0001140361-22-019777.txt : 20220518 0001140361-22-019777.hdr.sgml : 20220518 20220518160419 ACCESSION NUMBER: 0001140361-22-019777 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20220518 ITEM INFORMATION: Other Events FILED AS OF DATE: 20220518 DATE AS OF CHANGE: 20220518 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTRICON CORP CENTRAL INDEX KEY: 0000088790 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 231069060 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05005 FILM NUMBER: 22939061 BUSINESS ADDRESS: STREET 1: 1260 RED FOX ROAD CITY: ARDEN HILLS STATE: MN ZIP: 55112 BUSINESS PHONE: 6516369770 MAIL ADDRESS: STREET 1: 1260 RED FOX ROAD CITY: ARDEN HILLS STATE: MN ZIP: 55112 FORMER COMPANY: FORMER CONFORMED NAME: SELAS CORP OF AMERICA DATE OF NAME CHANGE: 19920703 8-K 1 ny20003464x4_8k.htm 8-K
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) May 18, 2022
 
INTRICON CORPORATION
(Exact name of registrant as specified in its charter)
 
Pennsylvania
 
1-5005
 
23-1069060
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
1260 Red Fox Road, Arden Hills, MN 55112
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (651) 636-9770
N/A
(Former name or former address, if changed since last report)
 
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 (see General Instruction A.2. below):
 
☐
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
Trading Symbol
Name of each exchange on which registered
Common stock, par value $1.00 per share
IIN
Nasdaq Global Market
 
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 l2b-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. ☐ 
Item 8.01
Other Events
 
Litigation Related to the Merger

On April 25, 2022, Intricon Corporation (“Intricon” or the “Company”) filed a Definitive Proxy Statement on Schedule 14A (the “Proxy Statement”) with the Securities and Exchange Commission (“SEC”) in connection with the Agreement and Plan of Merger (as it may be amended from time to time, the “Merger Agreement”) dated as of February 27, 2022 , by and among Intricon, IIN Holding Company LLC, a Delaware limited liability company (“Parent”), and IC Merger Sub Inc., a Pennsylvania corporation and a wholly owned subsidiary of Parent (“Merger Sub”). Parent and Merger Sub are owned by funds affiliated with Altaris Capital Partners, LLC, an investment firm focused exclusively on the healthcare industry.  Subject to the terms and conditions of the Merger Agreement, Merger Sub will merge with and into Intricon, as a result of which the separate corporate existence of Merger Sub will cease, with Intricon continuing as the surviving corporation (the “Merger”) and a wholly owned subsidiary of Parent.  The special meeting of Intricon shareholders will be held on May 24, 2022, at 8:00 a.m., Central Daylight Time, to act on the proposal to approve and adopt the Merger Agreement and approve the Merger, as disclosed in the Proxy Statement.

Between April 14, 2022 and May 5, 2022, six lawsuits were filed against the Company and its directors: Stein v. Intricon Corporation, et al., 1-22-cv-03099-PGG in the United States District Court for the Southern District of New York; Sandoval v. Intricon Corporation, et al., 2:22-cv-01512 in the United States District Court for the Eastern District of Pennsylvania (the “Sandoval Complaint”); Waterman v. Intricon Corporation, et al., 2:22-cv-01541-GAM in the United States District Court for the Eastern District of Pennsylvania; Whitfield v. Intricon Corporation, et al., 1:22-cv-02261-EK-LB in the United States District Court for the Eastern District of New York; Raul v. Intricon Corporation, et al., 1:22-cv-03638 in the United States District Court for the Southern District of New York; and Finger v. Intricon Corporation, et al., 1:22-cv-03648 in the United States District Court for the Southern District of New York.

The complaints generally allege that the Company’s Preliminary Proxy Statement filed with the SEC on April 12, 2022 and/or the Proxy Statement omitted material information that rendered them false and misleading. As a result of the alleged omissions, the lawsuits seek to hold the Company and its directors liable for violating Section 14(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 14a-9 promulgated thereunder, and additionally seek to hold the Company’s directors liable as control persons pursuant to Section 20(a) of the Exchange Act. The Sandoval Complaint also alleges that the Company’s directors violated their fiduciary duties of care, loyalty and good faith, and that the Company aided and abetted the directors’ breach of their fiduciary duties.  The complaints variously seek, among other relief, an injunction preventing the closing of the Merger, rescission of the Merger (in case the Merger is consummated) or awarding of rescissory damages, declaring the Merger Agreement unenforceable, and awarding of damages and an award of costs of the lawsuit, including reasonable allowance for plaintiffs’ attorneys’ and experts’ fees.

In addition, on May 6, 2022, the Company received two demand letters from putative shareholders alleging that there were material disclosure deficiencies in the Proxy Statement and demanding that certain corrective disclosures be made by amendment or supplement to the Proxy Statement.

Intricon believes that the lawsuits and demand letters are without merit and that no supplemental disclosures are required under applicable law. However, in order to avoid nuisance, potential expense and delay from the lawsuits and to provide additional information to the shareholders of Intricon and without admitting any liability or wrongdoing, Intricon has determined to voluntarily supplement the Proxy Statement with the disclosures set forth herein. Nothing in this Current Report on Form 8-K shall be deemed an admission of the legal necessity or materiality under applicable law of any of the disclosures set forth herein. Intricon specifically takes the position that no disclosure demanded in the lawsuits and demand letters is required to supplement the Proxy Statement under applicable law.
In addition, on May 4, 2022, the Company received a demand letter from a beneficial shareholder pursuant to 15 Pa.C.S. §1308 to inspect books and records of the Company relating to, among other things, the Merger Agreement and the Merger.  The Company’s counsel has responded and is in discussions with the shareholder’s counsel.  The Company cannot determine at this time if the books and records demand will lead to litigation.

Supplement to Proxy Statement

On May 18, 2022, the Company filed the following supplement to the Proxy Statement (the “Supplement”), in which, in addition to the additional disclosures made in connection with the lawsuits and demand letters set forth above, the Company provided information concerning two additional members of management who elected to enter into an additional Rollover Agreement subsequent to the date of the Proxy Statement.

