Datavault AI Inc DEFA14A, filed Apr 2, 2025
Datavault AI Inc. (DVLT)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 31, 2025
DATAVAULT AI INC.
(Exact name of registrant as specified in its charter)
| Delaware | 001-38608 | 30-1135279 | ||
| (State or other jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
|
15268 NW Greenbrier Pkwy Beaverton, OR |
97006 | |
| (Address of registrant’s principal executive office) | (Zip code) |
(408) 627-4716
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| x | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||
| Common Stock, par value $0.0001 per share | DVLT | The Nasdaq Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 1.01 | Entry into a Material Definitive Agreement. |
Third Amendment to Asset Purchase Agreement
As previously disclosed, on December 19, 2024, Datavault AI Inc. (the “Company”) entered into an asset purchase agreement, as amended by that certain amendment to the asset purchase agreement, dated as of December 30, 2024, and as further amended by that certain second amendment to the asset purchase agreement, dated as of February 25, 2025 (the “Asset Purchase Agreement”), with CompuSystems, Inc., a Texas corporation (“CSI”), pursuant to which the Company has agreed to purchase, assume and accept from CSI all of the rights, title and interests in, to and under the assets and interests used in the Acquired Business (as defined in the Asset Purchase Agreement), and products and services solely to the extent they utilize the Transferred Assets (as defined in the Asset Purchase Agreement), including CSI’s customer contracts, trademarks, and other intellectual property.
On March 31, 2025, the Company and CSI entered into a third amendment to the Asset Purchase Agreement (the “Third Amendment”). Pursuant to the Third Amendment, the parties agreed that the Company will inform the stockholders of the Company of the receipt of the Stockholder Consent (as defined in the Asset Purchase Agreement) by preparing and filing with the U.S. Securities and Exchange Commission (“SEC”), within fifteen (15) business days after the Company files its Annual Report on Form 10-K, an information statement with respect thereto.
The parties also agreed to amend the definition of Outside Date (as defined in the Asset Purchase Agreement) to mean May 15, 2025, after which the Asset Purchase Agreement may be terminated by any party if the closing shall not have consummated on or prior to such Outside Date.
Except as stated above, the Third Amendment does not make any other substantive changes to the Asset Purchase Agreement.
A copy of the Third Amendment is filed with this Current Report on Form 8-K (“Form 8-K”) as Exhibit 2.1 and is incorporated herein by reference, and the foregoing description of the Third Amendment is qualified in its entirety by reference thereto.
| Item 7.01 | Regulation FD Disclosure. |
On April 1, 2025, the Company issued a press release (the “Press Release”) announcing the latest business update to its stockholders. A copy of the Press Release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
The information in Exhibit 99.1 is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (as amended, the “Exchange Act”) or otherwise subject to the liabilities of that Section, and shall not be or be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. |
Description | |
| 2.1 | Third Amendment to the Asset Purchase Agreement. | |
| 99.1 | Press Release. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
Additional Information and Where to Find It
THIS FORM 8-K IS ONLY A BRIEF DESCRIPTION OF THE TRANSACTION. IT IS NOT A REQUEST FOR OR SOLICITATION OF A PROXY OR AN OFFER TO ACQUIRE OR SELL ANY SHARES OF COMMON STOCK. THE COMPANY INTENDS TO FILE A PROXY STATEMENT AND OTHER REQUIRED MATERIALS WITH THE SEC CONCERNING THE TRANSACTION. A COPY OF ALL FINAL PROXY MATERIALS WILL BE SENT TO STOCKHOLDERS PRIOR TO THE 2025 ANNUAL MEETING OF STOCKHOLDERS AT WHICH THE COMPANY’S STOCKHOLDERS WILL BE ASKED TO VOTE ON THE PROPOSALS DESCRIBED IN THE MATERIALS PROVIDED BY THE COMPANY. THE COMPANY URGES ALL STOCKHOLDERS TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE, AS WELL AS ALL OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, BECAUSE THOSE DOCUMENTS WILL INCLUDE IMPORTANT INFORMATION. A FREE COPY OF ALL MATERIALS THE COMPANY FILES WITH THE SEC AND PROXY STATEMENT, WILL BE AVAILABLE AT NO COST ON THE SEC’S WEBSITE AT WWW.SEC.GOV. WHEN THOSE DOCUMENTS BECOME AVAILABLE, THE PROXY STATEMENT AND OTHER DOCUMENTS FILED BY THE COMPANY MAY ALSO BE OBTAINED WITHOUT CHARGE BY DIRECTING A REQUEST TO DATAVAULT AI INC., 15268 NW Greenbrier Pkwy, Beaverton, OR 97006, ATTENTION: SECRETARY.
