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.
WiSA Technologies, Inc. (WISA) is a pioneering company specializing in wireless sound technology. As a fabless semiconductor firm, it focuses on developing and selling advanced wireless audio integrated circuits. These state-of-the-art circuits are designed to deliver high-definition, distortion-free audio for a range of home entertainment and professional audio markets.
Headquartered in Beaverton, Oregon, with additional offices in San Jose, California, as well as in Taiwan, Korea, and Japan, WiSA Technologies is strategically positioned to serve a global market. The company boasts an extensive geographic presence across Asia Pacific, North America, and Europe.
WiSA Technologies is renowned for its award-winning Summit Wireless™ technology. This leading integrated circuit solution is widely recognized for its ability to distribute high-quality audio wirelessly. Summit Wireless™ technology can be seamlessly integrated into audio decoding sources such as digital televisions, sound bars, PA systems, AV receivers, Blu-ray players, set-top boxes, and gaming systems. These sources transmit multi-channel audio to home theater or pro-audio speakers equipped with Summit receive technology.
In addition to selling module components to audio companies, WiSA Technologies also offers audio products to both resellers and consumers. The company collaborates closely with consumer electronics companies, technology providers, retailers, and ecosystem partners to enhance the immersive audio experience for users.
WiSA Technologies is a co-founder of the Wireless Speaker and Audio Association (WiSA) standard, which promotes interoperability among various audio components. The company's recent achievements and current projects emphasize its commitment to innovation and quality in the audio technology sector.
Stay tuned for updates from WiSA Technologies as they continue to make strides in the wireless audio industry, delivering cutting-edge solutions and expanding their global footprint.
WiSA Technologies (NASDAQ: WISA) has announced the shipment of its new WiSA E development kits designed for multichannel audio systems. This software-based, 8-channel immersive audio solution operates on the 5GHz Wi-Fi band, offering low latency and tight synchronization, essential for high-quality audio experiences with Dolby Atmos and DTS-X. The company highlights strong demand from beta customers and positions WiSA E as a plug-and-play module or IP license for easy integration into TV SoC platforms. This innovation aims to enhance the home entertainment experience at an affordable price.
WiSA Technologies, Inc. has announced a registered direct offering of 583,306 shares of common stock and concurrent private placement of warrants to raise approximately
WiSA Technologies, Inc. (NASDAQ: WISA) announced a 1-for-100 reverse stock split approved by its Board of Directors on January 24, 2023. The split will take effect on January 26, 2023, at 5:00 p.m. ET, with trading on a split-adjusted basis beginning January 27, 2023. The new CUSIP number for the common stock will be 86633R302. Shareholders with stock certificates will receive exchange instructions from VStock Transfer, LLC, while those holding shares in brokerage accounts need not take action. This move follows the company’s ongoing efforts to comply with Nasdaq listing standards.
WiSA Technologies, Inc. (NASDAQ: WISA) is set to showcase an innovative Dolby Atmos soundbar system platform at CES 2023 in
WiSA Technologies (NASDAQ: WISA) will showcase its advanced Wi-Fi-compatible multichannel audio technology, WiSA E, at CES 2023 in Las Vegas. This technology supports a six-channel, 5.1 immersive audio configuration, delivering uncompressed 24-bit 48kHz audio with minimal latency. WiSA E aims to meet consumer demand for immersive audio experiences and is expected to launch production-ready modules using the Realtek Ameba Smart chip by Q2 2023. Demonstrations will occur from January 5 to 8, 2023.
WiSA Technologies, Inc. (NASDAQ: WISA) will showcase its first port of wireless multichannel audio software for Android TV at CES 2023, taking place from January 5-8, 2023, in Las Vegas. This demonstration aims to highlight how embedding WiSA's audio software can provide TV brands with cost-effective, feature-rich wireless audio capabilities, enhancing consumer experience with seamless connectivity to compatible speakers. WiSA's software supports both Android and Linux operating systems and operates over Wi-Fi, scaling from stereo to eight separate audio channels.
WiSA Technologies (Nasdaq: WISA) has received a notification from Nasdaq granting it an additional 180-day compliance period until June 20, 2023, to regain compliance with the minimum bid price rule. The company’s shares will continue trading on the Nasdaq Capital Market without immediate effect from this notification. WiSA had previously been informed on June 23, 2022, that it did not meet the $1 minimum bid price requirement. WiSA intends to monitor its stock price and may consider a reverse stock split to regain compliance.
Platin Audio has introduced its wireless surround sound system, Monaco 5.1.2, featuring up-firing speakers and Dolby Atmos technology. Displayed at B&H Photo Video in New York City, this system offers an immersive listening experience aimed at enhancing home audio. Priced at $1,499, it includes a promotional $200 discount for customers who participate in the demonstration before January 2, 2023. The Monaco system is WiSA HT Certified, ensuring compatibility with various smart devices for an easy setup.
WiSA Technologies (NASDAQ: WISA) has launched a new app allowing users of WiSA-enabled devices to control their multichannel audio experience via smartphones. The app supports various devices, including smart TVs and soundbars, and will expand to popular operating systems. Key features include setup guidance, preset audio modes, EQ controls, and comprehensive speaker management. The app is currently available for Android, with an iOS version set to debut in mid-December. The initiative aims to enhance user accessibility and control over immersive sound technologies.
WiSA Technologies, Inc. (Nasdaq: WISA) has successfully closed its public offering of 50.4 million units and 3.6 million pre-funded units at a price of $0.14 per unit, generating approximately $7.6 million in gross proceeds. Each unit comprises one share of common stock and two warrants, Series A and Series B, both exercisable at the same price. The offering was facilitated by Maxim Group LLC as the exclusive placement agent, and the securities were registered with the SEC under an effective registration statement. This capital raise is expected to support the company's growth in spatial audio technology.
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