The following supplemental disclosures set forth in the Supplement should be reviewed in conjunction with the disclosures in the Proxy Statement, which should be carefully read in its entirety. To the extent information set forth in the Supplement differs from or updates information contained in the Proxy Statement, the information contained in the Supplement supersedes the information contained in the Proxy Statement. Any defined terms used but not defined herein have the meanings set forth in the Proxy Statement.

The below supplemental disclosure replaces the second full paragraph on page 2 of the Proxy Statement under the heading “Summary—The Merger”:

Intricon and certain members of Intricon’s management, or “Rollover Shareholders”, entered into two agreements, collectively referred to as the “Rollover Agreement”, with IIN Holdings LLC, a Delaware limited liability company and an affiliate of Parent (“IIN Holdings”), providing for the contribution, immediately prior to the Effective Time, of an aggregate of 136,084 shares of Intricon common stock held by the Rollover Shareholders (the aggregate amount of such shares to be contributed referred to as “Rollover Shares”) to IIN Holdings, in exchange for equity interests of IIN Holdings. At the Effective Time, the Rollover Shares will cease to have any rights, except for the right to receive such equity interests of IIN Holdings specified in the Rollover Agreement.

The below supplemental disclosure replaces the fourth full paragraph on page 5 of the Proxy Statement under the heading “Summary—Required Shareholder Approval”:

As of the Record Date (as defined below), our current directors and executive officers owned and were entitled to vote, in the aggregate, 620,922 shares of Intricon common stock, representing approximately 6.7% of the shares of Intricon common stock outstanding as of the Record Date, including 136,084 shares of Intricon common stock, in the aggregate, representing approximately 1.5% of the shares of Intricon common stock outstanding as of the Record Date, owned and entitled to be voted by the Rollover Shareholders and which are subject to the Rollover Agreement.
The below supplemental disclosure replaces the first full paragraph on page 20 of the Proxy Statement under the heading “The Special Meeting—Shares Held by Intricon’s Directors and Executive Officers, including Rollover Shareholders”:

As of the Record Date, our current directors and executive officers owned and were entitled to vote, in the aggregate, 620,922 shares of Intricon common stock, representing approximately 6.7% of the shares of Intricon common stock outstanding as of the Record Date, including 136,084 shares of Intricon common stock, in the aggregate, representing approximately 1.5% of the shares of Intricon common stock outstanding as of the Record Date, owned and entitled to be voted by the Rollover Shareholders and which are subject to the Rollover Agreement.

The below supplemental disclosure replaces the seventh full paragraph on page 26 of the Proxy Statement under the heading “The Merger—Background of the Merger”:

On January 17, 2022, Altaris submitted a further revised non-binding proposal addressed to the Board of Directors by email to Mr. Longval to acquire the Company for cash in the amount of $24.25 per share of outstanding common stock of the Company, subject again to various conditions.  Neither this proposal, nor the two prior proposals submitted by Altaris, addressed the participation of management or directors of Intricon in the Surviving Corporation or its affiliates following the Merger or the opportunity to “roll over” a portion of their Intricon common stock into equity of the Surviving Corporation or its affiliates.

The below supplemental disclosure replaces the first full paragraph on page 29 of the Proxy Statement under the heading “The Merger—Background of the Merger”:

Later that evening, the parties executed the merger agreement, the equity commitment letter and the guarantee. At the time of the execution of the merger agreement, Altaris had not discussed with Intricon or its management the terms of any post-closing employment or equity participation for Intricon management, except that: (i) on or about February 23, 2022, representatives of Altaris discussed with Mr. Smith, and conveyed to Mr. Longval, the possibility of serving as directors of the board of the Surviving Corporation or its parent, with Mr. Smith serving as chair, although no amount of compensation was discussed; and (ii) on or about February 23, 2022, representatives of Altaris conveyed to Mr. Longval that certain members of management of Intricon (including to Messrs. Longval and Gorder) and Mr. Smith could elect to roll over a portion of their shareholdings in Intricon into equity of the Surviving Corporation or its affiliates at the same per share value as the Per Share Merger Consideration, although the number of shares which would be subject to the rollover was not discussed.

The below supplemental disclosure follows the fourth full paragraph on page 29 of the Proxy Statement under the heading “The Merger—Background of the Merger”:

The confidentiality agreements entered into with Altaris and ten other parties during the “go-shop” period were substantially similar and contained prohibitions on disclosure and use of confidential information and soliciting employees of Intricon for employment.  The Altaris confidentiality agreement and most of the confidentiality agreements with the other parties contained “don’t ask, don’t waive standstill” provisions; however, the “standstill” provisions were not and are not in effect by the terms of the confidentiality agreements as a result of Intricon entering into and announcing the Merger Agreement on February 27, 2022.  Accordingly, none of the standstill provisions presently preclude (or precluded during the “go-shop” period) any of the ten other parties from making a proposal to acquire Intricon.
The below supplemental disclosure replaces the fourth full paragraph on page 34 of the Proxy Statement under the heading “The Merger—Opinion of Piper Sandler & Co.”:

Unless the context indicates otherwise, for purposes of the financial analyses described below, Piper Sandler calculated enterprise value (“EV”) for each company (defined as the relevant company’s common equity value, plus book value of preferred stock, plus fair value of contingent consideration, plus debt, plus capital leases, less cash and cash equivalents, less investments in partnerships, and less short and long term investments (“net debt”), plus, where applicable, book value of non-controlling interests), including (a) EV for each publicly traded company, based on (I) the market value of the relevant company’s diluted common equity, using closing stock prices on February 25, 2022 and (II) the relevant company’s net debt as of such company’s most recently reported quarter end, (b) EV for each target business included in the merger and acquisition (“M&A”) transactions, based on (I) the implied value of the relevant target company’s common equity using the implied purchase price paid for such target company’s common equity in the relevant M&A transaction and the relevant target company’s net debt as of such target company’s most recently reported quarter end immediately prior to announcement of the relevant M&A transaction (in the case of M&A transactions involving the acquisition of public companies) or otherwise (II) the publicly announced EV for the target business at the time of announcement of the relevant M&A transaction and (c) implied per share value for the Company based on (I) diluted shares calculated using the treasury stock method, of Intricon common stock (including options and restricted stock units) of approximately 9.9 million as of February 25, 2022, based on the Per Share Merger Consideration and (II) net debt of approximately $(29) million as of December 31, 2021. Additionally, references to “EBITDA” are references to earnings before interest, tax, depreciation and amortization, adjusted for stock-based compensation and (i) in the case of the Company, includes adjustments for change in fair value of contingent consideration, acquisition related expenses, impairment loss, other operating expenses, executive transition expenses, system assessment fees and certain legal expenses and (ii) in the case of companies other than the Company, includes other non-recurring items, as applicable.

