Thursday, 26 September 2024

WiSA Technologies, Inc. (NASDAQ: WISA) Rides Momentum – Flashes 17 Bullish Signals After Announcement with $4.5B CLEAR

Market Crux Announces WiSA Technologies, Inc. (NASDAQ: WISA) as Our Next “AI” Profile.


WiSA Technologies, Inc. (NASDAQ: WISA) Comes Backed by Several Potential Catalysts Including: 


Strong Momentum: Trending above 5-day, 20-day, and 50-day moving averages.


Low Float, High Volatility: Fewer than 4.1M shares, with a 182% move in under 24 hours after major news.


Analyst Target: Over 614% potential upside suggested by Ascendiant Capital Markets analyst Edward Woo.


Strategic Merger: Proposed merger with Datavault® leveraging blockchain and AI.


Expanding Market: Positioned in a sector expected to reach $2T by 2027.


Robust IP Portfolio: Over 67 patents in blockchain, AI, and acoustic science.


Proven SaaS Model: High-margin SaaS licensing for recurring global revenue.


Pull Up WiSA Technologies, Inc. (NASDAQ: WISA) Before This Morning.







September 26, 2024



Dear Reader,



WiSA Technologies, Inc. (NASDAQ: WISA) is trending near or above several key moving averages, showing strong momentum. 


Here's a quick look at the current figures:


5-day average: $1.92

20-day and 50-day averages: $1.96

100-day average: $2.34

200-day average: $6.06


As of yesterday, (WISA) was triggering 17 Bullish Signals on TradingView's technical analysis tool in the 5-minute time frame, reinforcing the potential for continued momentum. 


This comes on the heels of WiSA Technologies, Inc. (NASDAQ: WISA)’s exciting partnership with $4.5B identity giant CLEAR. 


Don't wait on adding (WISA) to your watchlist!


Keep reading to see why.


WiSA Technologies, Inc. (NASDAQ: WISA) has just announced a groundbreaking partnership with CLEAR, a $4.5B company, to power Data Vault Holdings' Know Your Customer (KYC) solution. 


This collaboration is a major milestone for (WISA), whose market cap is under $12M, aligning them with a global leader in identity verification. 


CLEAR, with over 25 Mln members and a growing network of partners worldwide, is transforming how people live, work, and travel by creating frictionless, secure experiences. 


By integrating CLEAR’s trusted identity platform, Data Vault Holdings will provide enhanced KYC security, particularly in the expanding NIL market, ensuring that digital identities are protected and verified seamlessly. 


This partnership is poised to elevate WiSA’s presence in the fast-growing KYC and AML sector, projected to more than double by 2028, highlighting the company's role in the evolving digital economy.


See full story here.


With a combination of cutting-edge technology and a strategic merger on the horizon, the pieces are coming together in a way that could define the future of data monetization.


Kicking things off, here are 3 strong reasons to keep WiSA Technologies, Inc. (NASDAQ: WISA) on your watchlist this morning…


1. Positive Technical Indicators: Currently trending above both its 5-day, 20-day, and 50-day moving averages, (WISA) is showing the potential for continued momentum.


2. Low Float , High Potential: With fewer than 4.1M shares in the public float, (WISA) has shown significant swings, moving approximately 182% in under 24 hours following major news.


3. Analyst Target: Ascendiant Capital Markets LLC analyst Edward Woo, CFA, has projected a target suggesting over 614% potential upside, making WiSA Technologies, Inc. (NASDAQ: WISA) one company to keep an eye on.


With the Blockchain Data & AI Web 3.0 sectors expected to hit $2T within the next three years, recent acquisition news, and less than 4.1M shares available in the public float, WiSA Technologies, Inc. (NASDAQ: WISA) stands out.

Such a low float can set the stage for big swings on positive news. 

For example, after announcing its proposed business combination with Datavault®, Inc., shares of (WISA) moved approximately 182% in less than 24 hours. 


