Gentex to acquire VOXX International for $7.50 per share in cash
On December 17, 2024, Gentex agreed to acquire VOXX International through a merger in which VOXX stockholders would receive $7.50 per share in cash. Completion requires VOXX stockholder approval and regulatory approvals, including under the Hart-Scott-Rodino Act, and either party may terminate if the merger is not completed by June 17, 2025. Gentex's press release expects the deal to close in the first quarter of 2025 and to add $350 million to $400 million in annual revenue, but the filing does not state a total transaction value.
Key points
- Merger consideration: $7.50 per share in cash for VOXX Class A and Class B common stock, less required withholding taxes
- Termination fee of $7.5 million payable by VOXX to Gentex in certain circumstances
- End Date of June 17, 2025; Gentex press release expects closing in the first quarter of 2025
- Shalam-affiliated holders, including Chairman John J. Shalam, agreed to vote their VOXX shares in favor of the merger
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 18, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.