WiSA Technologies, Inc. - Common Stock (WISA)

WiSA Technologies, Inc. (Nasdaq: WISA), which closed its purchase of Datavault and ADIO IP and IT assets, and is leading the way in data visualization, valuation, and monetization, furthers its VerifyUTM commercialization strategy that was announced today by the National Football League Alumni (NFLA). The Web 3.0 project is with the historic and World-renowned NFLA in a 3-year deal.

WiSA Technologies (NASDAQWISA) is spearheading a groundbreaking Web 3.0 initiative to revolutionize alumni benefits for NFL Alumni members. The project will utilize WiSA’s technology to create a standard for crypto anchors and interactive media, ensuring immutable connections between alumni members and their benefits. Central to the initiative is the minting of VerifyU credential tokens for all alumni—past, present, and future. The program will deliver innovative utilities such as a comprehensive benefits index, career transition tools, alumni networking, and encrypted acoustic signals for secure member identification. WiSA’s patented Information Data Exchange will further enable alumni to monetize their name, image, and likeness (NIL) through compliant, pre-negotiated smart contracts, setting a new benchmark for Web 3.0 applications in sports and entertainment.

WiSA Technologies, Inc. (Nasdaq: WISA) today announced CES 2025 was highly successful with WiSA® and Datavault® brands demonstrating groundbreaking Web 3.0 technologies. Recognition from Forbes in its “Highlights from CES 2025”1 underscores the innovations’ relevance and industry impact​.

WiSA Technologies (NASDAQWISA) eported strong engagement and recognition at CES 2025, with its WiSA® and Datavault® brands demonstrating groundbreaking Web 3.0 technologies. Forbes highlighted WiSA’s patented innovations in its “Highlights from CES 2025” as transformative tools for digital content engagement. The company’s booth attracted 35 companies, including top brands and innovators, while professional athletes explored applications of holographic digital twins and acoustic tools for fan interaction and training. WiSA introduced The Twinstitute at the Wynn, a facility for creating digital twins and voice fonts, underscoring the projected $131 billion digital twin market by 2030. Its ADIO® technology showcased inaudible tone broadcasting for personalized, non-intrusive advertising, while DVHolo displays demonstrated immersive media applications. Additionally, WiSA launched WiSA E wireless audio platforms, enhancing immersive sound experiences. CEO Nate Bradley emphasized the potential of these technologies to unlock new revenue streams, supported by CFO Brett Moyer’s confidence in the market’s readiness for WiSA’s innovations.

WiSA Technologies (NASDAQWISA) has completed its acquisition of Datavault® intellectual property and IT assets from privately held Data Vault Holdings Inc.® as of Dec. 31, 2024. The company plans to rebrand as Datavault Inc. in January 2025 and will participate in several investor events in the coming weeks. Further details about these engagements are expected to follow.

WiSA Technologies, Inc. (NASDAQWISA) which closed its acquisition of Datavault® intellectual property and information technology assets of privately held Data Vault Holdings Inc.® on December 31, 2024 and anticipates changing its name to Datavault Inc. in January 2025, announces management will participate in investor events over the next several weeks as follows.

WiSA Technologies (NASDAQWISA) fresh off its acquisition of Datavault and ADIO IP assets, is set to redefine technology at CES 2025 with a suite of groundbreaking innovations. Highlights include digital twin creation at the new “Twinstitute” near the Wynn Hotel, ADIO technology demonstrations of inaudible audio tones at Fintech TV, and DVHolo holographic projections at the Fontainebleau Hotel. These offerings showcase applications in data monetization, immersive media, and wireless audio. The digital twin market, projected to reach $131 billion by 2030, and the holographic display market, estimated at $23 billion by 2032, position WiSA as a leader in transformative tech. Attendees can also explore WiSA’s wireless audio innovations at Suite 337 in the Venetian, with potential to reshape wireless audio market, projected to exceed $153 billion by 2030.

Please replace the release dated January 6, 2025 with the following corrected version due to multiple revisions to the first paragraph and "Cautionary Note Regarding Forward-Looking Statements."

Please replace the release dated January 6, 2025 with the following corrected version due to revisions to the first paragraph and "Cautionary Note Regarding Forward-Looking Statements."

WiSA Technologies, Inc., which closed its purchase of Datavault and ADIO IP and IT assets, and is leading the way in data visualization, valuation, and monetization, furthers its commercialization strategy and is poised to redefine the technology landscape at CES 2025 with a showcase of its patented innovations in data valuation, data monetization, the creation of AI enabled digital twins, acoustic mobile response technology, data driven holograms, and immersive audio technology experiences. These technologies, presented at key venues across Las Vegas, demonstrate the powerful and new Web 3.0 that will transform how entire industries will engage with data, entertainment, and interactive media.