Currently, according to Barchart, the company is:

  • Trending above its 5-Day Moving Average - $1.80
  • Trending above its 20-Day Moving Average - $1.92
  • Trending above its 50-Day Moving Average - $.196

On top of that, an analyst from Ascendiant Capital Markets LLC, Edward Woo, CFA, has set a target suggesting over 614% upside potential, making WiSA Technologies, Inc. (NASDAQ: WISA) one company to keep a close eye on.

Keep reading to see why WiSA Technologies, Inc. (NASDAQ: WISA) needs to be on your radar…


WiSA Technologies, Inc. (NASDAQ: WISA) and Datavault®: A Strategic Alliance to Reshape Data Monetization in Web 3.0 and Beyond

At the recent conference, WiSA Technologies, Inc. (NASDAQ: WISA) made waves by announcing a proposed business combination with Datavault®, Inc. 


This merger has the potential to revolutionize data monetization, leveraging blockchain technology, artificial intelligence, and Web 3.0 applications. 


The newly formed company, tentatively named "Datavault, Inc.," will combine WiSA’s extensive public company infrastructure and spatial audio IP software with Datavault’s established success in monetizing intellectual property (IP). 


Together, they aim to dominate the high-performance computing (HPC), blockchain data, and AI markets.


Key Highlights of the Proposed Combination


Merging Strengths for the Future of Digital Asset Monetization


WiSA Technologies, Inc. (NASDAQ: WISA) has built a strong reputation for its innovations in spatial audio, with a global customer base and 26 patents


By merging with Datavault, WiSA gains access to an expansive portfolio of IP assets, including over 41 patents valued at between $180M and $320M. 


Datavault has a proven track record in successfully monetizing IP across multiple industries, and this merger will propel both companies into the rapidly growing $2T market for blockchain data and AI by 2027.


The merger goes beyond just combining IP portfolios. The newly formed entity will focus on licensing HPC software for various industries, including sports, entertainment, biotech, fintech, real estate, and healthcare. 


Together, WiSA Technologies, Inc. (NASDAQ: WISA) and Datavault will offer cutting-edge solutions like Digital Twins, tokenization, and AI-powered automation, with a sharp emphasis on privacy, customization, and data security.


A Patent-Powered Partnership

At the heart of this merger is a robust IP strategy. The combined entity will boast over 67 patents covering critical technologies like decentralized blockchain, AI, cry-pto anchors, and acoustic science. 


These patents enable the company to lead in high-demand markets by providing industry-specific innovations, such as multi-channel wireless transmission and advanced spatial sound systems.


Datavault has a well-documented process for identifying growth markets, filing stealth patents, and proving market viability before monetizing.This strategy will be crucial in unlocking the full value of their combined IP assets, with potential to apply these technologies across multiple sectors.


A High-Margin SaaS Licensing Model for Scalable Growth

One of the most exciting outcomes of this merger is the introduction of a Software as a Service (SaaS) licensing model


Datavault has already proven the success of this model, which generates recurring revenue through annual and transactional licensing fees. 


By leveraging this model across global markets, the newly formed company will quickly scale its business operations.


Central to this strategy is Datavault’s Information Data Exchange® (IDE) platform, which enables the creation of Digital Twins. 


These Digital Twins tokenize real-world assets, making them traceable and monetizable on blockchain-powered marketplaces. 

With applications in sports venues, real estate, and beyond, the IDE platform will drive substantial growth for the company.


Real-World Applications: Transforming Multiple Industries


The merger is expected to have a wide-ranging impact on several key industries. 


In the sports and entertainment sector, the company will offer licensing for tokenized Name, Image, and Likeness (NIL) contracts. 



Using tokenized smart contracts, athletes and entertainers can generate perpetual revenue streams from their digital assets.

The integration of holograms, CGI, and AI voice likenesses will further enhance the monetization of these assets.


In education, Datavault has developed the VerifyU™ platform, which leverages patented sonic data verification technology to ensure the security and authenticity of student credentials. This innovation will create new revenue streams for universities while ensuring the integrity of their graduates' credentials.


