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WiSA Technologies, Inc. - $WISA STOCK NEWS

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.

Rhea-AI Summary

WiSA Technologies (NASDAQ: WISA) reports strong interest from major consumer electronics manufacturers in its WiSA E technology. The company has signed five licensing agreements with prominent brands, and three more are under review. WiSA E is set to launch in the second half of 2024.

WiSA E offers seamless integration across various platforms, including TVs, projectors, and set-top boxes, with no additional BOM cost. It is compatible with major SoCs like MediaTek and Qualcomm, supports Android devices, and works with any Wi-Fi chip. This universal interoperability positions WiSA E as a cost-effective and high-quality solution.

The technology aims to enhance audio experiences across different devices, providing a seamless and immersive sound experience.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.62%
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Rhea-AI Summary

WiSA Technologies (NASDAQ: WISA) announced it will host its first quarter 2024 results conference call on May 21, 2024, at 8:00 am PT / 11:00 am ET. The call will be accessible via a live webcast and telephone. The webcast will be available for replay for one year, and a telephonic replay will be available until May 28, 2024. The Q1 2024 results presentation will be posted on the company's website on the same day.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.62%
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Rhea-AI Summary

CITECH and WiSA Technologies have announced a strategic partnership to integrate WiSA E software into CITECH's HiFi ROSE media streamers, aiming to offer high-quality wireless multichannel audio to customers. CITECH will showcase their products at the HIGH END audio Show in Munich from May 9-12, 2024. WiSA E technology will be available in the HiFi ROSE media streamers and in receiver modules for partner speaker companies.

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End-of-Day
-11.88%
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Rhea-AI Summary

WiSA Technologies, Inc. (Nasdaq: WISA) has regained compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). The Company will be monitored until April 29, 2025, to ensure continued compliance.

WiSA Technologies is a leading provider of wireless audio technology for intelligent devices and home entertainment systems, collaborating with major brands to deliver immersive sound experiences. The company is a founding member of WiSA™, working to define wireless audio standards and promote spatial audio technologies.

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-3.86%
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Rhea-AI Summary

Optoma’s laser projectors UHZ35ST, UHZ55, and UHZ66 have received WiSA SoundSend Certification, ensuring high-quality audio experiences and seamless integration with WiSA SoundSend wireless audio transmitters. This certification sets a benchmark for excellence in audio experiences, connecting projectors to WiSA Certified speakers for immersive home entertainment across various content types. The WiSA SoundSend is the first branded product from the WiSA Association, offering easy setup and control via a mobile app.

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8.84%
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Rhea-AI Summary

WiSA Technologies, Inc. issued a Letter to Shareholders discussing their innovative wireless audio technology for home entertainment systems. The company highlights their strong R&D foundation, industry recognition, continuous innovation, and the launch of WiSA E technology. They introduce the Propel program to drive revenue growth, profitability, industry leadership, and governance. Key proposals for shareholder approval include a Reverse Stock Split and issuance of shares upon exercise of warrants.

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-14.1%
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Rhea-AI Summary
WiSA Technologies, Inc. (NASDAQ: WISA) will be presenting at The Planet MicroCap Showcase in Las Vegas. CEO Brett Moyer will host 1:1 meetings and give a presentation on Wednesday, May 1, 2024. The event is scheduled from April 30 to May 2, 2024, at Paris Hotel & Casino. Investors can register online to request a meeting with the company.
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-28.71%
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Rhea-AI Summary
WiSA Technologies, Inc. (Nasdaq: WISA) has signed a game-changing WiSA E licensing agreement with a top-three consumer electronics leader. The agreement will allow the licensee to embed WiSA E's multichannel immersive audio functionality into their devices, eliminating the need for additional hardware. This move opens up a new revenue stream for WiSA through royalty payments on transmitting software. Production devices are expected in the market by the second half of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-36.32%
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Rhea-AI Summary
WiSA Technologies, Inc. (Nasdaq: WISA) signs its fourth 5-year WiSA E licensing agreement with a major HDTV/PTV brand, showcasing rapid adoption of its immersive audio technology. The integration of WiSA E software into products allows for wireless immersive audio options and full interoperability with WiSA E-enabled speakers from various brands.
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End-of-Day
248.57%
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Rhea-AI Summary
WiSA Technologies, Inc. (WISA) announces a 1-for-150 reverse stock split of its common stock, effective April 15, 2024, trading on Nasdaq Capital Market. Stockholders to receive instructions from VStock Transfer, for stock certificate exchange.
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Rhea-AI Sentiment
End-of-Day
-14.29%
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WiSA Technologies, Inc.

Nasdaq:WISA

WISA Rankings

WISA Stock Data

10.45M
204.33M
10.09%
0.08%
1.65%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
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.