WiSA Technologies, Inc., also known as Summit Wireless Technologies, Inc., has filed a Form D Notice of Exempt Offering of Securities with the SEC, indicating a new notice of a securities offering. The filing, dated May 24, 2024, reports the successful sale of $2,436,750 USD worth of securities, which includes equity, options, warrants, and other rights to acquire additional securities. The offering was made under Rule 506(b) of the Securities Act, and the company has declined to disclose its revenue range or aggregate net asset value. The filing also notes that the securities were offered without a minimum investment requirement and that the total number of investors in the offering was four. Maxim Group LLC served as the placement agent and received sales...Show More

WiSA Technologies, Inc., also known as Summit Wireless Technologies, Inc., has filed a Form D Notice of Exempt Offering of Securities with the SEC, indicating a new notice of a securities offering. The filing, dated May 24, 2024, reports the successful sale of $2,436,750 USD worth of securities, which includes equity, options, warrants, and other rights to acquire additional securities. The offering was made under Rule 506(b) of the Securities Act, and the company has declined to disclose its revenue range or aggregate net asset value. The filing also notes that the securities were offered without a minimum investment requirement and that the total number of investors in the offering was four. Maxim Group LLC served as the placement agent and received sales commissions totaling $194,940 USD. The proceeds from the offering are to be used for general corporate purposes, including payments to the company's executive officers, directors, or promoters as required. The company's principal place of business is listed as Beaverton, Oregon, and the related persons include Brett Moyer, the President, CEO, and Chairman of the Board, among other executive officers and directors.