WiSA Technologies enters securities purchase agreement for about $750K

The company states: “On April 17, 2024, WiSA Technologies entered into a securities purchase agreement with certain purchasers, pursuant to which the Company agreed to issue and sell to such purchasers (a) in a registered direct offering, 225,834 shares of common stock, par value $0.0001 per share, of the Company, at an offering price of $3.321 per share, and (b) in a concurrent private placement, common stock purchase warrants exercisable for an aggregate of up to 225,834 shares of Common Stock, at an exercise price of $3.196 per share, for aggregate gross proceeds of approximately $750,000. The Offerings are expected to close on April 19, 2024, subject to customary closing conditions.”