WISA TECHNOLOGIES, INC. Files 8-K
Ticker: DVLT · Form: 8-K · Filed: Nov 18, 2024 · CIK: 1682149
Sentiment: neutral
Topics: filing, sec
TL;DR
WISA filed an 8-K, likely containing important updates. Check for details.
AI Summary
On November 15, 2024, WISA TECHNOLOGIES, INC. filed an 8-K report. The filing primarily concerns Regulation FD Disclosure and Financial Statements and Exhibits. No specific financial figures or material events were detailed in the provided text excerpt.
Why It Matters
This 8-K filing indicates that WISA TECHNOLOGIES, INC. is providing updates or disclosures to the SEC, which could contain material information for investors.
Risk Assessment
Risk Level: low — The provided text is a standard 8-K filing header and does not contain specific material events or financial data that would indicate a high-risk situation.
Key Players & Entities
- WISA TECHNOLOGIES, INC. (company) — Registrant
- Summit Wireless Technologies, Inc. (company) — Former company name
- Summit Semiconductor Inc. (company) — Former company name
- November 15, 2024 (date) — Date of earliest event reported
FAQ
What is the primary purpose of this 8-K filing for WISA TECHNOLOGIES, INC.?
The filing is for Regulation FD Disclosure and Financial Statements and Exhibits, as indicated by the form type and item information.
When was the earliest event reported in this filing?
The earliest event reported is dated November 15, 2024.
What is the state of incorporation for WISA TECHNOLOGIES, INC.?
WISA TECHNOLOGIES, INC. is incorporated in Delaware.
What is the business address of WISA TECHNOLOGIES, INC.?
The business address is 15268 NW Greenbrier Pkwy, Beaverton, OR 97006.
Has WISA TECHNOLOGIES, INC. operated under previous names?
Yes, the company was formerly known as Summit Wireless Technologies, Inc. and Summit Semiconductor Inc.
Filing Stats: 1,448 words · 6 min read · ~5 pages · Grade level 15.3 · Accepted 2024-11-15 20:52:17
Key Financial Figures
- $0.0001 — h registered Common Stock, par value $0.0001 per share WISA The Nasdaq Capital M
Filing Documents
- tm2428656d1_8k.htm (8-K) — 34KB
- tm2428656d1_ex99-1.htm (EX-99.1) — 44KB
- 0001104659-24-119836.txt ( ) — 264KB
- wisa-20241115.xsd (EX-101.SCH) — 3KB
- wisa-20241115_lab.xml (EX-101.LAB) — 33KB
- wisa-20241115_pre.xml (EX-101.PRE) — 22KB
- tm2428656d1_8k_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On November 15, 2024, WiSA Technologies, Inc. (the "Company" or "WiSA") hosted a conference call to deliver to the Company's stockholders a presentation of the Company's third quarter results. The Company released presentation materials that incorporate, among other items, the Company's third quarter 2024 update, recent business highlights and an update regarding the asset purchase with Data Vault Holding Inc. ("Data Vault"). A transcript of the conference call is hereby furnished as Exhibit 99.1 to this Current Report on Form 8-K ("Form 8-K") and is incorporated herein by reference. The information contained in Item 7.01 of this Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act") or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Forward-Looking Statements
Forward-Looking Statements This communication, including Exhibit 99.1, contains forward-looking statements within the meaning of Section 27A of Securities Act, and Section 21E of the Exchange Act. These forward-looking statements, include, among others, the Company's and Data Vault's expectations with respect to the proposed asset purchase (the "Asset Purchase) between them, including statements regarding the benefits of the Asset Purchase, the anticipated timing of the Asset Purchase, the implied valuation of Data Vault, the products offered by Data Vault and the markets in which it operates, and the Company's and Data Vault's projected future results and market opportunities, as well as information with respect to WiSA's future operating results and business strategy. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of factors, including, but are not limited to: (i) risks and uncertainties impacting WiSA's business including, risks related to its current liquidity position and the need to obtain additional financing to support ongoing operations, WiSA's ability to continue as a going concern, WiSA's ability to maintain the listing of its common stock on Nasdaq, WiSA's ability to predict the timing of design wins entering production and the potential future revenue associated with design wins, WiSA's ability to predict its rate of growth, WiSA's ability to predict customer demand for existing and future products and to secure adequate manufacturing capacity, consumer demand conditions affecting WiSA's customers' end markets, WiSA's ability to hire, retain and motivate employees, the effects of competition on WiSA's business, including price competition, technological, regulatory and legal developments, developments in the economy and financial markets, and potential harm caused by software defects, computer v
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Earnings Call Transcript, dated November 15, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date : November 15, 2024 WISA TECHNOLOGIES, INC. By: /s/ Brett Moyer Name: Brett Moyer Title: Chief Executive Officer