form8k.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):   January 6, 2011


AUDIOVOX CORPORATION
(Exact name of registrant as specified in its charter)


Delaware
 
0-28839
(State or other jurisdiction of incorporation)
 
(Commission File Number)

13-1964841
(I.R.S. Employer Identification No.)

180 Marcus Blvd., Hauppauge, New York
 
11788
(Address of principal executive officers)
 
(Zip Code)


Registrant's telephone number, including area code (631) 231-7750




Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of file following provisions:
[ ]       Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]       Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]       Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]       Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(e))



Page 1 of 2

 
 

 




Item 8.01                                Other Events.

On January 6, 2011, Audiovox Corporation (the “Company”) issued a press release announcing that it had recently signed a non-binding term sheet to purchase all of the shares of Klipsch Group Inc. and its worldwide subsidiaries.  A copy of the release is furnished as Exhibit 99.1 attached hereto.

The information furnished under Item 8.01, including Exhibit 99.1, shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any registration statement filed under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.


Item 9.01(d).                                           Exhibits

Exhibit No.
Description

99.1
Press Release, dated January 6, 2011, relating to Audiovox Corporation's execution of a non-binding term sheet to purchase the shares of Klipsch Group Inc. (furnished herewith).




SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

                                  AUDIOVOX CORPORATION (Registrant)


Date:   January 6, 2011                                                                                   
                                  BY: /s/ Charles M. Stoehr
                            Charles M. Stoehr
                            Senior Vice President and
                            Chief Financial Officer





Page 2 of 2