WiSA Technologies closed its purchase of Datavault intellectual property and information technology assets of privately held Data Vault on December 31, 2024. In conjunction with the closing, WiSA issued 40M shares of restricted common stock, par value $0.0001 per share, to Data Vault; Nathaniel Bradley was named CEO and director; and Brett Moyer assumed a new role as CFO while remaining a director. WiSA Technologies plans to change its name to Datavault in mid-January, concurrent with a planned change of its Nasdaq ticker symbol to (ADIO). The company will continue to trade under the Nasdaq ticker symbol (WISA) until such time as the new ticker symbol is announced.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WISA:
- WiSA Technologies to acquire CompuSystems, terms undisclosed
- WiSA Technologies Announces Major Acquisition and Rebranding
- WiSA Technologies receives stockholder approval to purchase Datavault assets
- Data Vault Holdings expands ADIO market reach with CompuSystems deal
- WiSA Technologies Extends Warrants Deadline and Restructures Leadership