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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.

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.

News

WiSA Technologies Announces Reverse Stock Split

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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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WiSA Technologies Announces Nasdaq Acceptance of Compliance Plan

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WiSA Technologies, Inc. (WISA) announces a 1-for-150 reverse stock split to maintain Nasdaq listing. The company must meet bid price and equity requirements by 2024. The split aims to boost stock price for compliance.
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WiSA Technologies Announces Pricing of $2.3 Million Registered Direct Offering and Concurrent Private Placement Priced At-The-Market

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WiSA Technologies, Inc. announces a securities purchase agreement with institutional investors for a registered direct offering, raising approximately $2.3 million. The offering includes the purchase of 76,676,478 shares of common stock and warrants at an offering price of $0.03 per share. The warrants will be exercisable at $0.04 per share upon stockholder approval.
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WiSA Technologies Adds Additional Functionality to its Powerful WiSA E Immersive Audio Software

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WiSA Technologies, Inc. announces new features in WiSA E software stack to reduce integration costs for manufacturers. The company also provides a financial update for full year 2023, expecting revenue of $1.9-2.1 million and a net loss of $17.7-19.7 million.
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Notice to WiSA Technologies Investors and Maxim Group Customers Who Suffered Losses: Contact KlaymanToskes Immediately

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KlaymanToskes offers recovery options for WiSA investors as the stock declined by 99% in the past year. WiSA is a high-risk, illiquid investment facing financial instability, with a negative ROIC of -1,461.43% since inception. The company needs to raise funds through equity or debt due to revenue issues.
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WiSA Technologies Announces Closing of $10.0 Million Public Offering

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WiSA Technologies, Inc. (WISA) announces the closing of a public offering, raising approximately $10.0 million through the sale of 153,840,000 units at $0.065 per unit. Each unit consists of one share of common stock and one warrant. The warrants will be exercisable at $0.065 and will expire five years from stockholder approval. Maxim Group LLC acted as the sole placement agent for the offering.
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WiSA Technologies Announces Pricing of $10.0 Million Public Offering

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WiSA Technologies, Inc. announces a public offering of 153,840,000 units, each consisting of one share of common stock and one warrant, for gross proceeds of approximately $10.0 million. The offering price per unit is $0.065, with warrants exercisable at $0.065 and expiring five years from stockholder approval.
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WiSA E Leaves an Impressive Mark on CES Attendees

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WiSA Technologies, Inc. (NASDAQ: WISA) receives positive market response for its software-based multichannel audio technology, WiSA E, showcased at CES. The software's scalability and embeddability open new product categories and business models, with demonstrations including low-cost Android streaming media stick, set-top boxes, HDTVs, and mobile devices. The company has also announced 3 leading display companies signing a 5-year WiSA E license.
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WiSA E Gains Traction in the Set-Top Box Market with 3 Different Implementations at CES

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WiSA Technologies, Inc. (NASDAQ: WISA) is set to enter the set-top box market with its WiSA E software, expected to generate revenue in 2024. The software transmitter allows for wireless multichannel audio functionality at a nominal cost, offering advantages for both manufacturers and consumers. The company anticipates a cost-effective model for offering immersive multichannel audio to consumers through streaming media devices.
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WiSA E Expands Market Reach to 40+ million TVs with Latest HDTV Licensee

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WiSA Technologies, Inc. (NASDAQ: WISA) secures a 5-year WiSA E licensing deal with a top 5 HDTV brand, allowing the licensee to incorporate WiSA E wireless immersive audio transmitter technology across its platforms. This marks the third display licensee of WiSA E software and is expected to expand into other A/V categories. The positive market reaction to the software and enthusiasm for the licensing model has been extraordinary.
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FAQ

What is the current stock price of WiSA Technologies (WISA)?

The current stock price of WiSA Technologies (WISA) is $1.71 as of December 17, 2024.

What is the market cap of WiSA Technologies (WISA)?

The market cap of WiSA Technologies (WISA) is approximately 14.3M.

What does WiSA Technologies, Inc. specialize in?

WiSA Technologies specializes in wireless sound technology and develops wireless audio integrated circuits for home entertainment and professional audio markets.

Where is WiSA Technologies headquartered?

WiSA Technologies is headquartered in Beaverton, Oregon, USA, with additional offices in San Jose, California, Taiwan, Korea, and Japan.

What is Summit Wireless™ technology?

Summit Wireless™ technology is an award-winning integrated circuit solution by WiSA Technologies that enables high-definition, distortion-free wireless audio transmission.

What types of products integrate WiSA Technologies' solutions?

Products like digital televisions, sound bars, PA systems, AV receivers, Blu-ray players, set-top boxes, and gaming systems integrate WiSA Technologies' wireless audio solutions.

Who are some of WiSA Technologies' partners?

WiSA Technologies partners with consumer electronics companies, technology providers, retailers, and ecosystem partners to enhance the immersive audio experience.

What is the WiSA standard?

The WiSA standard, co-founded by WiSA Technologies, is a standard for interoperability among various audio components, ensuring seamless integration and high-quality audio.

What markets does WiSA Technologies serve?

WiSA Technologies serves home entertainment and professional audio markets, with a geographic presence in Asia Pacific, North America, and Europe.

How does WiSA Technologies distribute its products?

WiSA Technologies distributes its products through the sale of module components to audio companies and offers audio products to resellers and consumers.

What are some recent achievements of WiSA Technologies?

WiSA Technologies' recent achievements include innovations in wireless audio technology and expanding their global footprint in the audio technology sector.

Why is WiSA Technologies significant in the audio industry?

WiSA Technologies is significant for its cutting-edge wireless audio solutions, improving the audio experience with high-definition, distortion-free sound, and fostering interoperability standards.

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WiSA Technologies, Inc.

Nasdaq:WISA

WISA Rankings

#5445 Ranked by Market Cap
N/A Ranked by Dividends

WISA Stock Data

14.30M
6.07M
20.63%
5.72%
8.69%
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