Singing Machine Company Inc
NASDAQ:MICS
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MICS's latest stock split occurred on May 24, 2022
The company executed a 1-for-30 stock split, meaning that for every 30 shares held, investors received 1 new share.
Before the split, MICS traded at 0.1865 per share. Afterward, the share price was about 2.75.
The adjusted shares began trading on May 24, 2022. This was MICS's 4th stock split, following the previous one in Mar 18, 2002.
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Singing Machine Company Inc
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The Singing Machine Co., Inc. engages in the development, production, marketing, and distribution of consumer karaoke audio equipment, toy, accessories, music, and audio consumer electronic products. The company is headquartered in Fort Lauderdale, Florida and currently employs 33 full-time employees. The Company’s owned and licensed brands and products include Karaoke, Licensed Products, Microphones and Accessories, Singing Machine Kids Youth Electronics and Music Subscriptions. Its karaoke products are Bluetooth enabled to allow access to digital music content via the Company’s mobile apps available on iOS and Android platforms. Licensed products, which include brands such as Carpool Karaoke. Microphones and Accessories offers a line of traditional microphone accessories. The Company’s Kids line of products offers fun music entertainment features designed specifically for children. The firm offers karaoke music subscription services for the iOS and Android platforms as well as a Web-based download store and integrated streaming services for Singing Machine hardware.
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