Summary by Moomoo AI
WiSA Technologies, Inc. has announced its plans for a special meeting of stockholders to be held on May 13, 2024, with a record date of March 27, 2024. The meeting will address proposals detailed in the Definitive Proxy Statement filed on April 17, 2024. Additionally, the company has clarified that the share count disclosed in the Proxy Statement reflects the effects of a reverse stock split executed on April 12, 2024. WiSA Technologies has also engaged Lioness Consulting LLC for proxy solicitation services for the meeting. Furthermore, the company has entered into a securities purchase agreement on April 26, 2024, for a registered direct offering and concurrent private placement of common stock and warrants, expected to close on April 30, 2024, with gross proceeds of approximately $2.4 million. The warrants will be exercisable...Show More