Key Summary: On December 21, 2023, the company agreed with Toro 18 Holdings LLC (11.9%) for Mr. Singer's director appointment until the 2024 Annual Meeting, also including him in the director nominee slate for the meeting.Market Cap: $107 million| Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for video services, consumer electronics, security, home automation, climate control, and home appliance markets.
On December 21, 2023, the company and Toro 18 Holdings LLC (11.9%) entered into a cooperation agreement. According to the agreement, the company will appoint Mr. Singer as a director until the 2024 Annual Meeting. Mr. Singer will also be included in the company's director nominee slate for the 2024 Annual Meeting.
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