[SCHEDULE 13D/A] WiSA Technologies, Inc. SEC Filing
Datavault AI Inc. Schedule 13D Amendment No. 3 updates beneficial ownership and discloses transactions among the reporting persons. The filing reports that EOS Technology Holdings Inc. transferred 110,909 shares to a consultant under a consulting agreement and that EOS converted $3,200,000 of a $10,000,000 convertible promissory note into 10,000,000 shares at $0.32 per share pursuant to an amendment that waived the note's floor price.
The amendment restates ownership based on 116,701,378 shares outstanding: Nathaniel Bradley beneficially owns 19,700,790 shares (16.9%), Sonia Choi beneficially owns 7,411,788 shares (6.4%), and EOS beneficially owns 12,289,002 shares (10.5%). The amendment adds the convertible note amendment and conversion agreement as an exhibit.
Datavault AI Inc. L'emendamento n. 3 al Schedule 13D aggiorna la titolarità effettiva e rende note operazioni tra le persone segnalanti. Il documento dichiara che EOS Technology Holdings Inc. ha trasferito 110.909 azioni a un consulente nell'ambito di un accordo di consulenza e che EOS ha convertito 3.200.000 USD di un'obbligazione convertibile da 10.000.000 USD in 10.000.000 azioni a 0,32 USD per azione, ai sensi di un emendamento che ha eliminato il prezzo minimo previsto dalla nota.
L'emendamento ricalcola la partecipazione sulla base di 116.701.378 azioni in circolazione: Nathaniel Bradley detiene beneficiariamente 19.700.790 azioni (16,9%), Sonia Choi detiene beneficiariamente 7.411.788 azioni (6,4%) ed EOS detiene beneficiariamente 12.289.002 azioni (10,5%). L'emendamento allega inoltre l'emendamento alla nota convertibile e l'accordo di conversione come exhibit.
Datavault AI Inc. La Enmienda N.º 3 al Schedule 13D actualiza la propiedad beneficiaria y revela transacciones entre las personas que informan. El documento informa que EOS Technology Holdings Inc. transfirió 110.909 acciones a un consultor en virtud de un contrato de consultoría y que EOS convirtió 3.200.000 USD de un pagaré convertible de 10.000.000 USD en 10.000.000 acciones a 0,32 USD por acción, conforme a una enmienda que eliminó el precio mínimo del pagaré.
La enmienda recalcula la propiedad sobre 116.701.378 acciones en circulación: Nathaniel Bradley posee beneficiariamente 19.700.790 acciones (16,9%), Sonia Choi posee beneficiariamente 7.411.788 acciones (6,4%) y EOS posee beneficiariamente 12.289.002 acciones (10,5%). La enmienda añade el enmienda al pagaré convertible y el acuerdo de conversión como un exhibit.
Datavault AI Inc. Schedule 13D 수정서 제3호는 실질 보유를 갱신하고 보고자들 간의 거래를 공시합니다. 제출서류에 따르면 EOS Technology Holdings Inc.는 컨설팅 계약에 따라 컨설턴트에게 110,909주를 양도했으며, EOS는 1,000만 달러 규모의 전환사채 중 320만 달러를 전환하여 수정으로 인한 최저가 조항 면제로 주당 0.32달러에 10,000,000주를 발행했습니다.
수정서는 총 발행주식 116,701,378주를 기준으로 소유를 재진술합니다: Nathaniel Bradley는 실질적으로 19,700,790주(16.9%)를, Sonia Choi는 7,411,788주(6.4%)를, EOS는 12,289,002주(10.5%)를 보유하고 있습니다. 수정서에는 전환사채 수정안 및 전환계약서가 증빙서류(exhibit)로 추가되었습니다.
Datavault AI Inc. L'amendement n°3 au Schedule 13D met à jour la détention bénéficiaire et révèle des transactions entre les personnes déclarante. Le dépôt indique que EOS Technology Holdings Inc. a transféré 110 909 actions à un consultant dans le cadre d'un contrat de conseil et qu'EOS a converti 3 200 000 USD d'un billet convertible de 10 000 000 USD en 10 000 000 d'actions à 0,32 USD par action, conformément à un amendement ayant levé le prix plancher du billet.
