Sichenzia Ross Ference LLP Represents The Singing Machine, Inc., in $4 Million Underwritten Public Offering and Uplisting to Nasdaq

Press Release – New York, NY – May 26, 2022 – Sichenzia Ross Ference LLP announced today that it represented The Singing Machine, Inc. (Nasdaq: MICS), the worldwide leader in consumer karaoke products, in an underwritten public offering of 1,000,000 shares of common stock at a price to the public of $4.00 per share. The common shares began trading on the Nasdaq Capital Market on May 24, 2022, under the symbol “MICS”. The gross proceeds to the company were approximately $4 million.

Aegis Capital Corp. acted as sole book-running manager for the offering.

The public offering was made pursuant to an effective registration statement on Form S-1 (No. 333-264277) declared effective by the Securities and Exchange Commission on May 23, 2022.

The Sichenzia Ross Ference LLP team was led by partners Greg Sichenzia and Marcelle Balcombe, associate Kayla Scoccola, and senior paralegal Raquel Vazquez.

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Sichenzia Ross Ference LLP

Sichenzia Ross Ference LLP is a full service law firm with a nationally recognized corporate, securities and litigation practice that provides experienced representation in all matters involving the securities industry. In addition to handling routine to complex commercial matters, SRF’s renowned litigation department specializes in defending companies and individuals against all types of securities cases, including class action lawsuits, shareholder derivative actions, and matters involving allegations of fraud, misrepresentation or other securities violations. The litigation team has also brought defamation lawsuits against companies and individuals related to market manipulation. Additionally, it represents individuals and companies in investigations by the Securities and Exchange Commission (SEC) and other regulatory bodies. The litigation team has a robust practice representing brokers and broker-dealers in arbitrations before the Financial Industry Regulatory Authority (FINRA). These arbitrations typically involve claims of unsuitability, churning, unauthorized trading and other allegations of broker misconduct. Finally, SRF has a burgeoning expungement practice, where it represents brokers seeking to have negative and harmful customer complaints removed from their industry records. The firm complements its core practice areas with an established commercial real estate and trusts and estates practice.

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Sichenzia Ross Ference LLP Represents The Singing Machine, Inc., in $4 Million Underwritten Public Offering and Uplisting to Nasdaq

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