WiSA Technologies Soars After $210 Million Acquisition of Data Vault Assets
Wednesday, 4 September 2024, 09:41
Details of the Acquisition
In a major acquisition, WiSA Technologies has agreed to buy the assets of Data Vault for $210 million. The deal is structured to include 40 million shares issued at an attractive price of $5 each, plus a $10 million note.
Impact on Market Position
This acquisition positions WiSA Technologies to enhance its portfolio significantly and expand its market presence in the technology landscape.
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