Summit Wireless Technologies, Inc.: management transactions · United States · SEC (Form 4)

About Summit Wireless Technologies, Inc.

Summit Wireless Technologies, Inc. is a U.S.-listed technology company quoted on the NASDAQ market in the United States and, in recent SEC filings, identified as WiSA Technologies, Inc. The company was originally formed in Delaware on July 23, 2010, later changed its name to Summit Wireless Technologies in September 2018, and then adopted the WiSA Technologies name in March 2022. Its corporate headquarters has been disclosed in Beaverton, Oregon, placing it within a strong U.S. ecosystem for semiconductors, consumer electronics, and audio technology. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1682149/000141057824000412/wisa-20231231x10k.htm?utm_source=openai)) The company’s core business centers on immersive wireless audio technology. Historically, Summit/WiSA developed and commercialized proprietary modules and software enabling high-quality multichannel audio transmission to speakers, soundbars, and home theater systems. Over time, the business model evolved toward intellectual-property licensing, with the goal of monetizing its technology through partnerships with audio manufacturers and consumer electronics vendors. Its activities have therefore combined, depending on the period, module/component sales, technology licensing, and more recently audio products and related solutions for resellers and consumers. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1682149/000141057824000412/wisa-20231231x10k.htm?utm_source=openai)) From a competitive standpoint, the company occupies a niche position in wireless multichannel sound and spatial audio for smart TVs and next-generation home entertainment systems. Its main differentiator is the WiSA-branded technology stack, designed to deliver premium audio without the complexity of traditional cabling. In a market dominated by large audio groups and competing wireless connectivity standards, Summit/WiSA’s strategic edge depends on broadening OEM adoption and converting its technical lead into recurring licensing revenue. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1682149/000141057824000412/wisa-20231231x10k.htm?utm_source=openai)) Geographically, the company remains primarily U.S.-centered, with headquarters in Oregon and historical references to operations and entities in Japan. Recent SEC disclosures show a series of strategic adjustments, including name changes, financing activities, and Nasdaq compliance efforts. In 2024, the company reported progress on WiSA E, its next-generation software platform, and regained compliance with Nasdaq’s minimum bid-price requirement in April 2024. In October 2024, it disclosed strong sequential revenue growth tied to commercialization with a multinational licensee. In January 2025, WiSA announced the acquisition of intellectual-property assets from Data Vault Holdings, signaling a strategic expansion beyond wireless audio alone. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1682149/000141057824000930/wisa-20240331x10q.htm?utm_source=openai)) For investors, this should be viewed as a speculative small-cap technology story on NASDAQ in the United States, with meaningful execution, financing, and share-price volatility risk, but also with optionality around the monetization of proprietary audio IP through licensing and partnerships. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1682149/000141057824000412/wisa-20231231x10k.htm?utm_source=openai))