Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. This press release contains forward-looking statements, which are not historical facts, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. For more information about WiSA, please visit: Forward-Looking Statements WiSA also combines robust, high definition, multi-channel, low latency surround sound with the simple setup of a soundbar. WiSA Certified™ components from any member brand can be combined to dramatically increase the enjoyment of movies and video, music, sports, gaming/esports, and more.
WiSA®, the Wireless Speaker and Audio Association, is a consumer electronics consortium dedicated to creating interoperability standards utilized by leading brands and manufacturers to deliver immersive sound via intelligent devices. For more information, please visit: About WiSA, LLC Summit Wireless is headquartered in San Jose, CA with sales teams in Taiwan, China, Japan, and Korea. Summit Wireless is a founding member of WiSA, the Wireless Speaker and Audio Association and works in joint partnership to champion the most reliable interoperability standards across the audio industry. Working with leading CE brands and manufacturers such as Harman International, a division of Samsung, LG Electronics, Klipsch, Bang & Olufsen, Xbox, a subsidiary of Microsoft, and others, Summit Wireless delivers seamless, dynamic audio experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. (NASDAQ: WISA) is a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems.
When available, copies of the prospectus supplement relating to the registered direct offering, together with the accompanying prospectus, can be obtained at the SEC's website at or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, or via email at or telephone at (212) 895-3745.
A prospectus supplement relating to the shares of common stock will be filed by Summit Wireless with the SEC.
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This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The offering of the shares of common stock will be made only by means of a prospectus supplement that forms a part of the registration statement. 333- 233433) previously filed and declared effective by the Securities and Exchange Commission (SEC). The shares of common stock are being offered pursuant to a shelf registration statement on Form S-3 (File No.
The offering is expected to close on or about July 27, 2021, subject to the satisfaction of customary closing conditions. Maxim Group LLC is acting as the sole placement agent for the offering. (Nasdaq: WISA) ('Summit Wireless Technologies' or the 'Company'), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems, today announced that it has entered into a securities purchase agreement with several institutional investors for the issuance and sale of 2,500,000 shares of its common stock at a price of $4.00 per share, for aggregate gross proceeds of approximately $10.0 million, in a registered direct offering priced at-the-market under Nasdaq rules. July 23, 2021-(BUSINESS WIRE)-Summit Wireless Technologies, Inc. Summit Wireless Technologies Announces Pricing of $10.0 Million Registered Direct Offering Priced At-The-Market
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