L'amendement rétablit la détention sur la base de 116 701 378 actions en circulation : Nathaniel Bradley détient bénéficiairement 19 700 790 actions (16,9 %), Sonia Choi détient bénéficiairement 7 411 788 actions (6,4 %) et EOS détient bénéficiairement 12 289 002 actions (10,5 %). L'amendement ajoute également l'amendement du billet convertible et l'accord de conversion en tant qu'exhibit.
Datavault AI Inc. Nachtrag Nr. 3 zum Schedule 13D aktualisiert die wirtschaftliche Eigentümerschaft und legt Transaktionen zwischen den meldenden Personen offen. Die Einreichung berichtet, dass EOS Technology Holdings Inc. 110.909 Aktien an einen Berater im Rahmen eines Beratungsvertrags übertragen hat und dass EOS 3.200.000 USD einer 10.000.000 USD Wandelanleihe in 10.000.000 Aktien zu je 0,32 USD umgewandelt hat, gemäß einer Änderung, die den Mindestpreis der Anleihe aufgehoben hat.
Der Nachtrag stellt die Besitzverhältnisse auf Basis von 116.701.378 ausstehenden Aktien neu dar: Nathaniel Bradley hält wirtschaftlich 19.700.790 Aktien (16,9 %), Sonia Choi hält wirtschaftlich 7.411.788 Aktien (6,4 %) und EOS hält wirtschaftlich 12.289.002 Aktien (10,5 %). Außerdem wird der Nachtrag die Änderung der Wandelanleihe und den Umwandlungsvertrag als Exhibit beigefügt.
- Transparent disclosure of the EOS Note Amendment and conversion agreement as an exhibit
- Updated ownership figures based on a clear outstanding share count of 116,701,378
- Converted debt to equity (EOS converted $3,200,000 into 10,000,000 shares), reducing promissory note balance
- Material dilution from issuance of 10,000,000 shares, which affects existing shareholders' percentage ownership
- Waiver of note floor price allowed conversion at $0.32, potentially unfavorable to other shareholders
- Related-party transfers include 110,909 shares transferred to a consultant by EOS, indicating insider-related share movements
Insights
TL;DR: EOS converted $3.2M of a $10M note into 10M shares at $0.32, and transferred 110,909 shares under a consulting agreement.
The filing documents a material equity issuance resulting from a note conversion that increased EOS's direct share count by 10,000,000 shares and updated ownership percentages using 116,701,378 shares outstanding. The conversion price of $0.32 and the explicit waiver of the note's floor price are central facts for assessing dilution and cap table changes. The transfer of 110,909 shares to a consultant is disclosed but small relative to total outstanding shares. The inclusion of the Convertible Promissory Note Amendment as an exhibit provides primary source detail for investors and analysts.
TL;DR: Amendment clarifies related-party holdings and documents a significant conversion and a consultant share transfer.
The amendment restates beneficial ownership for the reporting persons and clarifies relationships (spouse, CEO, and entity affiliations). It records an equity issuance via conversion and a consultant transfer, and attaches the conversion agreement as an exhibit for transparency. The filing does not disclose any additional governance actions or new voting arrangements beyond updated share counts.
Datavault AI Inc. L'emendamento n. 3 al Schedule 13D aggiorna la titolarità effettiva e rende note operazioni tra le persone segnalanti. Il documento dichiara che EOS Technology Holdings Inc. ha trasferito 110.909 azioni a un consulente nell'ambito di un accordo di consulenza e che EOS ha convertito 3.200.000 USD di un'obbligazione convertibile da 10.000.000 USD in 10.000.000 azioni a 0,32 USD per azione, ai sensi di un emendamento che ha eliminato il prezzo minimo previsto dalla nota.
L'emendamento ricalcola la partecipazione sulla base di 116.701.378 azioni in circolazione: Nathaniel Bradley detiene beneficiariamente 19.700.790 azioni (16,9%), Sonia Choi detiene beneficiariamente 7.411.788 azioni (6,4%) ed EOS detiene beneficiariamente 12.289.002 azioni (10,5%). L'emendamento allega inoltre l'emendamento alla nota convertibile e l'accordo di conversione come exhibit.
