(Nasdaq: WISA) needs immediate attention this AM. Here's why.

StockWireNews

Nasdaq Profile (WISA) Announces Q1 Call Next Week (Tiny Float Idea On Breakout Watch Now!)

May 15th

Greetings Readers,

(Nasdaq: WISA) needs immediate attention this AM. Here's why.

Earlier this morning, the company dropped this press release which could provide a major spark ahead of any potential good Q1 news.

Take a look: WiSA Technologies, Inc. to Host First Quarter 2024 Results Conference Call...

Why is this important? If there are positive results, WISA could draw down a ton of breakout buzz from across the markets.

And if that happens, it could turn WISA into a volatile situation in an instant.

Remember, WISA is a low float idea with roughly 1.58Mn shares in its float according to Yahoo Finance.

That means when a potential catalyst like positive news presents itself, WISA could turn into a volatile mover like we saw last month when it erupted over 300% in a 2-day span.

Take a quick moment to review my initial report below and get (Nasdaq: WISA) front and center quickly.

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We're on immediate breakout watch right now!

Why? A low float. Like, a really low float.

Clocking in with fewer than 2Mn shares in its float, according to Yahoo Finance, this Nasdaq profile could become an explosive proposition at the drop of a hat.

In fact, explosive may be an understatement. Very recently, this tech
innovator alert surged over 300% in the span of 2 days.

2 friggin' days! Over 300%!

Now, do we expect that to happen again this week? Nothing is certain. But this is...

The company recently entered into an opportunistic partnership and announced a transformative licensing agreement that could start grabbing Wall Street's full attention.

And if that happens... Well... Let me refer you back to this Nasdaq profile's minuscule float!

Right now, it's critical to clear your schedule and pull up:

*WiSA Technologies, Inc. (WISA)*

WiSA Technologies, Inc. is a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems.

Wireless Audio Device Market Projected To Achieve Robust Growth

The wireless audio device market has witnessed remarkable growth in recent years, fueled by advancements in technology and changing consumer preferences.

These devices have revolutionized the way people listen to music, watch movies, and communicate, as they offer the convenience of untethered audio experiences.

In fact, the market has experienced substantial growth in both size and revenue.

This expansion can be attributed to the increasing demand for portable and wireless audio solutions across various applications.

The market for wireless audio devices was valued at $7.26Bn in 2022, and by the end of 2033, it is expected to grow to $47.37Bn.

What Is Multi-Channel Spatial Audio?

Spatial audio refers to an audio experience that uses multiple and separate channels of audio played back on multiple discrete speakers to create an immersive audio experience that leverages a 360- degree space.

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WiSA powers a wireless spatial audio experience, enabling the transmission of multi-channel, uncompressed audio streams to deliver an immersive spatial audio experience without the need for a traditional wired solution.

Where Does WiSA Fit Into The Spatial Audio Ecosystem?

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Home Entertainment Brands

From speakers and audio transmitters to TVs, products that use WiSA technology deliver superior wireless, high-definition sound.

Meet a few members of the WiSA Association:

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Grab Sources And More: WISA Website. WISA Presentation.

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And right now, WISA has several explosive potential catalysts to familiarize yourself with. Take a look:

No. 1 WISA Potential Catalyst - The Potential For Explosive Volatility Could Reign Supreme Based On WISA's Tiny Float.

According to info from Yahoo Finance's website, WISA has a tiny float.

The website reports this profile to have roughly 1.58Mn shares in its float.

Why is that figure important? It's important on one crucial level. Volatility.

Could more positive company news in the first half of 2024 provide a near term spark?

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No. 2 WISA Potential Catalyst - A Strategic Partnership With A Leading South Korean-based Manufacturer Could Lead To Accelerated Deployment of WiSA E-enabled Speakers.

CITECH Announces MOU with WiSA Technologies to Integrate WiSA E into its HiFi ROSE Line of Media Streamers

BEAVERTON, Ore., May 09, 2024--(BUSINESS WIRE)--WiSA Association, a subsidiary of WiSA Technologies, Inc. (Nasdaq: WISA) and a leading innovator in wireless audio technology for intelligent devices and next-generation home entertainment systems, and CITECH Co., Ltd (004920.KS), a leading South Korean-based manufacturer of hi-fi audio products, digital advertising/information kiosks, and telecommunication media products, today announced the two companies have entered into a strategic partnership designed to integrate WiSA’s powerful WiSA E software into CITECH’s HiFi ROSE line of media streamers. Additionally, CITECH plans to develop a receiver module that the company will market to its partner speaker companies to accelerate the deployment of WiSA E-enabled speakers. The combination of WiSA E receiver module along with WiSA E-enabled HiFi ROSE media streamer ensures seamless delivery of WiSA’s high-quality wireless multichannel audio. ...

"We are proud to build WiSA E capabilities into our products and offer superb multichannel wireless audio to our customers," said Sean Kim, Chief Operating Officer, CITECH. "Our HiFi ROSE product line delivers world-class sound quality to listeners seeking the range, detail, and overall musicality of a true audiophile system in a single, easy-to-use product. WiSA E technology complements our brand promise of excellence and makes it easy for our customers to enjoy immersive audio out of the box."

