The Singing Machine (MICS) director Foreman bought 1,098,901 shares for $1,000K at $0.91

Insider transactions reported

Jay B Foreman (director at The Singing Machine Company Inc., MICS) reported that they bought 1,098,901 shares for $1,000K at $0.91 on Nov 21, 2023. After these transactions the filing shows 1,130,768 shares held indirectly (By Regalia Ventures LLC).

Reporting person

Foreman Jay B

Holdings before and after

• Common Stock: 31,867 to 1,130,768 indirect, By Regalia Ventures LLC

Footnotes from the filing

1. 1. The securities were purchased by Regalia Ventures LLC ( Regalia ), an entity wholly owned by Mr. Foreman, pursuant to a Stock Purchase Agreement, dated as of November 20, 2023 (the Purchase Agreement ). The transactions contemplated by the Purchase Agreement were consummated on November 21, 2023. Mr. Foreman is deemed to have voting and investment power with respect to the shares held of record by Regalia.
2. 2. Consists of 31,867 shares held directly by Mr. Foreman and 1,098,901 shares held directly by Regalia.

Transaction codes in this filing

Open-market purchase:

Code P marks a purchase in the open market or a private deal. The insider paid for these securities.

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