Summary by Moomoo AI
WiSA Technologies, Inc., a leader in wireless audio technology, has announced the adjournment of its special meeting of stockholders to March 29, 2024. The postponement is to allow additional time for shareholders to vote on a key proposal to amend the Certificate of Incorporation. This amendment would enable the board of directors to alter the company's Bylaws, specifically to lower the quorum requirement for future stockholder meetings. The decision comes after WiSA faced challenges in reaching a quorum, attributed to a broad distribution of common stock among retail stockholders. The company has provided convenient voting options via phone and internet, with a deadline set for March 28, 2024, at 11:59 pm Eastern Time. Stockholders of record as of February 13, 2024, retain their voting rights even if they have sold their shares. WiSA emphasizes the importance of each vote, urging all shareholders to participate in the decision-making process.