UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 7.01 | Regulation FD Disclosure |
On December 23, 2024, WiSATechnologies, Inc. (the “Company”) issued a press release announcing that the Company’s stockholders had approved, at the Company’s 2024 Annual Meeting of Stockholders, the issuance of 40,000,000 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), to Data Vault Holdings Inc. (“Data Vault”) as partial consideration for the purchase of certain intellectual property assets from Data Vault. The shares of Common Stock will be issued to Data Vault on closing of the transaction, which closing is subject to customary closing conditions.
On December 23, 2024, the Company issued an updated press release (the “Updated Press Release”) to clarify that the shares of Common Stock to be issued to Data Vault will be restricted shares that are not available for immediate resale, absent an exemption from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Company is not under any obligation to register such shares pursuant to a registration rights agreement or any other registration mechanism. The Updated Press Release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this Item 7.01 by reference.
The information contained in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. |
Description | |
| 99.1 | Updated Press Release, dated December 23, 2024. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: December 23, 2024 | WISA TECHNOLOGIES, INC. | ||
| By: | /s/ Brett Moyer | ||
| Name: | Brett Moyer | ||
| Title: | Chief Executive Officer | ||