WiSA Delays Release of Q3 Earnings Report To Consider Alternatives
WiSA Technologies postponed its Monday earnings call, saying about an hour before it was scheduled to begin that it requested to delay its 10-Q report for the term ended Sept. 30 in consideration of its “previously announced and ongoing exploration…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
of strategic alternatives.” At the end of last month, the struggling audio company said it was considering “a wide range of options (see 2210310006),” including raising capital, an acquisition, sale of assets, merger, business combination, joint venture and licensing. The delay in releasing the Q3 report “is not a result of any disagreements with its auditor concerning the financial results,” the company said. It tentatively rescheduled the Q3 earnings call for Monday.