WiSA Technologies, Inc. (“WiSA Technologies”, the “Company”, or “WiSA”) (Nasdaq: WISA), closed its purchase of Datavault® intellectual property and information technology assets of privately held Data Vault Holdings Inc.® (“Data Vault Holdings”) on December 31, 2024. In conjunction with the closing, WiSA issued 40 million shares of restricted common stock, par value $0.0001 per share (the “Common Stock”), to Data Vault Holdings (the “Closing Stock Consideration”); Nathaniel T. Bradley (Nate) was named CEO and Director; and Brett Moyer assumed a new role as CFO while remaining a director. WiSA Technologies plans to change its name to Datavault Inc. (“Datavault”) in mid-January 2025, concurrent with a planned change of its Nasdaq ticker symbol to ADIO. The Company will continue to trade under the Nasdaq ticker symbol WISA until such time as the new ticker symbol is announced.

WiSA Technologies (NASDAQWISA) announced the acquisition of Datavault® intellectual property and IT assets from Data Vault Holdings Inc., effective Dec. 31, 2024. The transaction included issuing 40 million shares of restricted stock, a $10 million promissory note, and a 3% royalty on Datavault revenues. Nathaniel T. Bradley was named CEO, with Brett Moyer transitioning to CFO. WiSA plans to rebrand as Datavault Inc. with a Nasdaq ticker change to ADIO in mid-January 2025, reflecting its focus on blockchain data and AI Web 3.0 technologies across diverse industries.

WiSA Technologies (NASDAQWISA) is launching innovative products and technologies at CES 2025, including three reference designs—Player1, Dragon and Pegasus—powered by WiSA E technology. These platforms enable seamless integration of wireless audio systems for home theaters and legacy products. Complementing these are three new mobile applications for device certification, connection and management, along with the SoundSend E transmitter, which features Dolby Atmos decoding, expanded connectivity and enhanced user control via the WiSA Connect app. These advancements highlight WiSA’s commitment to simplifying wireless audio adoption for consumers and industry partners.

WiSA Technologies, Inc. (NASDAQWISA), a leading innovator in wireless audio technology for intelligent devices and next-generation home entertainment systems, announces that its WiSA E wireless multichannel audio software has been integrated into Sagemcom's latest Video Soundbox (VSB) set-top box product, which has been shipping globally since December 2024. The cutting-edge WiSA E software enables the all-in-one audio/video VSB to deliver an innovative and immersive home entertainment experience. With WiSA E, consumers can enjoy Dolby Atmos audio transported wirelessly to external speakers, elevating their audio experience to new heights.

WiSA Technologies (NASDAQWISA) announced the integration of its WiSA E wireless multichannel audio software into Sagemcom’s Video Soundbox (“VSB”), a combined soundbar and set-top box launched globally in December 2024. The WiSA E software enables the VSB to deliver immersive Dolby Atmos audio wirelessly to external speakers, enhancing the home entertainment experience. This partnership highlights WiSA’s ability to simplify integration, reduce manufacturing costs, and accelerate time-to-market for device makers while offering consumers high-quality, clutter-free audio solutions. Sagemcom touts the VSB as a streamlined, cost-effective way to upgrade home entertainment systems.

WiSA Technologies, Inc. (“WiSA Technologies,” “WiSA” or the “Company”) (NASDAQWISA), which anticipates closing its acquisition of Datavault® intellectual property and information technology assets of privately held Data Vault Holdings Inc.® and changing its name to Datavault Inc. on or about December 31, 2024, will hold a special conference call today, Monday, December 30th at 8 am PT / 11 am ET to discuss its previously announced definitive agreement to acquire privately held CompuSystems, Inc. (“CSI”), a premier provider of registration, data analytics, and lead management services for live events.

WiSA Technologies (NASDAQWISA) announced plans to host a special conference call today, Dec. 30, to discuss its agreement to acquire CompuSystems, Inc. (“CSI”), a leader in registration, data analytics, and lead management services for live events. The call will feature insights from WiSA CEO Brett Moyer, Data Vault Holdings Inc. CEO Nate Bradley, CSI CEO Mark LoGiurato, and CompuSystems controlling investor Michael Fazio. The company also anticipates closing its acquisition of Datavault® assets and rebranding as Datavault Inc. by Dec. 31, 2024. A live webcast and replays will be available for participants.

WiSA Technologies (NASDAQWISA), soon to rebrand as Datavault Inc., announced a definitive agreement to acquire CompuSystems, Inc. (“CSI”), a leading provider of registration and data analytics for live events. This acquisition aims to integrate CSI’s extensive event management expertise with Datavault’s ADIO® platform, creating opportunities to monetize event data through Web 3.0 technologies. CSI is projected to contribute $13–$15 million in revenue and $3–$4 million in EBITDA in 2025. The acquisition, expected to close by January 31, 2025, enhances WiSA’s ability to deliver advanced audio tours and sophisticated event solutions, while expanding its footprint in the global events industry.