The below supplemental disclosure replaces the first full paragraph and the accompanying table on page 35 of the Proxy Statement under the heading “The Merger—Opinion of Piper Sandler & Co.—Selected Public Companies Analysis—Medical Manufacturing Companies-Business Profile”:

The analysis indicated the following implied multiples for the selected medical manufacturing public companies and related maximum, 75th percentile, mean, median, 25th percentile and minimum implied multiples, as well as the applicable Company implied multiples based on (i) the February 25th Closing Price and (ii) the Per Share Merger Consideration:

 
EV / EBITDA
 
2021
  
2022
Integer Holdings Corporation
15.4x
  
12.8x
Nolato AB
13.9x
  
12.5x
UFP Technologies, Inc.
11.8x
  
8.5x
       
Maximum
15.4x
  
12.8x
75th Percentile
14.7x
  
12.7x
Mean
13.7x
  
11.3x
Median
13.9x
  
12.5x
25th Percentile
12.9x
  
10.5x
Minimum
11.8x
  
8.5x
       
The Company at the February 25th Closing Price ($17.42)
15.8x
  
10.5x
The Company at the Per Share Merger Consideration ($24.25)
23.4x
  
15.6x

The below supplemental disclosure replaces the first and second full paragraphs and the accompanying table on page 35 of the Proxy Statement under the heading “The Merger—Opinion of Piper Sandler & Co.—Selected M&A Transaction Analysis—Medical Manufacturing Companies-Business Profile”:

Piper Sandler reviewed 28 M&A transactions announced since January 1, 2014 involving those public and private target businesses that Piper Sandler considered to be in the medical manufacturing industry and for which Piper Sandler had access to sufficient financial information.
The below supplemental disclosure replaces the first full paragraph and the accompanying table on page 37 of the Proxy Statement under the heading “The Merger—Opinion of Piper Sandler & Co.—Selected M&A Transaction Analysis—Medical Manufacturing Companies-Business Profile”:

The list of selected transactions, applicable implied enterprise values and related mean and median implied enterprise values for such transactions, applicable implied multiples and related maximum, 75th percentile, mean, median, 25th percentile and minimum implied multiples for such transactions, as well as the applicable Company implied enterprise values and implied multiples based on (i) the February 25th Closing Price and (ii) the Per Share Merger Consideration are as follows:

($ in millions)
                
 
Target
    
Acquiror
  
Date of
Transaction
Announcement
  
Implied
Enterprise
Value
   EV / EBITDA
       
LTM
FTM
Resonetics, LLC(1)(2)
  
The Carlyle Group, Inc.
  
November 30, 2021
  
$2,250
  
-----
  
-----
Medbio, Inc.(1)(2)(3)
  
Protective Industries Inc. (subsidiary of Berwind Corporation)
  
November 22, 2021
  
-----
  
-----
  
-----
Oscor Inc. (and certain affiliates)(1)(2)
  
Integer Holdings Corporation
  
October 29, 2021
  
$220
  
-----
  
-----
International Rubber Products, Inc.(1)(2)(3)
  
Integrated Polymer Solutions, Inc.
  
February 18, 2021
  
-----
  
-----
  
-----
NN, Inc. (Life Sciences division)(1)(2)
  
MW Industries, Inc.
  
August 24, 2020
  
$825
  
-----
  
-----
IWG High Performance Conductors, Inc.(1)(2)
  
Teleflex Incorporated
  
February 20, 2020
  
$260
  
-----
  
-----
Providien, LLC(1)(2)
  
Carlisle Companies Incorporated
  
October 21, 2019
  
$332
  
-----
  
-----
Orchid Orthopedic Solutions, LLC(1)(2)(3)
  
Nordic Capital Fund IX (affiliate of Nordic Capital Limited)
  
January 22, 2019
  
-----
  
-----
  
-----
Avalign Technologies, Inc.(1)(2)(3)
  
Linden Capital Partners LLC
  
December 28, 2018
  
-----
  
-----
  
-----
Integer Holdings Corporation (AS&O business)(1)(2)
  
MedPlast, Inc.
  
May 3, 2018
  
$600
  
-----
  
-----
Cadence, Inc.(1)(2)(3)
  
Kohlberg & Company, L.L.C.
  
April 18, 2018
  
-----
  
-----
  
-----
Paragon Medical, Inc.(4)
  
NN, Inc.
  
April 3, 2018
  
$375
  
15.6x
  
-----
Spectrum Plastics Group, Inc.(1)(2)(3)
  
AEA Investors LP
  
January 31, 2018
  
-----
  
-----
  
-----
Cirtec Medical Systems, LLC(1)(2)(3)
  
3i Group plc
  
July 5, 2017
  
-----
  
-----
  
-----
Tecomet, Inc.(1)(2)(3)
  
Charlesbank Capital Partners, LLC
  
May 1, 2017
  
-----
  
-----
  
-----
Vention Medical, Inc. (Advanced Technologies business)(2)
  
Nordson Corporation
  
February 20, 2017
  
$705
  
14.7x
  
-----
Vention Medical, Inc. (Device Manufacturing Service business)(1)(2)(3)
  
MedPlast Inc.
  
February 20, 2017
  
-----
  
-----
  
-----
Specialty Silicone Fabricators, Inc.(1)(2)(3)
  
Trelleborg AB
  
June 13, 2016
  
-----
  
-----
  
-----
Marle International SAS(1)(2)(3)
  
IK Investment Partners Limited
  
May 25, 2016
  
-----
  
-----
  
-----
Alcoa, Inc. (Remmele Medical Operations business)(1)(2)(3)
  
LISI SA
  
April 11, 2016
  
-----
  
-----
  
-----
Creganna-Tactx Medical(1)(2)
  
TE Connectivity LTD.
  
February 2, 2016
  
$895
  
-----
  
-----
Lake Region Medical, Inc.(2)
  
Greatbatch, Inc.
  
