Singing Machine Company Inc (MICS)

[NobleRoman]

Also substantial discount to net tangible book. The prospects factors in the secondary into the latest Dec. filing:

After giving effect to the sale by us in this offering of shares at a public offering price of $4.00 per share and after deducting the estimated underwriting discounts and commissions and estimated offering expenses that we will pay, our as adjusted net tangible book value as of December 31, 2021 would have been approximately $15.3 million, or $6.89 per share of common stock.

Source:

https://ih.advfn.com/stock-market/USOTC/singing-machine-qx-SMDM/stock-news/88214588/prospectus-filed-pursuant-to-rule-424b4-424b4