Summary by Futu AI
On September 20, 2024, an amendment to Schedule 13G was filed with the United States Securities and Exchange Commission by Joseph Reda, indicating a significant ownership stake in WiSA Technologies, Inc. The filing, which is an update to a previous submission, reveals that Reda has sole voting and dispositive power over 665,276 shares of WiSA Technologies' common stock, representing 8.9% of the company's class of securities. This stake in the company is based on 7,412,943 shares of common stock outstanding after a recent Warrant Exchange and Inducement Agreement. The address of WiSA Technologies' principal executive offices is listed as 15268 NW Greenbrier Parkway, Beaverton, OR 97006. Joseph Reda, a United States citizen with a principal business address in Pelham, NY, has certified that the acquisition of these shares is not for the purpose of changing or influencing the control of WiSA Technologies, nor is it connected with any transaction with such purpose or effect.