August 27, 2015
  
$1,727
  
11.6x
  
-----
Precision Engineered Products, LLC(4)
  
NN, Inc.
  
August 17, 2015
  
$615
  
8.9x
  
-----
AdvancedCath Technologies, LLC(1)(2)
  
TE Connectivity LTD.
  
February 18, 2015
  
$190
  
-----
  
-----
Precision Wire Components, LLC(1)(2)(3)
  
Creganna-Tactx Medical
  
October 29, 2014
  
-----
  
-----
  
-----
Symmetry Medical Inc. (OEM Solutions business)(4)
  
Tecomet Inc.
  
August 4, 2014
  
$450
  
9.4x
  
-----
Avalon Laboratories, LLC(1)(2)
  
Nordson Corporation
  
August 4, 2014
  
$180
  
-----
  
-----
Lake Region Medical, Inc.(1)(2)
  
Accellent Inc.
  
February 3, 2014
  
$390
  
-----
  
-----
                     
Maximum
              
28.2x
  
20.0x
75th Percentile
              
15.6x
  
13.3x
Mean
          
$573
  
14.0x
  
12.0x
Median
          
$392
  
13.3x
  
11.4x
25th Percentile
              
11.2x
  
10.0x
Minimum
              
7.4x
  
6.9x
                     
The Company at the February 25th Closing Price ($17.42)
  
$143
  
15.8x
  
10.5x
The Company at the Per Share Merger Consideration ($24.25)
  
$212
  
23.4x
  
15.6x
___________________


 (1)
EV/LTM EBITDA data was confidential.

(2)
EV/FTM EBITDA data was confidential.

(3)
Enterprise Value data was confidential.

(4)
EV/FTM EBITDA data was not available.

The below supplemental disclosure replaces the first and second full paragraphs on page 37 and the accompanying table on pages 37-38 of the Proxy Statement under the heading “The Merger—Opinion of Piper Sandler & Co.—Selected M&A Transaction Analysis—Medical Technology Companies-Financial Profile”:

Piper Sandler also reviewed 23 M&A transactions announced since January 1, 2014 involving target businesses in the medical technology industry that Piper Sandler believed were comparable to the Company’s financial profile.  Piper Sandler selected those transactions involving public or private medical technology businesses as targets that had (i) LTM revenue between $25 million and $250 million, (ii) FTM revenue growth between 10% and 30% and (iii) LTM EBITDA margin above 0% and for which Piper Sandler had access to sufficient financial information.
The below supplemental disclosure replaces the second full paragraph and the accompanying table on page 38 of the Proxy Statement under the heading “The Merger—Opinion of Piper Sandler & Co.—Selected M&A Transaction Analysis—Medical Technology Companies-Financial Profile”:

The list of selected transactions, applicable implied enterprise values and related mean and median implied enterprise values for such transactions, applicable implied multiples and related maximum, 75th percentile, mean, median, 25th percentile and minimum implied multiples for such transactions, as well as the applicable Company implied enterprise values and implied multiples based on (i) the February 25th Closing Price and (ii) the Per Share Merger Consideration are as follows:

($ in millions)
                
Target
  
Acquiror
  
Date of
Transaction
Announcement
  
Implied
Enterprise
Value
   EV / EBITDA
       
LTM
   FTM
Medbio, Inc.(1)(2)(3)
  
Protective Industries Inc. (subsidiary of Berwind Corporation)
  
November 22, 2021
  
-----
  
-----
  
-----
Oscor Inc. (and certain affiliates)(1)(2)
  
Integer Holdings Corporation
  
October 29, 2021
  
$220
  
-----
  
-----
International Rubber Products, Inc.(1)(2)(3)
  
Integrated Polymer Solutions, Inc.
  
February 18, 2021
  
-----
  
-----
  
-----
Surgical Specialties Corporation(1)(2)(3)
  
Corza Health, Inc.
  
January 29, 2021
  
-----
  
-----
  
-----
IWG High Performance Conductors, Inc.(1)(2)
  
Teleflex Incorporated
  
February 20, 2020
  
$260
  
-----
  
-----
Providien, LLC(1)(2)
  
Carlisle Companies Incorporated
  
October 21, 2019
  
$332
  
-----
  
-----
Collagen Matrix, Inc.(1)(2)(3)
  
Linden Capital Partners LLC
  
August 2, 2019
  
-----
  
-----
  
-----
Cardiac Science Corporation(1)(2)(3)
  
ZOLL Medical Corporation
  
June 11, 2019
  
-----
  
-----
  
-----
Medical Instrument Development Laboratories, Inc.(1)(2)(3)
  
HOYA Medical Singapore Pte. Ltd.
  
October 18, 2018
  
-----
  
-----
  
-----
Clinical Innovations, LLC(1)(2)
  
EQT Partners AB
  
October 18, 2017
  
$250
  
-----
  
-----
G&H Orthodontics, Inc.(1)(2)(3)
  
Altaris Capital Partners, LLC
  
September 12, 2017
  
-----
  
-----
  
-----
Cirtec Medical Systems, LLC(1)(2)(3)
  
3i Group plc
  
July 5, 2017
  
-----
  
-----
  
-----
Fotona Holdings, LLC(1)(2)(3)
  
Asia-Germany Industrial Promotion Limited
  
April 20, 2017
  
-----
  
-----
  
-----
Vention Medical, Inc. (Advanced Technologies business)(2)
  
Nordson Corporation
  
February 20, 2017
  
$705
  
14.7x
  
-----
Angiotech Pharmaceuticals, Inc.(1)(2)(3)
  
Vivo Capital LLC
  
December 19, 2016
  
-----
  
-----
  
-----
Vascular Solutions, Inc.(4)(5)
  
Teleflex Incorporated
  
December 2, 2016
  
$993
  
-----
  
-----
Specialty Silicone Fabricators, Inc.(1)(2)(3)
  
Trelleborg AB
  
June 13, 2016
  
-----
  
-----
  
-----
Smith & Nephew plc (Gynecology business)(1)(2)
  
Medtronic plc
  
May 18, 2016
  
$350
  
-----
  
-----
Synergetics USA, Inc.
  
Valeant Pharmaceuticals International, Inc.
  
September 2, 2015
  
$188
  
21.0x
  
19.6x
AdvancedCath Technologies, LLC(1)(2)
  
TE Connectivity LTD.
  
