Summit Wireless Technologies (WISA) Prices 2M Share Common Offering at $3.25/Sh

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Summit Wireless Technologies Announces Pricing of $6.5 Million Underwritten Public Offering

April 21, 2020 9:15 AM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Summit Wireless Technologies, Inc. (Nasdaq: WISA) (the Company or Summit Wireless), a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems, announced today the pricing of an underwritten public offering of 2,000,000 shares of its common stock (or pre-funded common stock purchase warrants to purchase common stock in lieu thereof) and common stock purchase warrants to purchase up to an aggregate of 2,000,000 shares of the Companys common stock. Each share of common stock or pre-funded common stock purchase warrant is being sold... More