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0 0.0888030888030888 0.0347490347490347 0.0231660231660232 0.0173745173745173 -0.0115830115830116 -0.027027027027027 -0.0386100386100386
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WiSA Technologies Announces Closing of $10.0 Million Public Offering

WiSA Technologies, Inc. (WISA) 
Company Research Source: Business Wire
BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies, Inc. (Nasdaq: WISA or the “Company”), a leading innovator in wireless audio technology for intelligent devices and next-generation home entertainment systems, today announced the closing of its previously announced public offering of 153,840,000 units, with each unit consisting of one share of common stock (or pre-funded warrant in lieu thereof) and one warrant, each to purchase one (1) share of common stock for gross proceeds of approximately $10.0 million. Each unit was sold at an effective public offering price of $0.065. The warrants will be exercisable on the date of stockholder approval at an exercise price of $0.065 and will expire five years from the date of such stockholder approval.Maxim Group LLC acted as the sole placement agent for the offering.The securities described above were offered pursuant to a registration statement on Form S-1, as amended (File No. 333-276631) (the “Registration Statement”), which was decla Show less Read more
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