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.
消费类卡拉OK产品的全球领先企业Singing Machine公司（“Singing Machine”）（“Singing Machine”）（纳斯达克股票代码：MICS）今天宣布，其董事会执行委员会已授权管理层探索一系列潜在的变革性公司交易。该计划的主要目的是探索有可能创造即时、持续的股东价值的交易。
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.
作为该计划的一部分，该公司打算探索公司交易，将现有商业模式扩展到其当前传统消费电子卡拉OK业务之外。特别是，该委员会优先考虑了颠覆性软件解决方案、以可持续发展为中心的新兴技术和其他高影响力的商业模式。为了追求这些新的增长机会，公司评估了反向合并、收购和平等交易合并的流程。
译文内容由第三方软件翻译。