Datavault AI Inc. — Director's Dealing 2018

Jul 27, 2018

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Summit Semiconductor Inc. (WISA)
CIK: 0001682149
Period of Report: 2018-07-27

Reporting Person: Medalist Partners LP (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1970348	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrant (Right to Buy)	$3.60	2023-11-30	Common Stock (222222)		Indirect
Warrant (Right to Buy)	$3.00	2023-04-20	Common Stock (92600)		Indirect
Warrant (Right to Buy)	$3.00	2023-06-14	Common Stock (18520)		Indirect
Warrant (Right to Buy)	$3.00	2023-06-25	Common Stock (69450)		Indirect
Warrant (Right to Buy)	$3.00	2023-06-28	Common Stock (541668)		Indirect

Footnotes

F1: These securities of Summit Semiconductor, Inc. (the "Company") are held in equal portions by Medalist Partners Harvest Master Fund, Ltd. and Medalist Partners Opportunity Master Fund A, L.P. (together, the "Medalist Funds"), each of which is managed by Medalist Partners LP ("Medalist"). Medalist does not individually hold or otherwise beneficially own any of these securities. Each of the Medalist Funds has delegated to Medalist the power to vote and the power to direct the disposition of these securities held by the Medalist Funds. Medalist disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein

F2: These warrants are currently exercisable but contain a provision prohibiting exercise to the extent that the holder, together with its affiliates, would beneficially own in excess of 9.99% of the number of shares of the Company's common stock outstanding immediately after giving effect to such exercise, subject to increase or decrease upon prior written notice to the Company, in the case of any increase, of not less than 61 days.