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WiSA Technologies | D: Filing D

SEC ·  Sep 26 04:41

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 for an offering of securities. The filing, dated September 25, 2024, states that the offering is not being made in connection with a business combination transaction. The total offering amount is listed as $7,376,688 USD, with the total amount sold still at $0 USD. The securities offered include options, warrants, or other rights to acquire another security, and securities to be acquired upon the exercise of such options or warrants. The company has declined to disclose its revenue range or aggregate net asset value. The offering is made under Rule 506(b) of the...Show More
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 for an offering of securities. The filing, dated September 25, 2024, states that the offering is not being made in connection with a business combination transaction. The total offering amount is listed as $7,376,688 USD, with the total amount sold still at $0 USD. The securities offered include options, warrants, or other rights to acquire another security, and securities to be acquired upon the exercise of such options or warrants. The company has declined to disclose its revenue range or aggregate net asset value. The offering is made under Rule 506(b) of the Securities Act, and the date of the first sale is yet to occur, with the initial sale date planned for September 10, 2024. The filing also lists several related persons, including Brett Moyer, the President, CEO, and Chairman of the Board, and other executive officers and directors. No sales commissions or finders' fees are associated with the offering, and the proceeds are not intended for payments to any executive officers, directors, or promoters.

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