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(Nasdaq: WISA) Shares Major Announcement Today With Game-Changing Potential (Low Float On Alert)
September 26th
Greetings Readers,
Turn complete attention to WiSA Technologies, Inc. (Nasdaq: WISA) right now.
This top tech profile, who is under a definitive asset purchase agreement with Data Vault Holdings, just shared this major announcement:
Data Vault Holdings Partners with CLEAR to Power its KYC (Know Your Customer) Solution
*Partnership to Address Growing KYC Needs in the NIL Era and Beyond*
NEW YORK, September 26, 2024--(BUSINESS WIRE)--Data Vault Holdings, Inc.®, which is under a definitive asset purchase agreement to sell its Datavault® and ADIO® IP and IT assets to WiSA Technologies, Inc. (NASDAQ: WISA) and is leading the way in data visualization, valuation, and monetization is proud to partner with CLEAR, the security identity platform, to power its Know Your Customer (KYC) solution.
By embedding CLEAR, Data Vault Holdings will further enhance security, compliance, and trust of its new user accounts. Data Vault secures NIL rights such as voice, appearance, and copyrighted material. Data Vault Holdings' Information Data Exchange provides a robust solution for different financial transactions, ensuring KYC processes are seamlessly integrated to protect the authenticity of digital identities, addressing a major concern in these platforms.
"At CLEAR, we believe identity is foundational across so many industries," said Andres Ricaurte, Head of Consumer and Financial Services at CLEAR. "We are partnering with Data Vault Holdings to deliver our secure, KYC compliant solution for its customers."
The need for advanced KYC solutions is growing rapidly, as identity protection and fraud prevention become critical in the evolving digital economy. Global AML and KYC spending is projected to grow from $3.1Bn in 2023 to $6.8Bn by 2028 at a compound annual growth rate (CAGR) of 17%, underscoring the urgency for secure and compliant processes. This collaboration is especially relevant in the expanding NIL landscape, where athletes, influencers, and individuals are increasingly monetizing their personal brands.
"Data Vault Holdings is proud to partner with a market leader like CLEAR, whose success and trusted partnerships have set a high standard in identity verification," said Nathaniel T. Bradley, CEO of Data Vault Holdings. "With the rise of the NIL market and the growing importance of KYC in revenue-generating activities, we are confident this collaboration will deliver industry-leading solutions for businesses and individuals alike."
Through this partnership, Data Vault Holdings will integrate its advanced digital twinning and data monetization technology with CLEAR's identity verification platform, further improving KYC accuracy and efficiency for all participants, including businesses in the NIL space, sports and entertainment, financial technology, education and beyond.
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Read the full article here.
With a float of fewer than 5Mn shares plus this huge news today, (Nasdaq: WISA) could become a volatile scenario in the blink of an eye.
Take a quick moment to review my initial report below and get (Nasdaq: WISA) on your radar quickly.
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A new breakout idea is about to hit your screen. And this one's different.
This Nasdaq tech profile is going through a transformational phase... And what comes out the other side may be an absolute game-changer.
I'll get more into those specifics below, but start wetting your beak with this knowledge.
2 different booming markets could be ready to see a new disruptor shake them up.
In fact a future $1+Tn block-chain data market and a future $750+Bn AI Web 3.0 market are now in this company's immediate crosshairs.
The potential for volatility is another major reason to watch this Nasdaq idea closely.
With a low float of fewer than 5Mn shares, this profile could become an explosive scenario. One look at this alert's 6-month chart, and you'll see multiple instances of $1.00+ intraday surges.
That isn't to say another $1.00+ intraday surge is going to happen this week, but with so few shares available in its float, volatility potential is a significant factor to track closely.
As this company gains momentum through recent licensing deals and sees increased demand for its proprietary technology, time could be ticking to get these guys front and center before Wall Street catches on to what's cooking here.
Drop what you're doing and pull up:
WiSA Technologies, Inc. (Nasdaq: WISA)
WiSA Technologies, Inc. is a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems.
And right now, WISA has several potential catalysts to familiarize yourself with. Take a look:
No. 1 - The Definitive Agreement That Could Change Everything For WiSA Technologies!
No. 2 - A Low Float Could Create A Volatile Environment Quickly.
No. 3 - Datavault's "VerifyU" Platform Could Provide Academic Institutions With Scalable Solutions.
No. 4 - WISA Continues To Roll As They Penetrate Large Share Of Android-Based HDTV Market.
No. 5 - An Explosive Chart History Displays WISA's Quick-Strike Potential.
But more on those in a second...
WiSA & Datavault® Proposed Business Combination
Proposed Business Combination Creates Significant Synergies
A proposed WiSA & Datavault® combination will create a data technology & licensing company leveraging IP & proprietary HPC software, enabling customers and strategic partners to monetize their Block-chain Data & AI Web 3.0 assets.
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