Item 8.01 Other Events.

On July 6, 2020, the Company issued a press release announcing that it had completed the acquisition of certain assets which comprise the aftermarket vehicle remote start and security systems and connected car solutions (telematics) businesses from Directed LLC and Directed Electronics Canada Inc. The acquired assets include inventory, accounts receivable, certain fixed assets, IT systems, and intellectual property. The cash purchase price was $11M, plus the assumption of various liabilities. A copy of the press release is furnished as Exhibit 99.1 to this report.

The information furnished under Item 8.01, including Exhibit 99.1, shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any registration statement filed under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

Item 9.01 Financial Statements and Exhibits.



(d)   Exhibits



 Exhibit No.    Description

    99.1          Press Release, dated July 6, 2020, relating to VOXX
                International Corporation's acquisition of certain assets of
                Directed LLC and Directed Electronics Canada Inc. (filed
                herewith).



--------------------------------------------------------------------------------

© Edgar Online, source Glimpses