In addition to sports, entertainment, and education, the merger’s technologies will also be applicable to biotech, real estate, fintech, and healthcare, allowing these industries to capitalize on the growing demand for AI-driven data ownership and monetization.


The terms of the merger include a $210M asset purchase agreement, where WiSA Technologies, Inc. (NASDAQ: WISA) will acquire Datavault and ADIO’s IP and IT assets. Of this total, $200M will be issued as restricted common stock of WiSA, while the remaining $10M will be structured as a promissory note. 



WiSA Technologies, Inc. (NASDAQ: WISA) shareholders are expected to vote on the deal by the end of 2024, with the closing anticipated before the year’s end.


Following the merger, the combined company will rebrand as Datavault, Inc. Nathaniel T. Bradley, co-founder and CEO of Datavault, will assume the role of CEO, while Brett Moyer, current CEO of WiSA, will become CFO.

This leadership team, combined with a vast patent portfolio and proven monetization strategies, positions the company for success in the rapidly expanding blockchain and AI markets.


The proposed merger between WiSA Technologies, Inc. (NASDAQ: WISA) and Datavault aims to transform how industries generate value from data.


By leveraging cutting-edge technologies like AI, blockchain, and Web 3.0, the newly formed Datavault, Inc. will be uniquely positioned to capitalize on the emerging digital asset economy. 


With a strong patent portfolio, a proven SaaS licensing model, and applications spanning sports, entertainment, biotech, and more, this merger marks the beginning of an exciting new chapter in digital innovation.

Recent Developments

Yesterday, WiSA Technologies, Inc. (NASDAQ: WISA) announced the launch of VerifyU, a groundbreaking academic credential verification platform developed in collaboration with Arizona State University (ASU) and its Luminosity Lab. 


VerifyU leverages blockchain and artificial intelligence to offer secure, real-time verification of academic credentials, providing a streamlined and tamper-proof system for students, educational institutions, and employers.


By utilizing VerifyU, institutions like ASU can drastically reduce the time and costs associated with traditional verification processes while enhancing the credibility and security of academic records. 


The platform ensures immediate access to verified credentials, addressing key issues in the global education market, where up to 70% of applicants have been found to falsify information on their resumes. 


This provides a much-needed solution for both educational institutions and employers seeking trustworthy and efficient methods to confirm qualifications.


ASU's Executive Director of the Knowledge Enterprise, Mark Naufel, praised the platform for setting a new standard in academic verification, stating that VerifyU is a practical, scalable solution for the education sector. 


Datavault CEO Nathaniel Bradley also emphasized the platform’s ability to provide lifetime access to verified credentials for students, further simplifying the verification process.


Looking ahead, Datavault plans to license VerifyU to 20 to 30 educational institutions by 2025, positioning the platform to make a significant impact in the global education verification market, which is projected to grow to $177B by 2030. 


As digital badges and micro-credentials gain prominence, VerifyU ensures that academic achievements are easily accessible, fully secure, and trusted by all stakeholders involved.


7 reasons why WiSA Technologies, Inc. (NASDAQ: WISA) needs to be on your watchlist this morning…


1. Strong Technical Momentum: WiSA Technologies, Inc. (NASDAQ: WISA) is currently trending above its 5-day, 20-day, and 50-day moving averages, which indicates sustained positive momentum and technical strength.


2. Low Float, High Volatility Potential: With fewer than 4.1M shares in the public float, WiSA Technologies, Inc. (NASDAQ: WISA) has the potential for big price swings. For example, after major news, it moved approximately 182% in under 24 hours.

 

3. Analyst Target:  An analyst from Ascendiant Capital Markets LLC, Edward Woo, CFA, has set a target that suggests over 614% potential upside from yesterdays’ close of $1.96 , making WiSA Technologies, Inc. (NASDAQ: WISA) a company to monitor closely.


