Wisa Tech Stock Price, News & Analysis

Platin Audio has introduced its wireless surround sound system, Monaco 5.1.2, featuring up-firing speakers and Dolby Atmos technology. Displayed at B&H Photo Video in New York City, this system offers an immersive listening experience aimed at enhancing home audio. Priced at $1,499, it includes a promotional $200 discount for customers who participate in the demonstration before January 2, 2023. The Monaco system is WiSA HT Certified, ensuring compatibility with various smart devices for an easy setup.

WiSA Technologies (NASDAQ: WISA) has launched a new app allowing users of WiSA-enabled devices to control their multichannel audio experience via smartphones. The app supports various devices, including smart TVs and soundbars, and will expand to popular operating systems. Key features include setup guidance, preset audio modes, EQ controls, and comprehensive speaker management. The app is currently available for Android, with an iOS version set to debut in mid-December. The initiative aims to enhance user accessibility and control over immersive sound technologies.

WiSA Technologies, Inc. (Nasdaq: WISA) has successfully closed its public offering of 50.4 million units and 3.6 million pre-funded units at a price of $0.14 per unit, generating approximately $7.6 million in gross proceeds. Each unit comprises one share of common stock and two warrants, Series A and Series B, both exercisable at the same price. The offering was facilitated by Maxim Group LLC as the exclusive placement agent, and the securities were registered with the SEC under an effective registration statement. This capital raise is expected to support the company's growth in spatial audio technology.

WiSA Technologies (WISA) has announced a public offering of 50,400,000 units at $0.14 per unit, raising approximately $7.6 million in gross proceeds. Each unit consists of one share of common stock, a Series A warrant, and a Series B warrant, all exercisable at $0.14. The offering is expected to close on or about December 1, 2022. Maxim Group LLC is the placement agent for this offering, which is registered under the SEC's Form S-1. This financing aims to support WiSA's development in spatial audio wireless technology.

WiSA Technologies has announced a request to delay the filing of its Q3 2022 10-Q report, originally due for the quarter ending September 30, 2022. The delay is due to the company's ongoing exploration of strategic alternatives and is not linked to disputes with auditors. Consequently, the quarterly results conference call has been postponed to November 21, 2022. This decision reflects the company’s focus on potential strategic developments while maintaining transparency with shareholders.

WiSA Technologies, Inc. (NASDAQ: WISA), specializing in wireless sound technology for smart devices, will announce its Q3 2022 results on November 14, 2022, post-market. A conference call for shareholders to discuss these results will take place at 2:00 PM PT / 5:00 PM ET on the same day. Participants can join by calling 346-248-7799 with Meeting ID 95541920384 and passcode 395744. The call will also be available via live webcast on the company’s investor relations site, along with an audio archive for one week.

WiSA Technologies, Inc. (Nasdaq: WISA) is actively exploring strategic alternatives to enhance shareholder value. The Board has engaged AQ Technology Partners to assist in evaluating a range of options, including potential capital raising, asset sales, mergers, and licensing opportunities. Four companies have signed NDAs to consider transactions with WiSA. However, no definitive agreements are guaranteed, and outcomes may not meet expectations. The company will not disclose further developments until the evaluation process is completed or deemed appropriate.

WiSA Technologies, Inc. (NASDAQ: WISA) announced a new licensing program for its WiSA E software, aimed at enhancing audio experiences in HDTV platforms and speaker systems. By partnering with Amlogic and other IoT chip manufacturers, WiSA intends to offer affordable multichannel wireless audio options. The software will be showcased at CES 2023 and aims for production in 2023, promoting interoperability among audio devices. This initiative seeks to address consumer demand for high-quality audio while reducing costs associated with traditional audio systems.

WiSA Technologies, Inc. (WISA) announced its participation in the LD Micro Main Event XV from October 25-27, 2022, in Los Angeles, CA. The company will showcase Dolby Atmos and Dolby Atmos Music on its Platin Audio immersive speakers. President and CEO Brett Moyer is set to present on October 26 at 11:30 am PT and will host investor meetings on October 25 and 26. The event will feature demonstrations of Dolby Atmos compared to standard audio, with attendees eligible for discounts on Platin Monaco 5.1.2 products.