Item 8.01 Other Events.

On May 3, 2021, VOXX International Corporation ("VOXX" or the "Company") issued a press release announcing it had signed a Letter of Intent to acquire the home audio/video business of Onkyo Home Entertainment Corporation ("Onkyo"), along with Sharp Corporation ("Sharp") as the Company's partner. The Company and Sharp have been granted exclusivity while discussions proceed. VOXX and Sharp have also entered into a binding agreement to move forward with the proposed acquisition and all parties are working toward reaching a definitive agreement by May 20, 2021. If an agreement is reached, it would be presented to Onkyo's shareholders at its ordinary general meeting of shareholders scheduled for June 25, 2021. A copy of the press release is furnished as Exhibit 99.1 to this report.

On May 3, 2021, the Company issued another press release announcing that EyeLock LLC ("Eyelock"), the Company's majority owned subsidiary, has entered into a four (4) year exclusive distribution agreement (the "Agreement") with GalvanEyes LLC ("GalvanEyes"), a Florida LLC managed by VOXX's largest shareholder, Beat Kahli. The Agreement provides that GalvanEyes will become the exclusive distributor of EyeLock products in the EU, Switzerland, Puerto Rico, Malaysia, and Singapore with the exception of any existing customer relationships. GalvanEyes was also granted exclusive distribution rights in the United States for the residential real estate market and specific U.S. Government agencies, and non-exclusive distribution rights in all other territories and verticals with the Company's consent. In consideration of the grant of exclusivity, GalvanEyes has agreed to pay EyeLock $10.0 million with an annual fee of up to $5.0 million, with payments on a quarterly basis. The transaction is subject to certain closing conditions, including formal approval by the VOXX Board of Directors and approval by the Company's shareholders at the Annual Meeting of Stockholders currently scheduled for July 29, 2021. A copy of the press release is furnished as Exhibit 99.2 to this report.

The information furnished under Item 8.01, including Exhibits 99.1 and 99.2, 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

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 Exhibit No.    Description

    99.1          Press Release, dated May 3, 2021, relating to VOXX
                International Corporation's Letter of Intent to acquire the home
                audio/video business of Onkyo Home Entertainment Corporation
                (filed herewith).
    99.2          Press Release, dated May 3, 2021, relating to VOXX
                International Corporation's Exclusive Distribution Agreement
                between EyeLock LLC and GalvanEyes LLC (filed herewith).
     104        Cover Page Interactive Data File (formatted as inline XBRL and
                contained in Exhibit 101).

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