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WiSA Technologies | 8-K: Current report

SEC announcement ·  Jul 8 19:32
Summary by Futu AI
WiSA Technologies, Inc. has successfully regained compliance with the Nasdaq equity requirement as per the Nasdaq Listing Rule 5550(b)(1), following a confirmation letter received from the Nasdaq Office of General Counsel on July 3, 2024. This compliance is in accordance with the decision made by the Nasdaq Hearing Panel on April 5, 2024. The Panel has instituted a monitoring period lasting until July 3, 2025, during which the company must maintain compliance with the equity requirement. Failure to do so will result in the company being unable to submit a compliance plan and may lead to a delisting determination, although the company will have the right to request a new hearing. The report was officially filed with the SEC on July 8, 2024, by Brett Moyer, on behalf of WiSA Technologies, Inc.
WiSA Technologies, Inc. has successfully regained compliance with the Nasdaq equity requirement as per the Nasdaq Listing Rule 5550(b)(1), following a confirmation letter received from the Nasdaq Office of General Counsel on July 3, 2024. This compliance is in accordance with the decision made by the Nasdaq Hearing Panel on April 5, 2024. The Panel has instituted a monitoring period lasting until July 3, 2025, during which the company must maintain compliance with the equity requirement. Failure to do so will result in the company being unable to submit a compliance plan and may lead to a delisting determination, although the company will have the right to request a new hearing. The report was officially filed with the SEC on July 8, 2024, by Brett Moyer, on behalf of WiSA Technologies, Inc.
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