WiSA Technologies, Inc., a company listed on the Nasdaq Capital Market, has announced compliance with Nasdaq's listing requirements in a recent Form 8-K filing with the SEC. The company was previously granted an extension by the Nasdaq Hearing Panel to meet certain conditions by specific deadlines. As of April 29, 2024, WiSA Technologies confirmed it had met the minimum bid price requirement and believes it now satisfies the stockholders' equity requirement of at least $2.5 million, thanks to strategic financial maneuvers including the reclassification of warrant liabilities and the sale of common stock and other securities. These actions have collectively raised the company's stockholders' equity, enabling it to maintain its listing on the Nasdaq Capital Market.

WiSA Technologies, Inc., a company listed on the Nasdaq Capital Market, has announced compliance with Nasdaq's listing requirements in a recent Form 8-K filing with the SEC. The company was previously granted an extension by the Nasdaq Hearing Panel to meet certain conditions by specific deadlines. As of April 29, 2024, WiSA Technologies confirmed it had met the minimum bid price requirement and believes it now satisfies the stockholders' equity requirement of at least $2.5 million, thanks to strategic financial maneuvers including the reclassification of warrant liabilities and the sale of common stock and other securities. These actions have collectively raised the company's stockholders' equity, enabling it to maintain its listing on the Nasdaq Capital Market.