Summary by Moomoo AI
WiSA Technologies, Inc. has announced a Special Meeting of Stockholders to be held on May 13, 2024, to vote on several key proposals under the company's new "Propel" business strategy. The Propel strategy includes initiatives aimed at enhancing shareholder value, driving revenue growth, achieving profitability, establishing industry leadership, and ensuring strong governance. The Board of Directors recommends voting for proposals such as a reverse stock split, an amendment to the Certificate of Incorporation to allow board amendments to the bylaws, and the issuance of shares upon the exercise of warrants from February and March 2024. The company's CEO urges shareholders to support these proposals to realize the full potential of WiSA E technology and the Propel strategy, emphasizing the importance of each vote.