[D] WiSA Technologies, Inc. SEC Filing

Rhea-AI Filing Summary

WiSA Technologies (WISA) filed a Form D on 29-Jul-2025 for its subsidiary/affiliate Datavault AI Inc. The notice covers a new, Rule 506(b) exempt equity offering of up to 5 million common shares. No cash proceeds are expected; the shares will be issued in exchange for waivers previously granted by certain holders once stockholder approval is obtained.

Key details:

• Offering status: first sale has yet to occur; duration less than one year.
• Total offering, sold, and remaining amounts: all shown as $0 because issuance is non-cash.
• Securities offered: equity only; no debt or warrants.
• Issuer size: revenue and asset ranges “Decline to disclose.”
• No sales compensation: no broker-dealers or placement agents named; commissions and finder fees $0.
• Management: CEO Nathaniel Bradley, CFO Brett Moyer, plus nine directors.

The filing primarily signals potential share dilution once the 5 million shares are issued, but it does not raise capital or change cash balances.

Positive

• No cash outflow: shares issued for waivers, preserving liquidity.
• No placement fees: zero commissions or finder costs lowers transaction expense.

Negative

• Dilution risk: up to 5 million new shares will expand the float with no cash inflow.
• Lack of financial detail: issuer declined to disclose revenue/asset size, limiting transparency.

Insights

Financial Analyst

TL;DR: Rule 506(b) filing enables non-cash issuance of 5 M shares; neutral cash impact, dilution risk.

This Form D is procedural: WISA/Datavault seeks to issue 5 million new shares to existing holders in exchange for contractual waivers. Because no cash is raised and the holders are presumably accredited, the filing has minimal immediate balance-sheet impact. However, the share count will rise once approved, pressuring EPS and existing ownership percentages. Absence of commissions reduces transaction cost, and Rule 506(b) keeps disclosures private, limiting market visibility. Overall, the event is slightly dilutive but not financially transformative.

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities

OMB APPROVAL

OMB Number:			3235-0076
Estimated average burden
hours per response:			4.00

1. Issuer's Identity

CIK (Filer ID Number)

Previous Names

None

Entity Type

0001682149

WISA TECHNOLOGIES, INC.

Summit Wireless Technologies, Inc.

Summit Semiconductor Inc.

WiSA Technologies, Inc.

Summit Semiconductor Inc. SUMMIT SEMICONDUCTOR LLC

X	Corporation
	Limited Partnership
	Limited Liability Company
	General Partnership
	Business Trust
	Other (Specify)

Name of Issuer

Datavault AI Inc.

Jurisdiction of Incorporation/Organization

DELAWARE

Year of Incorporation/Organization

X	Over Five Years Ago
	Within Last Five Years (Specify Year)
	Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
Datavault AI Inc.
Street Address 1		Street Address 2
15268 NW GREENBRIER PRKWY
City	State/Province/Country	ZIP/PostalCode	Phone Number of Issuer
BEAVERTON	OREGON	97006	408-627-4716

3. Related Persons

Last Name	First Name	Middle Name
Moyer	Brett
Street Address 1	Street Address 2
15268 NW Greenbrier Prkwy
City	State/Province/Country	ZIP/PostalCode
Beaverton	OREGON	97006

Relationship: X Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Chief Financial Officer

Last Name	First Name	Middle Name
Bradley	Nathaniel
Street Address 1	Street Address 2
15268 NW Greenbrier Prkwy
City	State/Province/Country	ZIP/PostalCode
Beaverton	OREGON	97006

Relationship: X Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Chief Executive Officer

Last Name	First Name	Middle Name
Briskey	Kimberly
Street Address 1	Street Address 2
15268 NW Greenbrier Prkwy
City	State/Province/Country	ZIP/PostalCode
Beaverton	OREGON	97006

Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Last Name	First Name	Middle Name
Gilbert	Jeffrey	M.
Street Address 1	Street Address 2
15268 NW Greenbrier Prkwy
City	State/Province/Country	ZIP/PostalCode
Beaverton	OREGON	97006

Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Last Name	First Name	Middle Name
Howitt	David
Street Address 1	Street Address 2
15268 NW Greenbrier Prkwy
City	State/Province/Country	ZIP/PostalCode
Beaverton	OREGON	97006

Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Last Name	First Name	Middle Name
Kristensen	Helge
Street Address 1	Street Address 2
15268 NW Greenbrier Prkwy
City	State/Province/Country	ZIP/PostalCode
Beaverton	OREGON	97006

Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Last Name	First Name	Middle Name
Peruvemba	Sriram
Street Address 1	Street Address 2
15268 NW Greenbrier Prkwy
City	State/Province/Country	ZIP/PostalCode
Beaverton	OREGON	97006

Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Last Name	First Name	Middle Name
Tobias	Robert
Street Address 1	Street Address 2
15268 NW Greenbrier Prkwy
City	State/Province/Country	ZIP/PostalCode
Beaverton	OREGON	97006

Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):

Last Name	First Name	Middle Name
Wilson	Wendy
Street Address 1	Street Address 2
15268 NW Greenbrier Prkwy
City	State/Province/Country	ZIP/PostalCode
Beaverton	OREGON	97006

Relationship: Executive Officer X Director Promoter

Clarification of Response (if Necessary):

4. Industry Group

Agriculture

Banking & Financial Services

Commercial Banking

Insurance

Investing

Investment Banking

Pooled Investment Fund

Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?

