Business Context and Reporting Period
This Form 8-K reports on the 2022 Annual Meeting of Stockholders held by WiSA Technologies, Inc. (Note: The input metadata references "Datavault AI Inc.", but the filing text explicitly identifies the registrant as WiSA Technologies, Inc., trading under the symbol WISA on the Nasdaq Capital Market). The report date is August 23, 2022, covering events occurring on August 19, 2022.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report regarding corporate governance and voting results, not a financial statement.
Material Changes and Voting Results
As of the record date (June 21, 2022), there were 16,869,822 shares of Common Stock outstanding. A quorum was established with 9,919,511 shares present. The following proposals were voted upon:
- Proposal 1 (Election of Directors): All eight nominees were elected. Significant broker non-votes (4,551,013) were recorded for each nominee.
- Proposal 2 (Ratification of Auditors): Stockholders ratified the appointment of BPM LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2022.
- Proposal 3 (Technical Team Retention Plan): Stockholders approved the adoption of the Company's Technical Team Retention Plan of 2022.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, future outlook, management commentary on operations, specific risks, or contingencies. The document focuses solely on the certification of voting results.
Investor Verification Checklist
- Verify the correct registrant name is WiSA Technologies, Inc., not Datavault AI Inc.
- Review the Definitive Proxy Statement filed on June 23, 2022, for detailed descriptions of the director nominees and the Technical Team Retention Plan.
- Confirm the high volume of broker non-votes (4,551,013) regarding the election of directors and the retention plan.
- Check subsequent filings for the financial performance of the fiscal year ending December 31, 2022, as audited by BPM LLP.