The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the transactions set forth herein. Information concerning such participants will be set forth in the proxy statement for the Company’s 2025 Annual Meeting of Stockholders, which will be filed with the SEC on Schedule 14A. To the extent that holdings of the Company’s securities change since the amounts printed in the Company’s proxy statement, such changes will be reflected on Statements of Change in Ownership on Form 4 or other filings filed with the SEC. Additional information regarding the interests of such participants in the solicitation of proxies in connection with the transactions set forth herein will be included in the proxy statement.
This Form 8-K shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transactions described herein. This Form 8-K shall not constitute an offer to sell, or the solicitation of an offer to buy, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or an exemption therefrom.
Cautionary Note Regarding Forward-Looking Statements
This report contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1955. These forward-looking statements include, without limitation, the Company’s expectations with respect to the proposed asset purchase, including statements regarding the benefits of the transaction, the anticipated timing of the transaction, the implied valuation of CSI, the products offered by CSI and the markets in which CSI operates, and the Company’s projected future results. Words such as “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside of the Company’s control and are difficult to predict. Factors that may cause actual future events to differ materially from the expected results, include, but are not limited to: (i) the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect the price of the Company’s securities, (ii) the failure to satisfy the conditions to the consummation of the transaction, including the adoption of the Asset Purchase Agreement by the stockholders of the Company, (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the Asset Purchase Agreement, (iv) the effect of the announcement or pendency of the transaction on the Company’s business relationships, performance, and business generally, (v) the inability to recognize the anticipated benefits of the transaction, which may be affected by, among other things, competition and the ability of the post-combination company to grow and manage growth profitability and retain its key employees, (vi) costs related to the asset purchase, (vii) the outcome of any legal proceedings that may be instituted against the Company or CSI following the announcement of the proposed asset purchase, (viii) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed asset purchase, and identify and realize additional opportunities, (ix) the risk of downturns and the possibility of rapid change in the highly competitive industries in which the Company and CSI operate, (x) the risk that any adverse changes in CSI’s relationships with buyer, sellers and distribution partners may adversely affect the predicted business, financial condition and results of operations, (xi) the risk that periods of rapid growth and expansion could place a significant strain on the Company’s resources, including its employee base, which could negatively impact the Company’s operating results, (xii) the risk that the Company may need to raise additional capital to execute its business plan, which many not be available on acceptable terms or at all, (xiii) the risk that third-parties suppliers and manufacturers are not able to fully and timely meet their obligations, and (xiv) the risk that the Company is unable to secure or protect its intellectual property. There may be additional risks that the Company presently do not know or that the Company currently believes are immaterial that could also cause results to differ from those contained in any forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: April 2, 2025 | DATAVAULT AI INC. | ||
| By: | /s/ Nathaniel Bradley | ||
| Name: | Nathaniel Bradley | ||
| Title: | Chief Executive Officer | ||
Exhibit 2.1
THIRD AMENDMENT TO
ASSET PURCHASE AGREEMENT
This Third Amendment to Asset Purchase Agreement (this “Third Amendment”) is made and entered into as of March 31, 2025, by and between Datavault AI Inc. (f/k/a WiSA Technologies, Inc.), a Delaware corporation (together with its successors, “Purchaser”), and CompuSystems, Inc., a Texas corporation (“Seller”). Capitalized terms used herein without definition shall have the same definition ascribed thereto in the Purchase Agreement (as defined below).
WHEREAS, the Asset Purchase Agreement was made and entered into as of December 19, 2024, and amended as of December 30, 2024, and further amended as of February 25, 2025, by and among Purchaser and Seller (the “Purchase Agreement”), pursuant to which the Company has agreed to purchase, assume and accept from Seller all of the rights, title and interests in, to and under the assets and interests used in the Acquired Business, and products and services solely to the extent they utilize the Transferred Assets, including Seller’s customer contracts, trademarks, and other intellectual property;
WHEREAS, Section 11.8 of the Purchase Agreement provides that the Purchase Agreement may be amended, supplemented or otherwise modified by a written instrument executed by both Seller and Purchaser; and
WHEREAS, Purchaser and Seller desire to amend the Purchase Agreement as set forth below.