February 18, 2015
  
$190
  
-----
  
-----
FH Orthopedics S.A.S(1)(2)(3)
  
LBO France Gestion SAS
  
October 30, 2014
  
-----
  
-----
  
-----
Avalon Laboratories, LLC(1)(2)
  
Nordson Corporation
  
August 4, 2014
  
$180
  
-----
  
-----
AccessClosure, Inc.(1)(2)
  
Cardinal Health, Inc.
  
April 1, 2014
  
$320
  
-----
  
-----
                     
Maximum
              
28.2x
  
24.4x
75th Percentile
              
18.0x
  
15.8x
Mean
          
$326
  
15.9x
  
13.5x
Median
          
$250
  
15.5x
  
12.8x
25th Percentile
              
11.9x
  
10.3x
Minimum
              
9.3x
  
7.7x
                     
The Company at the February 25th Closing Price ($17.42)
  
$143
  
15.8x
  
10.5x
The Company at the Per Share Merger Consideration ($24.25)
  
$212
  
23.4x
  
15.6x
_______________________________


 (1)
EV/LTM EBITDA data was confidential.

(2)
EV/FTM EBITDA data was confidential.

(3)
Enterprise Value data was confidential.

(4)
EV/FTM EBITDA data was not available.

(5)
EV/LTM EBITDA multiple was greater than 30.0x.

The below supplemental disclosure replaces the second full paragraph on page 39 of the Proxy Statement under the heading “The Merger—Opinion of Piper Sandler & Co.—Discounted Cash Flows Analysis”:

The after-tax free cash flows for each year, as well as the estimated calendar year 2026 EBITDA, were calculated based on estimates provided to Piper Sandler by Intricon management. Piper Sandler calculated the range of net present values for unlevered free cash flows for such periods, as well as the terminal value, based on a range of discount rates ranging from 12.1% to 14.1%, which range reflected Piper Sandler’s estimate of the Company’s weighted average cost of capital using the capital asset pricing model, together with a size premium in order to derive a range of implied enterprise values for the Company. Piper Sandler then derived a range of implied per share values for Intricon common stock using estimated net debt of approximately $(27) million as of March 31, 2022 (based on estimates provided to Piper Sandler by Intricon management) and diluted share information described above, which range was $24.49-$30.09. Piper Sandler observed that such range was above the Per-Share Merger Consideration of $24.25.

The below supplemental disclosure replaces the second full paragraph on page 42 of the Proxy Statement under the heading “The Merger—Opinion of Piper Sandler & Co.—Information about Piper Sandler”:

Piper Sandler acted as exclusive financial advisor to the Company in connection with the Merger and will receive a fee, currently estimated to be approximately $4.3 million, from the Company, which is contingent upon the consummation of the Merger, except for $500,000 of such fee which will be paid to Piper Sandler for rendering its fairness opinion and is creditable against the total fee. The opinion fee was not contingent upon the consummation of the Merger or the conclusions reached in Piper Sandler’s opinion. The Company has also agreed to indemnify Piper Sandler against certain liabilities and reimburse Piper Sandler for certain expenses in connection with its services. In the two years preceding the date of Piper Sandler’s opinion, Piper Sandler had not received any revenue in respect of any investment banking services provided to the Company unrelated to the Merger. Piper Sandler previously provided financial advisory services to an entity affiliated with Parent in connection with acting as financial advisor to such affiliate in its acquisition of Solesis, Inc., in 2021, for which Piper Sandler received a fee of approximately $1.5 million. In addition, in the ordinary course of its business, Piper Sandler and its affiliates may actively trade securities of the Company and entities affiliated with Parent for its own account or the account of its customers and, accordingly, may at any time hold a long or short position in such securities. Piper Sandler may also, in the future, provide investment banking and financial advisory services to the Company, Parent or entities that are affiliated with the Company or Parent, for which Piper Sandler would expect to receive compensation.
The below supplemental disclosure replaces footnote (3) to the table on page 43 of the Proxy Statement under the heading “The Merger— Management Projections”:

(3)          Unlevered Free Cash Flow is a non-GAAP financial measure that represents post tax          operating income, plus depreciation and amortization, (increase)/decrease in working          capital, less capital expenses. Unlevered Free Cash Flow for the years ended December          31, 2019, 2020 and 2021 was not part of the presentation to the Board of Directors on February 27, 2022.  Unlevered Cash Flow was calculated as follows:

   
Historical Information
    
Management Projections
  
($ in millions)
    
2019A

   
2020A

   
2021A

   
2022P

   
2023P

   
2024P

   
2025P

   
2026P

Total Operating Income
  
$
(2
)
  
$
(3
)
  
$
0
    
$
5
    
$
8
    
$
11
    
$
15
    
$
21
  
Income Tax Expense
    
(0
)
    
(0
)
    
(0
)
    
(0
)
    
(0
)
    
(0
)
    
(0
)
    
(0
)
Post-tax Operating Income
  
$
(2
)
  
$
(3
)
  
$
0
    
$
5
    
$
7
    
$
11
    
$
14
    
$
20
  
Depreciation & Amortization
    
3
      
5
      
5
      
6
      
7
      
8
      
8
      
9
  
Other
    
-
      
-
      
-
      
-
      
-
      
-
      
-
      
-
  
(Inc.)/ Dec. in Working Capital
    
(5
)
    
0
      
(7
)
    
3
      
(11
)
    
(3
)
    
(2
)
    
(4
)
Capital Expenditures
    
(5
)
    
(4
)
    
(3
)
    
(6
)
    
(7
)
    
(8
)
    
(9
)
    
(10
)
Unlevered Free Cash Flow
  
$
(9
)
  
$
(2
)
  
$
(3
)
  
$
8
    
$
(3
)
  
$
8
    
$
12
    
$
15
  

The below supplemental disclosure replaces the disclosure on page 44 of the Proxy Statement under the heading “The Merger—Interests of Directors and Executive Officers in the Merger—Rollover Agreement”:

IIN Holdings, the Company and the directors and officers listed below, referred to as the “Rollover Shareholders,” entered into the Rollover Agreement, pursuant to which immediately prior to the Effective Time, the Rollover Shareholders will contribute to IIN Holdings the number of shares of Intricon common stock listed below, referred to as the “Rollover Shares,” and, in exchange for such Rollover Shares, IIN Holdings will issue to the Rollover Shareholders the number of Class A units of IIN Holdings set forth below.

