The Singing Machine Announces Strategic Alternatives; Intends To Explore Corporate Transactions That Expand The Existing Business Model Beyond Its Current Legacy Consumer Electronics Karaoke Business
The Singing Machine Announces Strategic Alternatives; Intends To Explore Corporate Transactions That Expand The Existing Business Model Beyond Its Current Legacy Consumer Electronics Karaoke Business
The Singing Machine Company, Inc. ("Singing Machine") (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced its Executive Committee of the Board of Directors has authorized management to explore a range of potentially transformational corporate transactions. The primary purpose for this initiative is to explore transactions that can potentially create immediate, sustained shareholder value.
消費類卡拉OK產品的全球領先企業Singing Machine公司（“Singing Machine”）（“Singing Machine”）（納斯達克股票代碼：MICS）今天宣佈，其董事會執行委員會已授權管理層探索一系列潛在的變革性公司交易。該計劃的主要目的是探索有可能創造即時、持續的股東價值的交易。
As part of this initiative, the Company intends to explore corporate transactions that expand the existing business model beyond its current legacy consumer electronics karaoke business. In particular, the Committee has prioritized disruptive software solutions, emerging sustainability-centric technologies, and other high-impact business models. To pursue these new growth opportunities, the Company has evaluated the process for a reverse merger, acquisitions, and merger of equals transactions.
作爲該計劃的一部分，該公司打算探索公司交易，將現有商業模式擴展到其當前傳統消費電子卡拉OK業務之外。特別是，該委員會優先考慮了顛覆性軟件解決方案、以可持續發展爲中心的新興技術和其他高影響力的商業模式。爲了追求這些新的增長機會，公司評估了反向合併、收購和平等交易合併的流程。
譯文內容由第三人軟體翻譯。