4. Strategic Merger: The proposed merger with Datavault® has the potential to redefine data monetization by leveraging blockchain and AI technology, positioning WiSA Technologies, Inc. (NASDAQ: WISA) to tap into fast-growing, high-tech markets.


5. Expanding Market Potential: WiSA Technologies, Inc. (NASDAQ: WISA) operates in a sector expected to reach $2T by 2027, particularly in the rapidly growing blockchain data and AI segments, aligning perfectly with its strategic initiatives.


6. Robust Intellectual Property Portfolio: WiSA Technologies, Inc. (NASDAQ: WISA)’s merger with Datavault® combines more than 67 patents covering decentralized blockchain, AI, and acoustic science technologies, positioning the company to dominate in multiple high-tech sectors.


7. Proven SaaS Model for Recurring Revenue: WiSA Technologies, Inc. (NASDAQ: WISA), through its merger with Datavault®, will adopt a high-margin Software as a Service (SaaS) licensing model, allowing the company to generate recurring revenue streams and scale operations globally across industries like healthcare, real estate, and sports.


As WiSA Technologies, Inc. (NASDAQ: WISA) continues to innovate and push boundaries, it is clear that the company is leading a technological shift in digital asset transformation. 


Combining spatial audio expertise with Datavault’s cutting-edge blockchain and AI technologies, As WiSA Technologies, Inc. (NASDAQ: WISA) is strategically positioning itself to make an impact across multiple industries. Its expansive portfolio of over 67 patents showcases the company’s potential to dominate key sectors, while the introduction of a sustainable SaaS model ensures a clear path to consistent growth.

With a projected $2T market for block-chain data and AI, As WiSA Technologies, Inc. (NASDAQ: WISA)’s market influence is poised to expand further. Its ability to apply its innovations in sectors such as education, healthcare, and entertainment highlights its adaptability and broad reach. The company’s strong leadership, equipped with a proven track record of IP commercialization, continues to drive forward momentum. 


Solutions like Digital Twins, tokenized assets, and the recently launched VerifyU platform demonstrate As WiSA Technologies, Inc. (NASDAQ: WISA)’s focus on addressing real-world challenges with forward-thinking technologies. 


WiSA Technologies, Inc. (NASDAQ: WISA) continues to show strong technical momentum, trending above key moving averages.


With its low float of fewer than 4.1M shares, there's the potential for big swings, such as an approximate 182% move in under 24 hours. Coupled with an analyst target suggesting over 614% potential upside, WiSA Technologies, Inc. (NASDAQ: WISA) is certainly a company to keep on your radar.  


In fact, we’re officially initiating coverage on WiSA Technologies, Inc. (NASDAQ: WISA) right now.


Make sure (WISA) is at the top of your watchlist this morning.


I’ll check back in with you shortly.

Sincerely,


Gary Silver

Managing Editor,

MarketCrux

MarketCrux (MarketCrux . com) is owned by Headline Media LLC, a limited liability company. Disclosure: I am not a lice.nsed finan.cial adviser. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. MarketCrux full disclosure is to be read and fully understood before using MarketCrux website, or joining MarketCrux's email or text list. By viewing MarketCrux website and/or reading MarketCrux email or text newsletter you are agreeing to MarketCrux full disclosure which can be read at marketcrux.com/disclaimer

Pursuant to an agreement between Headline Media LLC and TD Media LLC, Headline Media LLC has been hired by TD Media LLC for a period beginning on 09/25/2024 and ending on 09/26/2024 to publicly disseminate information about (WISA:US) via digital communications. Headline Media LLC has been paid an additional seven thousand five hundred USD (“Funds”) to disseminate information about (WISA:US) via digital communications. To date Headline Media LLC has been paid twenty thousand USD (“Funds”). These Funds were part of the funds that TD Media, LLC received from a third party who does not own stock in the issuer. Neither Headline Media LLC nor TD Media LLC own shares of (WISA:US). Please see important disclosure information here: https://marketcrux.com/wisa-disclosure-1773/

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