SEMICAB HOLDINGS, LLC announced that will enter into an operating agreement with new investor, The Singing Machine Company, Inc. for gross proceed of $1,000,000 and have an 80% membership interest in the company on June 11, 2024. The Singing Machine Company, Inc. will make additional contributions into SemiCab, LLC as per certain milestones set forth in the Operating Agreement. These additional contributions are in addition to any other capital contributions that the Company may make, along with other members, in proportion to its membership interest, that are reasonably necessary to any operating, capital, or other expenses relating to the business of SemiCab, LLC.