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WiSA Technologies | D: Filing D

SEC announcement ·  Apr 9 05:23
Summary by Futu AI
WiSA Technologies, Inc., previously known as Summit Wireless Technologies, Inc. and Summit Semiconductor, has filed a Form D Notice of Exempt Offering of Securities with the SEC, indicating a new notice of securities offering. The filing, dated April 8, 2024, reports the successful sale of $2.3 million USD in securities, including equity and options or warrants. The offering, which falls under Rule 506(b) exemption, was completed without the involvement of a registered broker or dealer, with Maxim Group LLC acting as the placement agent and receiving an 8% sales commission. The company, incorporated in Delaware and based in Beaverton, Oregon, has declined to disclose its revenue range or aggregate net asset value. The executive officers and directors listed include Brett Moyer, Gary Williams, Lisa Cummins, Jeffrey M. Gilbert, David Howitt, Helge Kristensen, Sriram Peruvemba, Robert Tobias, and Wendy Wilson. The proceeds from the offering are not intended for payments to any of the named executive officers, directors, or promoters.
WiSA Technologies, Inc., previously known as Summit Wireless Technologies, Inc. and Summit Semiconductor, has filed a Form D Notice of Exempt Offering of Securities with the SEC, indicating a new notice of securities offering. The filing, dated April 8, 2024, reports the successful sale of $2.3 million USD in securities, including equity and options or warrants. The offering, which falls under Rule 506(b) exemption, was completed without the involvement of a registered broker or dealer, with Maxim Group LLC acting as the placement agent and receiving an 8% sales commission. The company, incorporated in Delaware and based in Beaverton, Oregon, has declined to disclose its revenue range or aggregate net asset value. The executive officers and directors listed include Brett Moyer, Gary Williams, Lisa Cummins, Jeffrey M. Gilbert, David Howitt, Helge Kristensen, Sriram Peruvemba, Robert Tobias, and Wendy Wilson. The proceeds from the offering are not intended for payments to any of the named executive officers, directors, or promoters.

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