 
Name/Title of Rollover Shareholder
  
Number of
Rollover
Shares
    
Value of Rollover
Shares Based on Per-
Share Merger
Consideration
    
Number of Class A
Units to be Issued for
Rollover Shares
    
Value of Class A
Units to be
Issued for the
Rollover Shares
  
Scott Longval, President, Chief Executive Officer and a Director
    
20,619
    
$
500,011
      
500,011
    
$
500,011
  
Michael P. Geraci, Senior Vice President, Sales and Marketing
    
4,124
    
$
100,007
      
100,007
    
$
100,007
  
Mark Gorder, Director
    
103,093
    
$
2,500,005
      
2,500,005
    
$
2,500,005
  
Doug Pletcher, Vice President, Medical and Business Development
    
4,124
    
$
100,007
      
100,007
    
$
100,007
  
Philip I. Smith, Chairman of the Board of Directors
    
4,124
    
$
100,007
      
100,007
    
$
100,007
  
Total
    
136,084
    
$
3,300,037
      
3,300,037
    
$
3,300,037
  

The below supplemental disclosure replaces footnote (1) to the table on page 49 of the Proxy Statement under the heading “The Merger—Interests of Directors and Executive Officers in the Merger—Equity Interests of Intricon’s Executive Officers and Non-Employee Directors”:

(1)          Represents shares of Intricon common stock beneficially owned, including shares issuable under Company RSUs that will vest on or prior to May 24, 2022, less in the case of executive officers, an estimated number of shares withheld to satisfy tax withholding obligations, but excluding shares issuable upon exercise of Company Options or RSUs that vest after May 24, 2022. In the case of Messrs. Longval, Geraci, Gorder and Smith, also includes the value of Rollover Shares. In the case of Mr. Gorder, includes 5,000 shares owned by his spouse, as to which Mr. Gorder disclaims beneficial ownership.
The below supplemental disclosure replaces the second full paragraph on page 58 of the Proxy Statement under the heading “Proposal 1: Approval and Adoption of the Merger Agreement and Approval of the Merger—Per-Share Merger Consideration—Intricon Common Stock”:

Intricon and certain members of Intricon’s management, or “Rollover Shareholders” entered into an agreement, referred to as the “Rollover Agreement”, with IIN Holdings, an affiliate of Parent, providing for the contribution, immediately prior to the Effective Time, of an aggregate of 136,084 shares of Intricon common stock held by the Rollover Shareholders (the aggregate amount of such shares to be contributed referred to as “Rollover Shares”) to IIN Holdings, in exchange for equity interests in IIN Holdings. At the Effective Time, the Rollover Shares will cease to have any rights, except for the rights to receive such equity interests in IIN Holdings specified in the Rollover Agreement. See “The Merger—Interests of Intricon’s Directors and Executive Officers in the Merger—Rollover Agreement” for further information.

Additional Information and Where to Find It

In connection with the proposed Merger, the Company filed the Proxy Statement with the SEC and sent the Proxy Statement to Intricon shareholders of record as of April 12, 2022, as supplemented by the Supplement.  Intricon may also file other documents with the SEC regarding the proposed Merger.  This document is not a substitute for the Proxy Statement or any other document which Intricon may file with the SEC. SHAREHOLDERS ARE ADVISED TO READ THE PROXY STATEMENT AND THE SUPPLEMENT, AND ANY OTHER DOCUMENTS FILED OR TO BE FILED WITH THE SEC, CAREFULLY AND IN THEIR ENTIRETY, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER AND RELATED MATTERS.  Shareholders may obtain a free copy of the Proxy Statement, the Supplement  and any amendments or supplements thereto and other documents filed by Intricon, once such documents are filed with the SEC, at the SEC’s Web site at http://www.sec.gov. The Proxy Statement, the Supplement and such other documents may also be obtained for free from Intricon by directing such request to Intricon at 1260 Red Fox Road, Arden Hills, Minnesota, 55112, Attention: Scott Longval, telephone: 651-636-9770.

Participants in the Solicitation

Intricon and its directors, executive officers and other members of its management and employees may be deemed to be participants in the solicitation of proxies from its shareholders in connection with the proposed Merger. A list of the names of such directors and executive officers and information concerning their ownership of Intricon’s common stock is set forth in Intricon’s Proxy Statement. Additional information about the direct or indirect interests, by security holdings or otherwise, of those participants may be included in other documents filed with the SEC regarding the proposed Merger, if and when they become available. Free copies of these materials may be obtained as described in the preceding paragraph.

Forward-Looking Statements

Statements made in this Current Report on Form 8-K that are not historical facts or that include forward-looking terminology, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict and many of which are beyond the Company’s control, which could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the failure to obtain the required votes of Intricon’s shareholders; the timing to consummate the proposed Merger; the conditions to closing of the proposed Merger might not be satisfied or the closing of the proposed Merger otherwise does not occur; the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement, including in circumstances which would require Intricon to pay a termination fee; unanticipated difficulties or expenditures relating to the proposed Merger; the diversion of management time on Merger-related issues; expectations regarding regulatory approval of the proposed Merger; results of litigation, settlements and investigations; actions by third parties, including governmental agencies and including the response of customers, service providers and business partners to the announcement of the proposed Merger; global economic or political conditions, including the outbreak of escalation of hostilities; adverse industry conditions; and other economic, business, or competitive factors. These risks, uncertainties and other factors are detailed from time to time in the Company’s filings with the SEC, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 and the Proxy Statement. Intricon can give no assurance that the expectations expressed or implied in the forward-looking statements contained herein will be attained. The forward-looking statements are made as of the date of this Current Report on Form 8-K, and Intricon disclaims any intent or obligation to publicly update or revise any forward-looking statements, regardless of whether new information becomes available, future developments occur or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.
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 hereunto duly authorized.
 
