WiSA Technologies, Inc., a leader in wireless audio technology, has announced the adjournment of its special stockholders' meeting originally scheduled for March 19, 2024. The meeting is postponed to March 29, 2024, to provide shareholders additional time to vote on a key proposal. The proposal under consideration is to approve an amendment to the Certificate of Incorporation, which would allow the board of directors to amend the company's Bylaws. Specifically, the amendment aims to lower the quorum requirement for shareholder meetings, a move WiSA believes will alleviate administrative burdens and delays for future meetings. The company has faced challenges in achieving a quorum due to a large number of shares held by retail stockholders. WiSA has urged shareholders to vote by phone or online by March 28, 2024, emphasizing the importance of each vote, regardless of share quantity. The record date for determining eligible voters remains February 13, 2024.

WiSA Technologies, Inc., a leader in wireless audio technology, has announced the adjournment of its special stockholders' meeting originally scheduled for March 19, 2024. The meeting is postponed to March 29, 2024, to provide shareholders additional time to vote on a key proposal. The proposal under consideration is to approve an amendment to the Certificate of Incorporation, which would allow the board of directors to amend the company's Bylaws. Specifically, the amendment aims to lower the quorum requirement for shareholder meetings, a move WiSA believes will alleviate administrative burdens and delays for future meetings. The company has faced challenges in achieving a quorum due to a large number of shares held by retail stockholders. WiSA has urged shareholders to vote by phone or online by March 28, 2024, emphasizing the importance of each vote, regardless of share quantity. The record date for determining eligible voters remains February 13, 2024.