STOCK TITAN

WiSA Technologies Inc - WISA STOCK NEWS

Welcome to our dedicated news page for WiSA Technologies (Ticker: WISA), a resource for investors and traders seeking the latest updates and insights on WiSA Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect WiSA Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of WiSA Technologies's position in the market.

Rhea-AI Summary

WiSA Technologies, Inc. issued a Letter to Shareholders discussing their innovative wireless audio technology for home entertainment systems. The company highlights their strong R&D foundation, industry recognition, continuous innovation, and the launch of WiSA E technology. They introduce the Propel program to drive revenue growth, profitability, industry leadership, and governance. Key proposals for shareholder approval include a Reverse Stock Split and issuance of shares upon exercise of warrants.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.1%
Tags
none
-
Rhea-AI Summary
WiSA Technologies, Inc. (NASDAQ: WISA) will be presenting at The Planet MicroCap Showcase in Las Vegas. CEO Brett Moyer will host 1:1 meetings and give a presentation on Wednesday, May 1, 2024. The event is scheduled from April 30 to May 2, 2024, at Paris Hotel & Casino. Investors can register online to request a meeting with the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-28.71%
Tags
conferences
-
Rhea-AI Summary
WiSA Technologies, Inc. (Nasdaq: WISA) has signed a game-changing WiSA E licensing agreement with a top-three consumer electronics leader. The agreement will allow the licensee to embed WiSA E's multichannel immersive audio functionality into their devices, eliminating the need for additional hardware. This move opens up a new revenue stream for WiSA through royalty payments on transmitting software. Production devices are expected in the market by the second half of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-36.32%
Tags
none
Rhea-AI Summary
WiSA Technologies, Inc. (Nasdaq: WISA) signs its fourth 5-year WiSA E licensing agreement with a major HDTV/PTV brand, showcasing rapid adoption of its immersive audio technology. The integration of WiSA E software into products allows for wireless immersive audio options and full interoperability with WiSA E-enabled speakers from various brands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
248.57%
Tags
none
-
Rhea-AI Summary
WiSA Technologies, Inc. (WISA) announces a 1-for-150 reverse stock split of its common stock, effective April 15, 2024, trading on Nasdaq Capital Market. Stockholders to receive instructions from VStock Transfer, for stock certificate exchange.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.29%
Tags
-
Rhea-AI Summary
WiSA Technologies, Inc. (WISA) announces a 1-for-150 reverse stock split to maintain Nasdaq listing. The company must meet bid price and equity requirements by 2024. The split aims to boost stock price for compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.42%
Tags
none
Rhea-AI Summary
WiSA Technologies, Inc. announces a securities purchase agreement with institutional investors for a registered direct offering, raising approximately $2.3 million. The offering includes the purchase of 76,676,478 shares of common stock and warrants at an offering price of $0.03 per share. The warrants will be exercisable at $0.04 per share upon stockholder approval.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.21%
Tags
-
Rhea-AI Summary
WiSA Technologies, Inc. announces new features in WiSA E software stack to reduce integration costs for manufacturers. The company also provides a financial update for full year 2023, expecting revenue of $1.9-2.1 million and a net loss of $17.7-19.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6%
Tags
none
-
Rhea-AI Summary
KlaymanToskes offers recovery options for WiSA investors as the stock declined by 99% in the past year. WiSA is a high-risk, illiquid investment facing financial instability, with a negative ROIC of -1,461.43% since inception. The company needs to raise funds through equity or debt due to revenue issues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
WiSA Technologies, Inc. (WISA) announces the closing of a public offering, raising approximately $10.0 million through the sale of 153,840,000 units at $0.065 per unit. Each unit consists of one share of common stock and one warrant. The warrants will be exercisable at $0.065 and will expire five years from stockholder approval. Maxim Group LLC acted as the sole placement agent for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
WiSA Technologies Inc

Nasdaq:WISA

WISA Rankings

WISA Stock Data

26.79k
204.33M
10.09%
0.08%
1.65%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States
Beaverton

About WISA

summit semiconductor, llc. is a successful fabless semiconductor company developing wireless audio integrated circuits for home entertainment and pro-audio markets. its award-winning summit wireless™ technology is the leading integrated circuit solution enabling audio systems to distribute high-definition, distortion-free audio with ease. summit wireless transmit technology is designed to be integrated into audio decode sources such as digital televisions, sound bars, pa systems, av receivers, blu-ray players, set-top boxes, and gaming systems that transmit multi-channel audio to home theater or pro-audio speakers with summit receive technology integrated. summit semiconductor is headquartered beaverton, or, usa, with offices in san jose, ca, taiwan, korea and japan co-founder of the wireless speaker and audio association "wisa" standard for interoperability.