CITECH plans a two-pronged approach to bringing WiSA E technology to market. Through their HiFi ROSE brand, CITECH will enable its media streamers to transmit up to 6 channels of wireless audio using the WiSA E transmitter technology. To seed the market with a number of WiSA E certified speakers, CITECH has developed a WiSA E receiver module that will be made available to CITECH’s numerous speaker partners for integration into speaker products.

"CITECH is an ideal partner for WiSA," said Tony Ostrom, president of the WiSA Association. "The company is focused on building an ecosystem of interoperable WiSA E certified speakers to complement their line of media streamers. We encourage any speaker system that wants to become part of the WiSA E ecosystem to contact CITECH; their receiver module is the perfect foundation for building WiSA E-certified speakers."

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Read the full article here.

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No. 3 WISA Potential Catalyst - A "Game-Changing" Licensing Deal Opens New Avenue For Revenue Generation.

WiSA Strikes Game-Changing Fifth WiSA E Licensing Deal with Global Consumer Electronics Leader

Licensing revenue will include royalty payments on transmitting (TX) software and engineering services; production targeted for the second half of 2024

BEAVERTON, Ore., April 18, 2024--(BUSINESS WIRE)--WiSA Technologies, Inc. (Nasdaq: WISA), a leading innovator in wireless audio technology for intelligent devices and next-generation home entertainment systems, announced today the signing of a WiSA E licensing agreement with a top-three consumer electronics leader in their category. By licensing WiSA E software and embedding WiSA E’s multichannel immersive audio functionality into their source devices, the licensee will eliminate the costly burden of additional hardware and will allow their end users to activate the embedded audio functionality by purchasing speakers designed to connect with the media device. Consumer-based activation of WiSA’s immersive audio opens a new avenue of revenue generation for the company.

"This is a game changer in the industry," said Brett Moyer, CEO of WiSA Technologies. "WiSA E will be used by a major CE manufacturer to embed high-quality immersive audio functionality in their devices – functionality that can be activated by the consumer in their home. This is significant because this new model seeds the market with WiSA E and gives the consumer the ability to upgrade their home entertainment system at any time they choose. With this model, WiSA has a built-in aftermarket revenue stream with each activation of its software. This is exactly why WiSA Technologies chose to convert its award-wi.nn.ing hardware into a software model."

Under the terms of the agreement, the Company’s licensing revenue will include royalty payments on its transmitting (TX) software tied to a user’s activation of WiSA’s embedded immersive audio functionality. The activation model enables manufacturers to cost-effectively build audio-rich features which can generate aftermarket revenue from the sale of external speakers. Production devices as a result of this agreement are expected in the market in the second half of 2024.

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Read the full article here.

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No. 4 WISA Potential Catalyst - Another Major HDTV Brand Recognizes Value of WiSA E Tech (Licensing Agreement Executed).

WiSA Inks Fourth HDTV/PTV License with Multi-Bn Dollar Revenue Company, Signaling Rapid Adoption for its WiSA E Immersive Audio Technology

Simple integration with Android-based TVs and projectors seeds market for interoperable WiSA E-enabled speakers and soundbars

BEAVERTON, Ore., April 16, 2024--(BUSINESS WIRE)--WiSA Association, a subsidiary of WiSA Technologies, Inc. (Nasdaq: WISA), announced today that it has executed its fourth 5-year WiSA E licensing agreement with a fourth major HDTV/PTV (Projection TV) brand. The WiSA E license allows the brand to integrate WiSA E software into its products, thereby offering consumers a variety of wireless immersive audio options including full interoperability with any of the WiSA E-enabled speakers offered by the many WiSA Association speaker brands.

"We are very pleased that yet another major HDTV brand recognizes the value of our WiSA E technology, as well as our licensing model for market deployment," said Tony Ostrom, president of the WiSA Association. "With four major TV brands onboard, the market is clearly validating both our technology and our vision of enabling every immersive audio source device with low-cost capability to deliver high-quality interoperable wireless audio to consumers. We continue to pioneer a new era of audio technology for high-quality, immersive audio experiences driven by an increase in demand for exceptional wireless audio solutions."

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Read the full article here.

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WISA Recap - Watch These 4 Potential Breakout Catalysts Closely

No. 1 - The Potential For Explosive Volatility Could Reign Supreme Based On WISA's Tiny Float.

No. 2 - A Strategic Partnership With A Leading South Korean-based Manufacturer Could Lead To Accelerated Deployment of WiSA E-enabled Speakers.

No. 3 - A "Game-Changing" Licensing Deal Opens New Avenue For Revenue Generation.

No. 4 - Another Major HDTV Brand Recognizes Value of WiSA E Tech (Licensing Agreement Executed).

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Coverage is officially initiated on (Nasdaq: WISA). I'll be in touch with updates moving forward. Talk soon.

Sincerely,

Kai Parker

StockWireNews


(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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