true Amendment No 1 SINGING MACHINE CO INC 0000923601 0000923601 2023-12-19 2023-12-19 iso4217:USD xbrli:shares iso4217:USD xbrli:shares






Washington, D.C. 20549






Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): December 19, 2023



(Exact name of registrant as specified in charter)


Delaware   001-41405   95-3795478

(State or other jurisdiction

of incorporation)



File Number)


(IRS Employer

Identification No.)


6301 NW 5th Way, Suite 2900

Fort Lauderdale, FL 33309

(Address of principal executive offices) (Zip Code)


(954) 596-1000

(Registrant’s telephone number, including area code)


Not Applicable

(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:


Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, par value $0.01 per share   MICS   The Nasdaq Stock Market LLC (The Nasdaq Capital Market)


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).


Emerging growth


If an emerging growth company, indicate by check mart if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐







Explanatory Note


This Current Report on Form 8-K/A (this “Amendment”) amends the Current Report on Form 8-K filed by The Singing Machine Company, Inc. (the “Company”) with the U.S. Securities and Exchange Commission on December 19, 2023 (the “Original Form 8-K”). The Original Form 8-K was filed to report the results of the Company’s 2023 Annual Meeting of Stockholders held on December 18, 2023 (the “2023 Annual Meeting”). The sole purpose of this Amendment is to disclose, in accordance with Item 5.07(d) of Form 8-K, the Company’s decision as to the frequency of future stockholder advisory votes regarding the compensation of the Company’s named executive officers (i.e. “say on pay” votes). Except as set forth herein, no other changes have been made to the Original Form 8-K.


Item 5.07 Submission of Matters to a Vote of Security Holders.


Consistent with the recommendation of the Company’s Board of Directors (the “Board”) as set forth in the Company’s proxy statement with respect to the 2023 Annual Meeting, a majority of votes at the 2023 Annual Meeting were cast in favor of conducting “say on pay” votes every three years. In light of this result and in accordance with the Board’s recommendation, the Board has determined that the Company will conduct “say on pay” votes every three years until the next required stockholder advisory vote regarding the frequency of such votes. The next advisory vote regarding “say on pay” frequency is currently expected to be held at the Company’s 2029 Annual Meeting of Stockholders.







Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: May 13, 2024


  By: /s/ Gary Atkinson
    Gary Atkinson
    Chief Executive Officer




Dec. 19, 2023
Cover [Abstract]  
Document Type 8-K/A
Amendment Flag true
Amendment Description Amendment No 1
Document Period End Date Dec. 19, 2023
Entity File Number 001-41405
Entity Registrant Name SINGING MACHINE CO INC
Entity Central Index Key 0000923601
Entity Tax Identification Number 95-3795478
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 6301 NW 5th Way
Entity Address, Address Line Two Suite 2900
Entity Address, City or Town Fort Lauderdale
Entity Address, State or Province FL
Entity Address, Postal Zip Code 33309
City Area Code (954)
Local Phone Number 596-1000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, par value $0.01 per share
Trading Symbol MICS
Security Exchange Name NASDAQ
Entity Emerging Growth Company false

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