Summary by Futu AI
WiSA Technologies, Inc., listed under the stock code WISA.US, has achieved a significant milestone with the U.S. Securities and Exchange Commission (SEC) declaring its Form S-1 effective as of June 25, 2024, at 4:00 P.M. The Form S-1 is a registration statement that companies must file with the SEC before they can proceed with the sale of securities to the public. The effectiveness of this form indicates that WiSA Technologies has met all the regulatory requirements to move forward with its public offering.