NOW, THEREFORE, in consideration of the mutual promises contained in this Second Amendment and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows:
1. Amendment to Section 6.15. Section 6.15 of the Purchase Agreement shall be amended in its entirety to read as follows:
Purchaser shall obtain the prior written consent of the requisite stockholders (the “Stockholder Consent”) to obtain the Purchase Stockholder Approval, and inform the stockholders of the Company of the receipt of the Stockholder Consent by preparing and filing with the U.S. Securities and Exchange Commission, within fifteen (15) Business Days after Purchaser files its Annual Report on Form 10-K, an information statement with respect thereto. In the event Purchaser is unable to obtain such prior written consent, then Purchaser shall establish a record date for a special general meeting of its stockholders (the “Purchaser Stockholders Meeting”) for the purpose of seeking the Purchaser Stockholder Approval, which record date shall be as promptly as possible following the date hereof, and (A) duly convene and give notice of the Purchaser Stockholders Meeting as promptly as practicable, and mail a proxy statement (such proxy statement and any amendment thereof or supplement thereto, the “Proxy Statement”) to the stockholders of Purchaser, which Proxy Statement shall be filed within 20 Business Days from the Closing, and (B) hold the Purchaser Stockholders Meeting, and use commercially reasonable efforts to solicit the Purchaser Stockholder Approval. Purchaser may postpone, recess or adjourn the Purchaser Stockholders Meeting (i) with the consent of the Seller, (ii) to ensure that any required supplement or amendment to the Proxy Statement is provided to the stockholder of Purchaser within a reasonable amount of time in advance of the Purchaser Stockholders Meeting, (iii) if there are not sufficient affirmative votes in person or by proxy at such meeting to constitute a quorum or to obtain the Purchaser Stockholder Approval, to allow reasonable additional time for solicitation of proxies for purposes of obtaining a quorum or the Purchaser Stockholder Approval, as applicable, or (iv) as may be required by applicable Law or the charter documents of Purchaser.
2. Amendment to Section 10.1(b). Section 10.1(b) of the Purchase Agreement shall be amended in its entirety to read as follows:
after May 15, 2025 (the “Outside Date”), by any Party by delivery of a written notice to the other Party in accordance with Section 11.1 if the Closing shall not have been consummated on or prior to 5:00 pm Eastern Time on the Outside Date; provided, however, that the right to terminate this Agreement under this Section 10.1(b) shall not be available to any Party whose failure or whose Affiliate’s failure to perform any of its representations, warranties, covenants or other obligations under this Agreement has been the primary cause of, or otherwise primarily resulted in, the failure of the Closing to occur on or prior to such date;
3. No Other Modification. Except as specifically amended by the terms of this Third Amendment, all terms and conditions set forth in the Purchase Agreement shall remain in full force and effect, as applicable.
4. Governing Law. This Third Amendment shall be governed by, and construed in accordance with, the laws of the State of Delaware, without regard to any rule or principle that might refer the governance or construction of this Amendment to the Laws of another jurisdiction.
5. Entire Agreement. This Third Amendment contains the entire agreement and understanding of the parties hereto with respect to the subject matter contained therein and may not be contradicted by evidence of any alleged oral agreement.
6. Further Assurances. Each party to this Second Amendment agrees to perform any further acts and execute and deliver any documents that may be reasonably necessary to carry out the provisions of this Second Amendment.
7. Counterparts. This Third Amendment may be executed in multiple counterparts, each of which shall be deemed an original and all of which, together, shall constitute one and the same instrument. Facsimile, .pdf and other electronic execution and delivery of this consent is legal, valid and binding for all purposes.
8. Headings. The descriptive headings of the various provisions of this Amendment are inserted for convenience of reference only and shall not be deemed to affect the meaning or construction of any of the provisions hereof.
[Remainder of Page Intentionally Left Blank]
| - 2 - |
IN WITNESS WHEREOF, the parties hereto have duly executed this Amendment to be effective for all purposes as of the date first above written.