 
INTRICON CORPORATION
 
 
 
 
By:
/s/ Scott Longval
 
Name:
Scott Longval
 
Title:
President and Chief Executive Officer
 
 
 
Date: May 18, 2022
 
 
 

 EX-101.SCH 2 iin-20220518.xsd XBRL TAXONOMY EXTENSION SCHEMA 000100 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 3 iin-20220518_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Document Type Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Amendment Flag Document Fiscal Year Focus Document Fiscal Period Focus Document Period End Date Entity Registrant Name Entity Central Index Key Entity File Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Emerging Growth Company Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code City Area Code Local Phone Number Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name EX-101.PRE 4 iin-20220518_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 5 R1.htm IDEA: XBRL DOCUMENT v3.22.1
Document and Entity Information
May 18, 2022
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date May 18, 2022
Entity Registrant Name INTRICON CORPORATION
Entity Incorporation, State or Country Code PA
Entity File Number 1-5005
Entity Tax Identification Number 23-1069060
Entity Address, Address Line One 1260 Red Fox Road
Entity Address, City or Town Arden Hills
Entity Address, State or Province MN
Entity Address, Postal Zip Code 55112
City Area Code 651
Local Phone Number 636-9770
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Entity Central Index Key 0000088790
Title of 12(b) Security Common stock, par value $1.00 per share
Trading Symbol IIN
Security Exchange Name NASDAQ
XML 6 ny20003464x4_8k_htm.xml IDEA: XBRL DOCUMENT 0000088790 2022-05-18 2022-05-18 false 0000088790 8-K 2022-05-18 INTRICON CORPORATION PA 1-5005 23-1069060 1260 Red Fox Road Arden Hills MN 55112 651 636-9770 false false false false Common stock, par value $1.00 per share IIN NASDAQ false EXCEL 7 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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

