Singing Machine's Subsidiary, SemiCab, Announces Over $9M Contracted Revenue Backlog
$MICS
Diversified Electronic Products
Consumer Staples
Singing Machine's Subsidiary, SemiCab, Announces Over $9M Contracted Revenue Backlog
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4 - SINGING MACHINE CO INC (0000923601) (Issuer)
4 - SINGING MACHINE CO INC (0000923601) (Issuer)
On Friday, The Singing Machine Company, Inc. (NASDAQ:MICS) completed the acquisition of SemiCab, an artificial intelligence technology company in the global logistics space. The transaction was structured as an asset purchase/sale. At closing, Singing Machine will issue to SemiCab 641,806 shares of its common stock, which represents approximately 10% of the company’s issued and outstanding common stock as of July 3, 2024, and the assumption of approximately $2.6 million in liabilities as of March-end. The deal was announced on June 12. Check This Out: What’s Going On With Department Store Major Macy’s Shares On Friday? “SemiCab’s technology creates a compelling financial win-win for
8-K - Algorhythm Holdings, Inc. (0000923601) (Filer)
144 - Algorhythm Holdings, Inc. (0000923601) (Subject)
8-K - Algorhythm Holdings, Inc. (0000923601) (Filer)
4 - Algorhythm Holdings, Inc. (0000923601) (Issuer)
4 - Algorhythm Holdings, Inc. (0000923601) (Issuer)
4 - SINGING MACHINE CO INC (0000923601) (Issuer)
SC 13D/A - SINGING MACHINE CO INC (0000923601) (Subject)
SC 13D - SINGING MACHINE CO INC (0000923601) (Subject)
SC 13D/A - SINGING MACHINE CO INC (0000923601) (Subject)
Strategic Rebranding to Focus on Expanded Business Model and Growth Strategy. New Ticker RIME. Fort Lauderdale, FL, Sept. 05, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. ("Singing Machine") (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, recently announced it has successfully completed the acquisition of SemiCab, Inc. ("SemiCab"), a leading artificial intelligence technology company in the global logistics space. As part of this transaction, the Company announced an expanded business model, centered on making investments in AI driven technology companies focused on solving challenges for some of the largest global industry verticals. Today, the Comp
Comprehensive Digital Marketing Campaign Generating Strong Pre-Holiday Results Fort Lauderdale, FL, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. ("the Company") (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, announced today an update on its new Sesame Street licensed product line. This product line falls under the Company's licensed youth electronics line which focuses on fun, highly-recognizable, and engaging singalong products. Singing Machine's newly available assortment of its Sesame Street karaoke products feature beloved characters such as Elmo, Cookie Monster, and Abby Cadabby. The characters are available in the Company's latest i
Fort Lauderdale, FL, Aug. 26, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. ("Singing Machine") (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced it will be featured as a presenting company at the H.C. Wainwright 25th Annual Global Investment Conference. The conference is being held on September 9-11, 2024. H.C. Wainwright & Co. is hosting its 26th Annual Global Investment Conference, which is being held on September 9 to 11, 2024. The in-person venue for the event is the Lotte New York Palace Hotel in New York City located at 455 Madison Avenue. Virtual participation will be staged simultaneously with over 550 company presentations schedul
Strategic Rebranding to Focus on Expanded Business Model and Growth Strategy. New Ticker RIME. Fort Lauderdale, FL, Sept. 05, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. ("Singing Machine") (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, recently announced it has successfully completed the acquisition of SemiCab, Inc. ("SemiCab"), a leading artificial intelligence technology company in the global logistics space. As part of this transaction, the Company announced an expanded business model, centered on making investments in AI driven technology companies focused on solving challenges for some of the largest global industry verticals. Today, the Comp
Fort Lauderdale, FL, Aug. 14, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. ("Singing Machine" or the "Company") (NASDAQ: MICS) -- the worldwide leader in consumer karaoke products -- today announced that its earnings for its second quarter of 2024 will be released Monday, August 19, 2024. The same day Management will host a conference call at 4:00 PM Eastern time to discuss the financial results and provide a business update. Management will also provide an update on the acquisition integration of SemiCab, an emerging AI-powered technology provider serving the global logistics space. Conference Call Details: Date: Monday August 19, 2024Time: 4:00 PM EDT Dial-in number: 800-
SemiCab India Expected to Add Over $9 Million in Revenue in 2024 Fort Lauderdale, FL, July 16, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. ("Singing Machine") (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, recently announced it has successfully completed the acquisition of SemiCab, Inc. ("SemiCab"), a leading artificial intelligence technology company in the global logistics space. Today, the Company provided an update on the integration process for the newly created operations under SemiCab Holdings, LLC. The Company currently has key executives in India, completing the final prerequisites for the acquisition of SMCB Solutions Private Limited ("SMCB"