WISA Technologies Files Definitive Proxy Statement

Ticker: DVLT · Form: DEFA14A · Filed: Dec 12, 2024 · CIK: 1682149

Sentiment: neutral

Topics: proxy-statement, regulatory-filing, annual-meeting

TL;DR

WISA files proxy statement, standard shareholder meeting info, no fee.

AI Summary

WISA Technologies, Inc. filed a Definitive Proxy Statement (DEFA14A) on December 12, 2024, related to its annual meeting. The filing indicates no fee was required for this submission, and it was filed as a definitive proxy statement under the Securities Exchange Act of 1934. The company, formerly known as Summit Wireless Technologies, Inc., is based in Beaverton, Oregon.

Why It Matters

This filing is a standard regulatory requirement for public companies, informing shareholders about matters to be discussed and voted on at their annual meeting, such as director elections and executive compensation.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEFA14A) and does not contain new financial or strategic information that would inherently increase risk.

Key Players & Entities

FAQ

What type of filing is this DEFA14A for WISA Technologies, Inc.?

This is a Definitive Proxy Statement filed under Rule 14a-101 of the Securities Exchange Act of 1934.

When was this filing made?

The filing was made on December 12, 2024.

What was WISA Technologies, Inc. formerly known as?

WISA Technologies, Inc. was formerly known as Summit Wireless Technologies, Inc.

Is there a filing fee associated with this document?

No, the filing indicates that no fee was required for this submission.

Where is WISA Technologies, Inc. located?

The company's business and mailing address is 15268 NW GREENBRIER PKWY, BEAVERTON, OR 97006.

Filing Stats: 1,509 words · 6 min read · ~5 pages · Grade level 18.1 · Accepted 2024-12-12 17:19:34

Filing Documents

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (RULE 14a-101) SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ) Filed by the Registrant Filed by a Party other than the Registrant ¨ Check the appropriate box: ¨ Preliminary Proxy Statement ¨ Confidential, For Use of the Commission Only (as Permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials ¨ Soliciting Material under §240.14a-12 WiSA Technologies, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required ¨ Fee paid previously with preliminary materials. ¨ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11. Data Vault Holdings, Inc. Expands ADIO Market Reach with CompuSystems Partnership Expands reach of its ADIO technology to over 1.4M event attendees NEW YORK, December 12, 2024 — — Data Vault Holdings, Inc.®, which is under a definitive asset purchase agreement to sell its Datavault® and ADIO® IP and IT assets to WiSA Technologies, Inc. (NASDAQ: WISA) and is leading the way in data visualization, valuation, and monetization, has partnered with CompuSystems, Inc. (CSI), a premier provider of registration, data analytics, and lead management services for live events, to embed ADIO in CSI’s M3 Expo Wallet app. “Our partnership with CSI expands the market reach of ADIO to over 125 trade shows in 2025, representing over 1.4 million registrants,” stated Nathaniel Bradley, CEO of Data Vault Holdings. “By integrating ADIO’s cutting-edge proximity-based engagement with the M3 Expo Wallet, we’re providing exhibitors with a powerful platform to connect with their audience in more meaningful ways. CSI’s prospect-matching algorithms identify attendees aligning with an exhibitor’s ideal profile, and highly targeted attendees who opt-in can receive tailored content powered by our ADIO technology’s inaudible tones to be delivered in real-time. “With the size and scale of CSI’s long-established events management business, we are excited about our partnership’s shared monetization opportunities, which are driven by an ad-based model based on attendee engagement,” added Bradley. The enhanced M3 Expo Wallet combines the strengths of both platforms, offering tools to boost sales connections, improve lead quality, and support sustainability. These innovations empower exhibitors to create lasting connections and maximize their impact at events. Starting in January 2025, CSI will roll out this enhanced technology across all events it services, leveraging its best-in-class on-site technologists to ensure seamless implementation and superior service. Summary of WiSA Technologies & Datavault Business Combination As announced on September 4, 2024, WiSA Technologies, Inc. (NASDAQ: WISA) entered into a definitive asset purchase agreement to purchase the Datavault® intellectual property and information technology assets of privately held Data Vault Holdings Inc.® (the “Business Combination”). Subject to customary conditions and approval by the stockholders of WiSA Technologies, the closing is expected before December 31, 2024. A webcast about the transaction is accessible under the Investors section of WiSA Technologies’ website . About Data Vault Holdings, Inc. Data Vault Holdings Inc. is a technology holding company that provides a proprietary, cloud-based platform for the delivery of blockchain objects. Data Vault Holdings Inc. provides businesses with the tools to monetize data assets securely over its Information Data Exchange® (IDE). The company is in the process of finalizing the consolidation of its affiliates Data Donate Technologies, Inc., ADIO LLC, and Datavault Inc. as wholly owned subsidiaries under one corporate structure. Learn more about Data Vault Holdings Inc. here . ADIO has developed a breakthrough ad-driven monetization platform that enhances user experience through high-frequency audio advertising. ADIO uses its patented pioneering data packet technology to integrate into an audio file for a more robust user experience. Learn more about ADIO here . About CompuSystems CompuSystems is a premier provider of registration, data analytics, and lead management services for live events, offering cutting-edge solutions and unparalleled customer support to clients in the trade, association, corporate, and government event markets. With a strong focus on innovation, customer service, and sustainability, CompuSystems is dedicated to delivering exceptional event experiences for clients and their attendees. Learn more about Comp

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