WiSA Technologies Reschedules Q3 2022 Conference Call
15 November 2022 - 8:01AM
Business Wire
- Requests Delay in Filing Q3 2022 10-Q -
WiSA Technologies, Inc. (Nasdaq: WISA), a developer of spatial,
wireless sound technology for smart devices and next-generation
home entertainment systems, has requested to delay filing its
Quarterly Report on Form 10-Q for the quarter ended September 30,
2022. The delay in filing has been requested in consideration of
the Company’s previously announced and ongoing exploration of
strategic alternatives and is not a result of any disagreements
with its auditor concerning the financial results. As a result of
this delay, the Company has tentatively rescheduled its quarterly
results conference call for November 21, 2022.
About WiSA Technologies, Inc.
WiSA Technologies (Nasdaq: WISA) develops, markets, and sells
spatial audio wireless technology for smart devices and
next-generation home entertainment systems. Its consortium—the WiSA
Association—works with leading consumer electronics companies,
technology providers, retailers, and industry partners to make
spatial audio an experience that everyone can enjoy. The Company is
headquartered in Beaverton, OR. For more information, please visit:
www.wisatechnologies.com.
© 2022 WiSA Technologies Inc. All rights reserved. WiSA
Technologies Inc. and the WiSA Technologies Inc. logo are
trademarks of WiSA Technologies Inc. The WiSA logo, WiSA®, WiSA
Ready™, and WiSA Certified™ are trademarks and certification marks
of WiSA, LLC. Third-party trade names, trademarks and product names
are the intellectual property of their respective owners.
Safe Harbor Statement
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. Our actual results,
performance or achievements may differ materially from those
expressed or implied by these forward-looking statements. In some
cases, you can identify forward-looking statements by the use of
words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,”
“anticipate,” “believe,” “estimate,” “predict,” “potential,”
“continue,” “likely,” “will,” “would” and variations of these terms
and similar expressions, or the negative of these terms or similar
expressions. Such forward-looking statements, including statements
herein regarding revenue growth, production, stores and launches,
are necessarily based upon estimates and assumptions that, while
considered reasonable by us and our management, are inherently
uncertain. As a result, 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 risks and uncertainties impacting WiSA
Technologies’ business, including current macroeconomic
uncertainties associated with the COVID-19 pandemic; our inability
to predict or measure supply chain disruptions resulting from the
COVID-19 pandemic and other drivers; our ability to predict the
timing of design wins entering production and the potential future
revenue associated with our design wins; our rate of growth; our
ability to predict direct and indirect customer demand for our
existing and future products and to secure adequate manufacturing
capacity; our ability to hire, retain and motivate employees; the
effects of competition, including price competition within our
industry segment; technological, regulatory and legal developments
that uniquely or disproportionately impact our industry segment;
developments in the economy and financial markets and other risks
detailed from time to time in WiSA Technologies’ filings with the
Securities and Exchange Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20221114005769/en/
David Barnard, LHA Investor Relations, 415-433-3777,
wisa@lhai.com
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