| DATAVAULT AI INC. | |||
| By: | /s/ Nathaniel Bradley | ||
| Name: | Nathaniel Bradley | ||
| Title: | Chief Executive Officer | ||
| COMPUSYSTEMS, INC. | |||
| By: | /s/ Mark LoGiurato | ||
| Name: | Mark LoGiurato | ||
| Title: | Chief Executive Officer | ||
[Signature Page to Third Amendment to Asset Purchase Agreement]
Exhibit 99.1
**FOR IMMEDIATE RELEASE**
Datavault AI Expects 2026 Full Year Revenue of $40 Million to $50 Million Driven by Acoustic & Data Sciences Platforms
| · | IBM’s Partner Plus Program; NYIAX Partnership; Closing of CSI and Other Strategic Initiatives to fuel near term growth |
| · | Licensing strategy in multiple end markets expected to propel long-term growth |
| · | Expected to raise $15 million cash to support business strategy for 2025 |
| · | Investor business update call scheduled for April 3, 2025 at 11:00 am ET |
BEAVERTON, OR, April 1, 2025 – Datavault AI Inc. (Nasdaq: DVLT), a leader in AI-driven data experience, valuation and monetization, has set a revenue goal of $40 million to $50 million for 2026 and issued a Letter to Shareholders, highlighting its advancements and strategic initiatives that are shaping the Company’s trajectory. In support of its growth plans, the company has executed agreements to secure $15 million in convertible debt financing. Additionally, Datavault AI will host a business update conference call on April 3, 2025, at 11:00 AM ET, to discuss its key developments.
Senior Secured Convertible Notes
The Company entered into a Senior Secured Convertible Note financing agreement, with expected total gross proceeds of $15 million after original issue discount of 10%, to be received in two closings. The initial close for $5 million is expected this week; the second close for $10 million is expected to occur 20 calendar days after the filing of a definitive information statement with the SEC disclosing receipt of written consent by the Company’s stockholders approving the financing.
“Datavault AI is redefining the landscape of data monetization and valuation, and our 2025 momentum is a testament to our vision,” said Nathaniel T. Bradley, CEO of Datavault AI Inc. “The financing will support the planned closing of certain assets from CompuSystems Inc. (CSI) as well as the future expansion of our intellectual property portfolio management across both our acoustic and data science portfolios.
“Our Web 3.0 solutions are gaining market traction, and we are delivering technical capabilities to customers that enable them to transform trusted data into reliable and measurable revenue streams. We tackle technical and business challenges through innovation, and our marketing and business development teams are dedicated to educating decision-makers and increasing both the scope and scale of our future contracting activities across key sectors to deliver passive, residual, high-margin, and highly scalable revenue opportunities for Datavault AI. These and other initiatives are driving our business and excite me to introduce our full-year 2026 revenue target of $40 million to $50 million.”
Letter to Shareholders
As we navigate the early months of 2025, Datavault AI Inc. continues to forge ahead with strategic precision, solidifying our leadership in the Web 3.0 era. Our unwavering commitment to innovation, partnerships, and intellectual property expansion has positioned us as a trailblazer in the data monetization space. With a clear mission to transform data into a high-value asset, we have achieved significant milestones that underscore our momentum.
Pioneering Innovation at CES 2025
Kicking off the year at CES 2025 in Las Vegas, our innovative technologies captured widespread recognition. Forbes highlighted Datavault AI as a major event standout, spotlighting the unveiling of the Twinstitute—an industry-first digital twin facility adjacent to the Wynn and Encore resorts. Powered by our patented Data Vault® and ADIO® solutions, this innovation bridges the physical and digital worlds, offering transformative applications in personalized fan engagement and next-generation training systems. Our technology’s potential to redefine digital content monetization was further validated by industry leaders, reinforcing our position at the forefront of Web 3.0 advancements, which includes foundational patents in blockchain, AI, and acoustic sciences.
Strategic Alliances Accelerating Growth
Our momentum continued with an alliance announced on March 17, 2025, with NYIAX, a pioneer in transparent trading technology built on Nasdaq’s financial framework. This multi-year commercial and IP partnership:
| · | Integrates our patented Information Data Exchange® (IDE) and Data Vault® platform with NYIAX’s blockchain exchange capabilities; |
| · | Enables businesses worldwide to list, price, and trade data assets with unprecedented efficiency and security; and |
| · | Positions us to capture a share of the projected $700 billion data monetization market in 2025¹. |
In addition, we furthered this strategic relationship in a licensing agreement with NYIAX that integrates Datavault AI’s patented ADIO® technology into NYIAX’s cutting-edge advertising exchange, creating one of the world’s first fully functional ultrasonic advertising platforms.
On March 24, 2025, we announced our inclusion in IBM’s prestigious Partner Plus program:
| · | Becoming one of IBM’s 500 global partners; and |
| · | Enabling us to further leverage our integration with CLEAR’s identity platform with IBM watsonx™. |
Both of these collaborations utilize our AI-driven agents—DataValue®, DataScore®, and Data Vault Bank®—and enhance these ecosystems by providing real-time valuation and liquidity management, AI-powered financial modeling and tokenization, ensuring seamless integration and maximized returns for businesses leveraging our technology.
