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    WiSA Technologies Inc. filed SEC Form 8-K: Financial Statements and Exhibits

    2/13/25 6:01:12 AM ET
    $WISA
    Semiconductors
    Technology
    Get the next $WISA alert in real time by email
    false 0001682149 0001682149 2025-02-13 2025-02-13 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    PURSUANT TO SECTION 13 OR 15(d)

    OF THE SECURITIES EXCHANGE ACT OF 1934

     

    Date of Report (Date of earliest event reported): February 13, 2025

     

    WISA TECHNOLOGIES, INC.

    (Exact name of registrant as specified in its charter)

     

    Delaware   001-38608   30-1135279
    (State or other jurisdiction
    of Incorporation)
      (Commission
    File Number)
      (IRS Employer
    Identification Number)

      

    15268 NW Greenbrier Pkwy

    Beaverton, OR

      97006
    (Address of registrant’s principal executive office)   (Zip code)

     

    (408) 627-4716

    (Registrant’s telephone number, including area code)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class   Trading symbol(s)   Name of each exchange on which
    registered
    Common Stock, par value $0.0001 per share   WISA   The Nasdaq Capital Market

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

     

    Emerging growth company ¨

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

     

     

     

     

     

    Item 9.01 Financial Statements and Exhibits.

     

    (a) Financial statement of business acquired

     

    The audited consolidated balance sheets of CompuSystems, Inc., a Texas corporation (“CSI”) as of December 31, 2023 and 2022, the related audited consolidated statements of income, comprehensive income, changes in shareholders’ equity, and cash flows of CSI for the years ended December 31, 2023 and 2022, the notes related thereto and the Independent Auditor’s Report, are attached hereto as Exhibit 99.1 and incorporated herein by reference.

     

    The unaudited balance sheet of CSI as of September 30, 2024, and statements of operations and stockholders’ equity and cash flows for the nine months ended September 30, 2024 and 2023, and the notes related thereto are attached hereto as Exhibit 99.2 and incorporated herein by reference. 

     

    (b) Pro forma financial information

     

    The unaudited pro forma combined condensed consolidated balance sheet of WiSA Technologies, Inc. as of September 30, 2024, and statements of operations for the nine months ended September 30, 2024, and year ended December 31, 2023, and the notes related thereto are attached hereto as Exhibit 99.3 and incorporated herein by reference.

     

    (d) Exhibits

     

    Exhibit
    No.
      Description
    23.1   Consent of BG Advisors CPA, LTD.
    99.1   Audited consolidated financial statements of CompuSystems, Inc. as of and for the years ended December 31, 2023 and 2022.
    99.2   Interim balance sheet of CSI as of and for the nine months ended September 30, 2024 and 2023.
    99.3   Unaudited pro forma condensed consolidated balance sheet of WiSA Technologies, Inc. as of September 30, 2024 and statements of operations for the nine months ended September 30, 2024 and year ended December 31, 2023.
    104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

     

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

     

    Date: February 13, 2025 WISA TECHNOLOGIES, INC.
         
      By: /s/ Nathanial Bradley
        Name: Nathanial Bradley
        Title: Chief Executive Officer

     

     

     

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