Welcome to our dedicated page for WiSA Technologies news (Ticker: $WISA), a resource for investors and traders seeking the latest updates and insights on WiSA Technologies stock.
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.
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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.
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End-of-Day
-13.42%
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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.
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-20.21%
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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.
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End-of-Day
-6%
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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.
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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.
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WiSA Technologies, Inc. announces a public offering of 153,840,000 units, each consisting of one share of common stock and one warrant, for gross proceeds of approximately $10.0 million. The offering price per unit is $0.065, with warrants exercisable at $0.065 and expiring five years from stockholder approval.
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Rhea-AI Sentiment
End-of-Day
-37.5%
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WiSA Technologies, Inc. (NASDAQ: WISA) receives positive market response for its software-based multichannel audio technology, WiSA E, showcased at CES. The software's scalability and embeddability open new product categories and business models, with demonstrations including low-cost Android streaming media stick, set-top boxes, HDTVs, and mobile devices. The company has also announced 3 leading display companies signing a 5-year WiSA E license.
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-10%
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WiSA Technologies, Inc. (NASDAQ: WISA) is set to enter the set-top box market with its WiSA E software, expected to generate revenue in 2024. The software transmitter allows for wireless multichannel audio functionality at a nominal cost, offering advantages for both manufacturers and consumers. The company anticipates a cost-effective model for offering immersive multichannel audio to consumers through streaming media devices.
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WiSA Technologies, Inc. (NASDAQ: WISA) secures a 5-year WiSA E licensing deal with a top 5 HDTV brand, allowing the licensee to incorporate WiSA E wireless immersive audio transmitter technology across its platforms. This marks the third display licensee of WiSA E software and is expected to expand into other A/V categories. The positive market reaction to the software and enthusiasm for the licensing model has been extraordinary.
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WiSA Technologies, Inc. (NASDAQ: WISA) to participate in Sequire Investor Summit 2024, presenting wireless audio technology for intelligent devices and home entertainment systems.
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WiSA Technologies, Inc.
Nasdaq:WISA
WISA Rankings
WISA Stock Data
11.22M
204.33M
10.09%
0.08%
1.65%
Semiconductor and Related Device Manufacturing
Manufacturing
United States of America
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.