Recommendation”:

“Approval of Proposal 2 requires the approval of a majority of the votes attributable to shares that are voted on such proposal, whether present in person or represented by proxy, at the Annual Meeting. Abstentions and broker non-votes are counted towards a quorum but will have no effect on the outcome of the vote.”

This Supplement should be read in conjunction with the Proxy Statement. Except as specifically amended or supplemented by the information contained herein, this Supplement does not otherwise modify, amend or supplement the Proxy Statement, and the information contained in the Proxy Statement should be considered in voting your shares. If you have already returned your proxy card or provided voting instructions, you do not need to take any action unless you wish to change your vote. Capitalized terms used but not defined herein have the meanings set forth in the Proxy Statement.


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