Strengthening Our Competitive Edge
Building on our acquisition of Data Vault Holdings’ assets in December 2024 and our subsequent rebranding to Datavault AI Inc. in February 2025, we now possess an extensive patent portfolio that spans:
| · | AI-driven monetization; |
| · | Web 3.0 data management; and |
| · | Immersive audio technologies. |
Our commitment to leveraging these assets extends across biotech, fintech, healthcare, and sports & entertainment sectors, which we expect will open up significant new revenue streams.
For example, an important milestone in reinforcing our industry leadership was our recent licensing agreement with Dolby® Laboratories. This partnership integrates Dolby’s renowned audio expertise with our WiSA® technologies, unlocking new revenue streams in immersive entertainment while enhancing the value of our Data Vault® and ADIO® technology stacks. This agreement not only validates the commercial potential of our innovations but also expands our footprint in high-growth markets, and is expected to drive immediate and long-term value for shareholders.
Defending Our Intellectual Property
A core tenet of our strategy is protecting the proprietary innovations that differentiate Datavault AI. In 2024, we secured a significant victory by settling an intellectual property dispute with Intercontinental Exchange Inc. (The ICE), reinforcing our commitment to safeguarding our IP assets. In consultation with third party legal and technology experts, we have identified additional instances of unauthorized use of our patented technologies and have engaged elite legal and financial partners, including Fish & Richardson (https://www.fr.com), Greenberg Traurig LLP (https://www.gtlaw.com), and Houlihan Lokey (https://www.hl.com), to lead our comprehensive licensing strategy. This team will drive this initiative while our in-house team focuses on executing crucial commercial business plans. Legal enforcement carries substantial financial implications, and we are confident our strategy to uphold our intellectual property rights will be successful and ultimately contribute capital and revenue to support our ambitious roadmap.
The Road Ahead
As we stand at the dawn of a new era where data is more than just an asset—it is a currency of power—our vision remains clear. Datavault AI is poised to lead the future of data monetization through relentless innovation, strategic partnerships, and an unwavering commitment to shareholder value. With our robust IP portfolio, cutting-edge technology, and forward-thinking leadership, we are well-positioned to capture new opportunities and drive sustainable growth.
Your trust fuels our journey, and we remain dedicated to delivering customer-centric results with precision, integrity, and vision for what will deliver future successes and the impact Datavault AI will ultimately create.
Yours in service,
Nathaniel T. Bradley
Chief Executive Officer
Datavault AI Inc.
Forward Looking Statements Disclaimer
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as “expect,” “will,” “anticipates,” “estimates” and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: the risk that we are unable to satisfy all closing conditions in connection with the senior notes issuance described above, and the acquisition of certain assets from CSI; our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.
Business Update Call
The Company plans to host a business update call on Thursday, April 3, 2025 at 11:00 am ET. The conference call will be available through a live webcast found here: Webcast | Datavault AI Corporate Update Call
Those without internet access or who wish to dial in may call: 1-833-366-1124 (domestic), or 1-412-317-0702 (international). All callers should dial in approximately 10 minutes prior to the scheduled start time and ask to be joined into the Datavault AI call.
A webcast replay of the call will be available approximately one hour after the end of the call and will be available for 90 days, at the above webcast link. A telephonic replay of the call will be available through April 10, 2025, and may be accessed by calling 1- 877-344-7529 (domestic) or 1- 412-317-0088 (international) or Canada (toll free) 855-669-9658 and using access code 1346188.
A presentation will be accessible on Thursday, April 3, 2025, under the “Investors” section of the website at Datavault AI Events.
About Datavault AI Inc.
Datavault AI Inc. (Nasdaq: DVLT) is a leading data technology and licensing company specializing in AI-driven data valuation and monetization. Through its cloud-based Web 3.0 platform, Datavault AI offers solutions in high-performance computing, experiential data perception, and secure monetization.
Learn more at: www.dvlt.ai
¹ Data Monetization Market to touch US$ 708.86 Bn by 2025 - TMR
Investor and Media Contacts
Investors:
David Barnard, Alliance Advisors Investor Relations
(415) 433-3777
datavaultinvestors@allianceadvisors.com
Media Inquiries:
Sonia Choi
(844) DATA-400
sonia@vault.email