FB pixel

Voxx asset review delays quarterly filing

Voxx asset review delays quarterly filing
 

A regulatory notice from Voxx International says the firm needs extra time to work out the fine details of its financials before filings its quarterly financials.

The company filed notification that it will file its quarterlies late as it tests its goodwill and other intangible assets under the merger agreement it signed with Gentex in December.

Voxx plans to file its Form 10-Q when it has completed a review of its intangible assets for impairment.

Gentex agreed to pay an estimated $196 million in cash for Voxx, along with access to the iris biometrics technology developed by EyeLock and GalvanEyes, at the close of 2024. Those former Voxx subsidiaries were merged as BioCenturion prior to the acquisition.

Related Posts

Article Topics

 |   |   |   |   | 

Latest Biometrics News

 

India’s UPI expands into Central Asia with Uzbekistan deal

Uzbekistan has become the latest international market for India’s Unified Payments Interface (UPI), in another example of India exporting digital…

 

International Identity Day shifts focus beyond coverage to trust

The ninth annual International Identity Day is being observed today under the theme “My Identity, My Shadow. Never Apart.”  This…

 

24.4M Filipinos use national ID to open GCash accounts: PSA

The Philippine Statistics Authority (PSA) says more than 24 million Filipinos have successfully verified their identities and opened e-wallet accounts…

 

UAE Pass digital vault gets blockchain infrastructure upgrade

The blockchain infrastructure underpinning document storage and verification in UAE Pass, the United Arab Emirates’ national digital identity platform, is…

 

Lindner brings inGo construction credentials to Germany’s d-you wallet

Subcontractor management platform inGo will connect with Germany’s d-you digital identity wallet as part of launch partner Lindner Group’s participation…

 

Proof’s VDC launch brings together banking regulation, reusable identity and AI agents

Proof, the identity and transaction-security company formerly known as Notarize, has launched its Verifiable Digital Credential, a portable digital identity…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Market Intelligence

Featured Company

Biometric Update Podcast

Most Read This Week

White Papers

Latest Webinars

Biometrics Industry Events