WiSA Technologies, Inc. (“WiSA Technologies,” “WiSA” or the “Company”) (NASDAQWISA), which anticipates closing its acquisition of Datavault® intellectual property and information technology assets of privately held Data Vault Holdings Inc.® and changing its name to Datavault Inc. on or about December 31, 2024, has entered into a Definitive Agreement (the “Agreement”) to acquire privately held CompuSystems, Inc. (“CSI”), a premier provider of registration, data analytics, and lead management services for live events. In 2025, CompuSystems’ current management expects CSI to contribute between $13 million and $15 million in revenue and between $3 million and $4 million in EBITDA. Combined management will host a conference call on Monday, December 30th at 11 am ET to discuss the transaction.

First paragraph, first sentence of release should read: WiSA Technologies, Inc. (“WiSA Technologies”) (NASDAQWISA), has received stockholder approval to purchase the Datavault® intellectual property and information technology assets of privately held Data Vault Holdings Inc.® for 40 million shares of restricted common stock of WiSA Technologies to be issued at closing of the transaction plus a $10 million 3-year Note. 94% of stockholders present or represented by proxy at the meeting voted in favor of the transaction. (instead of 40 million shares of common stock).

WiSA Technologies (NASDAQWISA) announced that its stockholders have overwhelmingly approved the acquisition of Datavault® intellectual property and IT assets from Data Vault Holdings Inc. The transaction includes the issuance of 40 million WiSA shares and a $10 million 3-year note, with closing expected around Dec. 31, 2024. Following the acquisition, WiSA will rebrand as Datavault Inc., transitioning into a data technology and licensing company. The new entity will focus on two core solutions: Data Sciences, which will license HPC software and Web 3.0 data management across diverse industries, and Acoustic Sciences, offering HD sound transmission technologies for sectors like sports, entertainment, and automotive. CEOs Brett Moyer of WiSA and Nathaniel T. Bradley of Data Vault highlighted the transformative potential of the deal for commercial expansion and market growth in 2025.

Data Vault Holdings, Inc.®, which is under a definitive asset purchase agreement to sell its Datavault® and ADIO® IP and IT assets to WiSA Technologies, Inc. (NASDAQWISA) and is leading the way in data visualization, valuation, and monetization, has partnered with CompuSystems, Inc. (CSI), a premier provider of registration, data analytics, and lead management services for live events, to embed ADIO in CSI’s M3 Expo Wallet app.

WiSA Technologies (NASDAQWISA), under a definitive agreement to acquire the intellectual property and IT assets of Data Vault Holdings, Inc., is set to benefit from Data Vault’s latest partnership with CompuSystems, Inc. (“CSI”). The collaboration integrates Data Vault’s ADIO technology into CSI’s M3 Expo Wallet app, expanding ADIO’s reach to over 125 trade shows and 1.4 million registrants in 2025. Nathaniel Bradley, CEO of Data Vault Holdings, highlighted ADIO’s ability to deliver real-time, proximity-based content using inaudible tones, combined with CSI’s advanced attendee matching to enhance exhibitor-audience engagement. Starting January 2025, the enhanced M3 Expo Wallet will roll out across all CSI-serviced events, leveraging its extensive infrastructure. WiSA’s pending acquisition of Data Vault’s assets, expected to close by year-end, positions it to unlock new opportunities in data monetization and event engagement.

WiSA Technologies (NASDAQWISA) has mailed its Definitive Proxy Statement for the 2024 Annual Meeting of Stockholders, scheduled for December 20, 2024. The statement includes details on the planned acquisition of AI, blockchain, and Web 3.0 IP assets from Data Vault Holdings, Inc., aimed at forming a data technology and licensing company leveraging proprietary high-performance computing software. Stockholders of record as of Nov. 6, 2024, are eligible to vote on the proposed asset purchase during the meeting.

WiSA Technologies, Inc. (NASDAQWISA), which is in a definitive agreement to acquire AI, blockchain and Data Web 3.0 IP assets of Data Vault Holdings, Inc.® (“Data Vault”) to form a data technology & licensing company leveraging IP & proprietary HPC software, has mailed a Definitive Proxy Statement for its 2024 Annual Meeting of Stockholders (the “Annual Meeting”), which is to be held on December 20, 2024, and included information regarding its planned acquisition of Data Vault’s ADIO® and Data Vault assets (the “Asset Purchase”). WiSA’s stockholders of record at the close of business on November 6, 2024 (the “Record Date”) will be entitled to vote at the Annual Meeting.