WiSA Technologies, Inc. ( (WISA) ) just unveiled an announcement.
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WiSA Technologies has received approval from its stockholders to issue 40 million shares of restricted common stock to Data Vault Holdings Inc. as partial consideration for the acquisition of certain intellectual property assets. This transaction is expected to transform WiSA into a data technology company named Datavault Inc., focusing on monetizing data in the Web 3.0 environment. The move will expand its operations across multiple industries, enhancing its market position and providing increased access to capital and resources to grow its business.
More about WiSA Technologies, Inc.
WiSA Technologies, Inc., listed on NASDAQ as WISA, operates in the technology and licensing industry. The company provides data technology solutions that enable clients to monetize Blockchain Data and AI Web 3.0 assets through tokenization, data ownership, and digital twins. WiSA Technologies is transitioning to become a data technology company after acquiring intellectual property assets from Data Vault Holdings Inc.
YTD Price Performance: -90.31%
Average Trading Volume: 526,745
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $14.13M
For a thorough assessment of WISA stock, go to TipRanks’ Stock Analysis page.