8(23I>G8#%&AWIIU>"%N )K;E2G* M?]\C0VQV:X[97,1?.J\?G2.]ENCOI'K56\X-V<=1H@>-K3'I1\?1P9;'3-_) ME"?P9"U5S Q.Y;MN)F4@:PWY^;Z:&?9F92"1\IHC.XIBI MPP./Y&[0H(WW&W.QV1I[PQGV4[;A"V[^2&<*KIQ")10Q3[20"5%\/6B,Z,<' MKVD#\A9_"K[39^?$=F4EY:N]\,-!P[5$/.*!L1(,#F]\S*/(*@''OR?11O%. M&WA^_J[^G'<>.K-BFH]E]%6$9CMH=!LDY&N6168N=Y_XJ4,MJQ?(2.?_R>[8 MMMELD"#31L:G8""(17(\LOTI$>33 B<1696$4/!409X:/,L@@R8:P)"1/B1'F0/SD6&W(6M\Q\!+;U E. M@@]'0>^"X L[$-J](9[K>=]&.X!6\'D%GY?+W5^0&\LWKLC?HY4V"BKX#R)Y M7TC>YY+-NBXO#RFOZB >WKW]C$ T"X@FJC("@C"G>([8IHH"CU^S2'.$HU5P MM*Y+QHPK(>T0" D,I,J\X$JGPO_TX4--Z=L%6AL5/(W&.=\(6WQ@G+"X$@S7 M\2?+N3^>3LAX.I]-YZ.E/YT@>)T"KW,-GI\$4J52Y=/EABP,)(](1<8R2XPZ MP#&L9,;%9R.$L%L0=J\A?!81)Y,L7G%5!8)KT-N6Z[80F%X!T[L&9LGVQ ]A MP(FU"/*<(6BXHG=_2]UVSVV["!YU2R-TKP$*5A4^^' M\(H9,5/R321!=2)QS1=LPM+2^"ENW=^CS:0V+")_B?3B-*U1;+4HQ;R.EM\# MBAMZ7L41+*PNH^ "[1;%0,H/ L5]_(L,(">SK4PPUZ@1:=^W;WN=#CHSR^\ MQ0W\JQ+&P!@=RSC.DI-MZ$HJ7*CNHTE+[Z>X/R]D) )A1+(A+S"\E6!1)0^N M4LM3.CW%;7JF^&T Z>$POXYK&UA>P,)INEY?J!^N5TM6VC[%7?I_9+[6&9#5 M N*R=8!>Z?O>5;[_%'.UL?7\#13,U@ZVE"6'*K0:P5JTTNF]JYQ^#&E3,"=] MR-B>?.;54+B4:_^ZW4X/FY+>V:H<-^2E,+"HD&M"O5]6OY(%#S*8I-5@N)*= MU+ (@(U.\'I#4J;(&XLR3GZF=ZY+4A@B>LL4FL_2_SW*A;;$BT.\DI43 MMD; ][$/D5>:O8=[]7N^R-,^V+)DPR\N;6N$)J/%X^CW*B;G;$]H]]6QEO%DN7/ZZZ>S;"=I=67= MA['-HN6/O.-%Q[I#)6 M,>=56R=M8SDK6W!2,EG>W&2)8D+38JT[=:=<2PZFTVY#;VA2K"NCSY:4!H-? MRA0GCTQNZ)9)L;=B6,N4D*=@7H+A8*2QQ'DJ?$,78&F? KP(&K XU7=>&18/QA<0&>7=J?$,:\M.B^4M M/3L,/S[)WMB2VSG-@DZF8BUY!72LJ(_PZTR3 .B<45XH!:N-9@.'R6,4?-@# ME_(!6OBMNHK=5R3TXE,);2"PU4GTA$8QA D*Q+^,%F)?A+W]K;"D$8_&?>S\ M;O2@?^^,X_>65Z(?]+Z:\V/1%WATUC3R]$&*6BL>]O[+"8LUF_S(T5CQY+/! MI!R\@5M*'KEUXG!I^6%9L^.]FZ:IKW#.RW^0\Y^M<\TUMTQ>DO:C_S=7^2V, MD_'T7!S1JP,Z6PEY7>>9 ]IV03NA1.XJRY/K%.?7A'=O["_PJOE]? M\HIUTNUF<$//\A=>BD[E\ZI[J,NXZBQ_AOMHD M\%G'!QR>(W?#$T%^@2O M&+(=/EB>N$_NG_A.\SQ-LPRKZ'8;9;#%ZI9E\!>/AG$##RP/9'I;K?%NXQ/R M^AQ@/7UM0K"=XI.([12O-2#QNH%'GL>[C>4!#ZP+V.Q _G@>F*FX3YI"5S%N MV G&D3S'$)C%^(QF&5*=##[Q_F"G)$WS/(X %F>0IA@"IQ%', ; 4/2='@/ M/GL?)=-[*CG_5U/\!%!+ P04 " "(@+)4EXJ[', 3 @ "P %]R M96QS+RYR96QSG9*Y;L,P#$!_Q=">, ?0(8@S9?$6!/D!5J(/V!(%BD6=OZ_: MI7&0"QEY/3P2W!YI0.TXI+:+J1C]$%)I6M6X 4BV)8]ISI%"KM0L'C6'TD!$ MVV-#L%HL/D N&6:WO606IW.D5XA-/E_G;@2=&A(E@6FD7)TZ(=I7\=Q_:0T^FO8R*T>EOH M^7%H5 J.W&,EC'%BM/XU@LD/['X 4$L#!!0 ( (B LE0<.&7J/P$ #P" M / >&PO=V]R:V)O;VLN>&ULC5'+;L) #/R5U7Y $U"+5$2XE#Z0JA:5 MBON2=8C%/B*O RU?7R=15*1>>O)Z;(UG9A?G2,=]C$?UY5U(A:Z9FWF6I;(& M;])-;"#(I(KD#4M+ARPU!,:F&H"]RZ9Y/LN\P:"7BY%K0]EU$QE*QA@$[( = MPCG]SKM6G3#A'AWR=Z'[MP.M/ ;T> %;Z%RK5,?S2R2\Q,#&;4N*SA5Z,@QV M0(SE'WC;B?PT^]0C;/8?1H04>I8+8864N-_H^8UH/($L#UW+\0D= ZT,PS/% MML%PZ&C$179EH\]AK$.(<_I/C+&JL(15+%L/@8<<"5PG,*0:FZ15,!X*/:XH M$ZQZ#"PAJ748J&2WEYIK=WDWM)J'7N0;#W\!J-'[IFBG#S^ M0W1UW6E\./VR./ /,+Q=Z*E%9"E*%1KD3,)HMC;!4N++3):BJ#(9BBJ6<%H@ MXLD@;6E6?;!/3K3G>1,)KM\,<'AT_@%02P,$% @ B("R5&60 M>9(9 0 SP, !, !;0V]N=&5N=%]4>7!E&ULK9--3L,P$(6O$F5; M)2XL6*"F&V +77 !8T\:J_Z39UK2VS-.VDJ@$A6%3:QXWKS/GI>LWH\1L.B= M]=B4'5%\% )5!TYB'2)XKK0A.4G\FK8B2K636Q#WR^6#4,$3>*HH>Y3KU3.T M.EY&TWP39G 8ED\C<+,:DH9HS5*$M?%P>L?E.I$J+EST&!G(BY84(JK MA%SY'7#J>SM 2D9#L9&)7J5CE>BM0#I:P'K:XLH90]L:!3JHO>.6&F,"J;$# M(&?KT70Q32:>,(S/N]G\P68*R,I-"A$YL01_QYTCR=U59"-(9*:O>"&R]>S[ M04Y;@[Z1S>/]#&DWY(%B6.;/^'O&%_\;SO$1PNZ_/[&\UDX:?^:+X3]>?P%0 M2P$"% ,4 " "(@+)4!T%-8H$ "Q $ @ $ M9&]C4')O<',O87!P+GAM;%!+ 0(4 Q0 ( (B LE3)6'4B[P "L" 1 M " :\ !D;V-0&UL4$L! A0#% @ B("R5*^YF!HX! 1! !@ M ("!#@@ 'AL+W=O7!E&UL4$L%!@ ) D */@( -P3 $! end XML 8 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 9 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 10 FilingSummary.xml IDEA: XBRL DOCUMENT 3.22.1 html 1 22 1 false 0 0 false 0 false false R1.htm 000100 - Document - Document and Entity Information Sheet http://intricon.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false All Reports Book All Reports ny20003464x4_8k.htm iin-20220518.xsd iin-20220518_lab.xml iin-20220518_pre.xml http://xbrl.sec.gov/dei/2021 true false JSON 12 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "ny20003464x4_8k.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "inline": { "local": [ "ny20003464x4_8k.htm" ] }, "labelLink": { "local": [ "iin-20220518_lab.xml" ] }, "presentationLink": { "local": [ "iin-20220518_pre.xml" ] }, "schema": { "local": [ "iin-20220518.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2004/ref-2004-08-10.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-roles-2021-01-31.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-types-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-roles-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-types-2021-01-31.xsd", "https://xbrl.sec.gov/country/2021/country-2021.xsd", "https://xbrl.sec.gov/currency/2021/currency-2021.xsd", "https://xbrl.sec.gov/dei/2021/dei-2021.xsd", "https://xbrl.sec.gov/exch/2021/exch-2021.xsd", "https://xbrl.sec.gov/naics/2021/naics-2021.xsd", "https://xbrl.sec.gov/sic/2021/sic-2021.xsd", "https://xbrl.sec.gov/stpr/2021/stpr-2021.xsd" ] } }, "elementCount": 29, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2021": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 22, "memberCustom": 0, "memberStandard": 0, "nsprefix": "iin", "nsuri": "http://intricon.com/20220518", "report": { "R1": { "firstAnchor": { "ancestors": [ "div", "div", "body", "html" ], "baseRef": "ny20003464x4_8k.htm", "contextRef": "c20220518to20220518", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "000100 - Document - Document and Entity Information", "role": "http://intricon.com/role/DocumentAndEntityInformation", "shortName": "Document and Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "div", "div", "body", "html" ], "baseRef": "ny20003464x4_8k.htm", "contextRef": "c20220518to20220518", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2021", "xbrltype": "stringItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine3": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 3 such as an Office Park", "label": "Entity Address, Address Line Three" } } }, "localname": "EntityAddressAddressLine3", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCountry": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "ISO 3166-1 alpha-2 country code.", "label": "Entity Address, Country" } } }, "localname": "EntityAddressCountry", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "countryCodeItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_NoTradingSymbolFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a security having no trading symbol.", "label": "No Trading Symbol Flag" } } }, "localname": "NoTradingSymbolFlag", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://intricon.com/role/DocumentAndEntityInformation" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } ZIP 13 0001140361-22-019777-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001140361-22-019777-xbrl.zip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end