SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
Of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): May 28, 2020
UNIVERSAL ELECTRONICS INC.
(Exact name of Registrant as specified in its charter)
(State or other jurisdiction
(Commission File No.)
of incorporation or organization)
15147 N. Scottsdale Road, Suite H300
(Address of principal executive offices)
(Registrant’s telephone number, including area code): (480) 530-3000
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 the 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(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Name of each exchange on which registered
Common Stock, par value $0.01 per share
The NASDAQ Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
TABLE OF CONTENTS
Item 8.01 Other Events
On May 28, 2020, Universal Electronics Inc. (“UEI”) entered into a confidential settlement agreement with Universal Electronics BV, a wholly owned subsidiary of UEI (“UEBV”), Telenet BVBA, a customer of UEBV (“Telenet”), Ruwido Austria GmbH (“Ruwido”) and FM Marketing GmbH an affiliated company to Ruwido (“FM Marketing”) whereby all court proceedings (first filed in 2015) between the parties have been dismissed with prejudice. As a part of this agreement, in addition to dismissing their claims against UEBV and Telenet, FM Marketing will pay an undisclosed amount to UEBV and Telenet.
In addition, also on May 28, 2020, UEI issued a press release reporting the settlement.
A copy of UEI’s press release is attached as Exhibit 99 and incorporated by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. The following exhibit is furnished with this report.
Exhibit 99 Press Release issued on May 28, 2020, reporting the settlement.
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.
Universal Electronics Inc.
Date: May 28, 2020
By: /s/ Bryan M. Hackworth
Bryan M. Hackworth
Chief Financial Officer
(Principal Financial Officer)
INDEX TO EXHIBITS