BEAVERTON, Ore.--(BUSINESS WIRE)--WiSA Technologies, Inc. (NASDAQ: WISA) 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.
SRAX Sequire Investor Summit | ||
Location: | San Juan, Puerto Rico | |
Date: | January 21-24, 2025 | |
Topic: | Presentation and one-on-one meetings | |
Presentation: | 2:00 pm, Fauno West | |
Registration: | ||
The Microcap Conference | |
Location: | Atlantic City, NJ |
Date: | January 28-30, 2025 |
Topic: | Presentation and one-on-one meetings |
Registration: | |
Conference Information
For more information about the conferences or to schedule a meeting with management, please contact your respective conference representative or contact the Company's investor relations team at WISAinvestor@allianceadvisors.com.
Presentation materials will also be posted on the Investor Relations portion of the company's website at WiSA Technologies.
About WiSA Technologies, Inc.
On December 31, 2024, WiSA Technologies, Inc. closed its acquisition of Datavault® and ADIO® intellectual property and information technology assets of privately held Data Vault Holdings Inc.® and will be changing its name to Datavault Inc. in January 2025. Data Vault Holdings Inc. is a technology holding company that provides a proprietary, cloud-based platform for the delivery of blockchain objects. Data Vault Holdings Inc. provides businesses with the tools to monetize data assets securely over its Information Data Exchange® (IDE). Learn more about Data Vault Holdings Inc. at www.datavaultsite.com.
Cautionary Note Regarding Forward-Looking Statements
This press release of WiSA Technologies contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, include, among others, the Company’s expectations with respect to the completed asset purchase (the “Asset Purchase”), including statements regarding the benefits of the Asset Purchase, the implied valuation of the Company, the products offered by the Company and the markets in which it operates, and the Company’s projected future results and market opportunities, as well as information with respect to WiSA’s future operating results and business strategy. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of factors, including, but not limited to: (i) risks and uncertainties impacting WiSA’s business including, risks related to its current liquidity position and the need to obtain additional financing to support ongoing operations, WiSA’s ability to continue as a going concern, WiSA’s ability to maintain the listing of its common stock on Nasdaq, WiSA’s ability to predict the timing of design wins entering production and the potential future revenue associated with design wins, WiSA’s ability to predict its rate of growth, WiSA’s ability to predict customer demand for existing and future products and to secure adequate manufacturing capacity, consumer demand conditions affecting WiSA’s customers’ end markets, WiSA’s ability to hire, retain and motivate employees, the effects of competition on WiSA’s business, including price competition, technological, regulatory and legal developments, developments in the economy and financial markets, and potential harm caused by software defects, computer viruses and development delays, (ii) risks related to WiSA’s ability to realize some or all of the anticipated benefits from the Asset Purchase, any risks that may adversely affect the business, financial condition and results of operations of WiSA after the completion of the Asset Purchase, including but not limited to cybersecurity risks, the potential for AI design and usage errors, risks related to regulatory compliance and costs, potential harm caused by data privacy breaches, digital business interruption and geopolitical risks, and (iii) other risks as set forth from time to time in WiSA’s filings with the U.S. Securities and Exchange Commission. The information in this press release is as of the date hereof and neither the Company nor Datavault undertakes any obligation to update such information unless required to do so by law. The reader is cautioned not to place under reliance on forward looking statements. The Company does not give any assurance that the Company will achieve its expectations.
Contacts
David Barnard, Alliance Advisors Investor Relations, 415-433-3777, dbarnard@allianceadvisors.com