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 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.