Strengthened Balance Sheet: The transaction eliminated approximately $4 million in liabilities, vastly improving and de-levering Algorythm’s balance sheet going forward. Reduction in Annual Cash Burn: ...
Fort Lauderdale, FL, May 25, 2023 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS), the North American leader in consumer karaoke products, ...
Two Strategic Partners Invest In an Above-Market Transaction,Becoming the Second and Third Largest Shareholders. “I am very pleased to announce the closing of this above-market transaction,” commented ...
Let’s get the party started. Now is a great time to get the best-selling Singing Machine Shine Duets karaoke machine for only $16. That’s a savings of $35.03 off the regular price of $51.03. The ...
Singing Machine wants to put a full-fledged karaoke setup inside modern vehicles, though it's better when other people can’t hear your vocals. Reading time 3 minutes Though you’re likely to hear many ...
Singing Machine has introduced its latest device, the Singing Machine Home. The round device is subtle in design and doesn't immediately lend one towards thoughts of a karaoke machine, yet doubles as ...
MONTREAL, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Stingray Group Inc. (TSX: RAY. A; RAY. B), a leading music, media, and technology company, today announced that it has acquired a minority interest in its ...
LAS VEGAS--(BUSINESS WIRE)--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its consolidated minority beneficially ...
LAS VEGAS--(BUSINESS WIRE)--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), today announced that its subsidiary Ault Lending, LLC (“Ault ...
FORT LAUDERDALE, Fla., Oct. 10, 2013 /PRNewswire/ — Singing Machine, one of the first companies to bring karaoke into American homes, today announced the Singing Machine Home™, an elegant speaker that ...
FORT LAUDERDALE - The Singing Machine Company, Inc. (NASDAQ: MICS), known for consumer karaoke products, has completed the acquisition of SemiCab, Inc., a company specializing in artificial ...
In 2008, the Singing Machine lost $3 million and the former management bailed. Its 100,000 square-foot warehouse in Ontario, California, was crowded with overstock and the 50-person staff was battered ...