Yes No

Other Banking & Financial Services

Business Services

Energy

Coal Mining

Electric Utilities

Energy Conservation

Environmental Services

Oil & Gas

Other Energy

	Health Care
	Biotechnology
	Health Insurance
	Hospitals & Physicians
	Pharmaceuticals
	Other Health Care
	Manufacturing
	Real Estate
	Commercial
	Construction
	REITS & Finance
	Residential
	Other Real Estate

Retailing

Restaurants

Technology

Computers

Telecommunications

X Other Technology

Travel

Airlines & Airports

Lodging & Conventions

Tourism & Travel Services

Other Travel

Other

5. Issuer Size

Revenue Range		OR	Aggregate Net Asset Value Range
	No Revenues			No Aggregate Net Asset Value
	$1 - $1,000,000			$1 - $5,000,000
	$1,000,001 - $5,000,000			$5,000,001 - $25,000,000
	$5,000,001 - $25,000,000			$25,000,001 - $50,000,000
	$25,000,001 - $100,000,000			$50,000,001 - $100,000,000
	Over $100,000,000			Over $100,000,000
X	Decline to Disclose			Decline to Disclose
	Not Applicable			Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

		Rule 504(b)(1) (not (i), (ii) or (iii))
		Rule 504 (b)(1)(i)
		Rule 504 (b)(1)(ii)
		Rule 504 (b)(1)(iii)
	X	Rule 506(b)
		Rule 506(c)
		Securities Act Section 4(a)(5)

Investment Company Act Section 3(c)

Section 3(c)(1) Section 3(c)(9)

Section 3(c)(2) Section 3(c)(10)

Section 3(c)(3) Section 3(c)(11)

Section 3(c)(4) Section 3(c)(12)

Section 3(c)(5) Section 3(c)(13)

Section 3(c)(6) Section 3(c)(14)

Section 3(c)(7)

7. Type of Filing

X	New Notice			Date of First Sale			X	First Sale Yet to Occur
	Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year? Yes X No

9. Type(s) of Securities Offered (select all that apply)

X	Equity		Pooled Investment Fund Interests
	Debt		Tenant-in-Common Securities
	Option, Warrant or Other Right to Acquire Another Security		Mineral Property Securities
	Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security		Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $0 USD

12. Sales Compensation

Recipient	Recipient CRD Number X None
(Associated) Broker or Dealer X None	(Associated) Broker or Dealer CRD Number X None
Street Address 1	Street Address 2
City	State/Province/Country	ZIP/Postal Code
State(s) of Solicitation (select all that apply) Check "All States" or check individual States All States	Foreign/non-US

13. Offering and Sales Amounts

Total Offering Amount	$0	USD	or Indefinite
Total Amount Sold	$0	USD
Total Remaining to be Sold	$0	USD	or Indefinite

Clarification of Response (if Necessary):

Pursuant to an agreement dated July 21, 2025, issuer agreed to issue a total of 5,000,000 shares of common stock to certain holders in exchange for waivers granted by such holders on the date the issuer receives stockholder approval for such issuance.

14. Investors

Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.

Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:

0

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions	$0	USD	Estimate
Finders' Fees	$0	USD	Estimate

Clarification of Response (if Necessary):

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$0

USD

Estimate

Clarification of Response (if Necessary):

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:

• Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*

• Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of: (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.

• Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer	Signature	Name of Signer	Title	Date
Datavault AI Inc.	/s/ Brett Moyer	Brett Moyer	Chief Financial Officer	2025-07-29

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.

FAQ

How many shares does WiSA Technologies plan to issue under this Form D?

The notice covers up to 5,000,000 shares of Datavault AI common stock.

Will WiSA (WISA) receive cash proceeds from this offering?

No. The shares are being issued in exchange for waivers; total offering amount is listed as $0.

Under which SEC exemption is the offering being made?

The company claimed Rule 506(b) of Regulation D.

When will the first sale occur?

The filing states "First sale yet to occur"; issuance will follow stockholder approval.

Does the filing involve any broker-dealers or sales commissions?

No. The company reported no associated brokers and $0 in commissions or finder fees.