Datavault AI Inc. La Enmienda N.º 3 al Schedule 13D actualiza la propiedad beneficiaria y revela transacciones entre las personas que informan. El documento informa que EOS Technology Holdings Inc. transfirió 110.909 acciones a un consultor en virtud de un contrato de consultoría y que EOS convirtió 3.200.000 USD de un pagaré convertible de 10.000.000 USD en 10.000.000 acciones a 0,32 USD por acción, conforme a una enmienda que eliminó el precio mínimo del pagaré.
La enmienda recalcula la propiedad sobre 116.701.378 acciones en circulación: Nathaniel Bradley posee beneficiariamente 19.700.790 acciones (16,9%), Sonia Choi posee beneficiariamente 7.411.788 acciones (6,4%) y EOS posee beneficiariamente 12.289.002 acciones (10,5%). La enmienda añade el enmienda al pagaré convertible y el acuerdo de conversión como un exhibit.
Datavault AI Inc. Schedule 13D 수정서 제3호는 실질 보유를 갱신하고 보고자들 간의 거래를 공시합니다. 제출서류에 따르면 EOS Technology Holdings Inc.는 컨설팅 계약에 따라 컨설턴트에게 110,909주를 양도했으며, EOS는 1,000만 달러 규모의 전환사채 중 320만 달러를 전환하여 수정으로 인한 최저가 조항 면제로 주당 0.32달러에 10,000,000주를 발행했습니다.
수정서는 총 발행주식 116,701,378주를 기준으로 소유를 재진술합니다: Nathaniel Bradley는 실질적으로 19,700,790주(16.9%)를, Sonia Choi는 7,411,788주(6.4%)를, EOS는 12,289,002주(10.5%)를 보유하고 있습니다. 수정서에는 전환사채 수정안 및 전환계약서가 증빙서류(exhibit)로 추가되었습니다.
Datavault AI Inc. L'amendement n°3 au Schedule 13D met à jour la détention bénéficiaire et révèle des transactions entre les personnes déclarante. Le dépôt indique que EOS Technology Holdings Inc. a transféré 110 909 actions à un consultant dans le cadre d'un contrat de conseil et qu'EOS a converti 3 200 000 USD d'un billet convertible de 10 000 000 USD en 10 000 000 d'actions à 0,32 USD par action, conformément à un amendement ayant levé le prix plancher du billet.
L'amendement rétablit la détention sur la base de 116 701 378 actions en circulation : Nathaniel Bradley détient bénéficiairement 19 700 790 actions (16,9 %), Sonia Choi détient bénéficiairement 7 411 788 actions (6,4 %) et EOS détient bénéficiairement 12 289 002 actions (10,5 %). L'amendement ajoute également l'amendement du billet convertible et l'accord de conversion en tant qu'exhibit.
Datavault AI Inc. Nachtrag Nr. 3 zum Schedule 13D aktualisiert die wirtschaftliche Eigentümerschaft und legt Transaktionen zwischen den meldenden Personen offen. Die Einreichung berichtet, dass EOS Technology Holdings Inc. 110.909 Aktien an einen Berater im Rahmen eines Beratungsvertrags übertragen hat und dass EOS 3.200.000 USD einer 10.000.000 USD Wandelanleihe in 10.000.000 Aktien zu je 0,32 USD umgewandelt hat, gemäß einer Änderung, die den Mindestpreis der Anleihe aufgehoben hat.
Der Nachtrag stellt die Besitzverhältnisse auf Basis von 116.701.378 ausstehenden Aktien neu dar: Nathaniel Bradley hält wirtschaftlich 19.700.790 Aktien (16,9 %), Sonia Choi hält wirtschaftlich 7.411.788 Aktien (6,4 %) und EOS hält wirtschaftlich 12.289.002 Aktien (10,5 %). Außerdem wird der Nachtrag die Änderung der Wandelanleihe und den Umwandlungsvertrag als Exhibit beigefügt.