Datavault AI Inc. Completes Acquisition/Disposition
Ticker: DVLT · Form: 8-K · Filed: Sep 26, 2025 · CIK: 1682149
Sentiment: neutral
Topics: acquisition, disposition, material-agreement
TL;DR
Datavault AI Inc. just closed a deal, filing an 8-K with asset info.
AI Summary
Datavault AI Inc. announced on September 25, 2025, that it has entered into a material definitive agreement and completed an acquisition or disposition of assets. The filing includes financial statements and exhibits related to these events. The company was formerly known as WISA Technologies, Inc., Summit Wireless Technologies, Inc., and Summit Semiconductor Inc.
Why It Matters
This filing indicates significant corporate activity for Datavault AI Inc., potentially impacting its business structure, assets, and financial standing.
Risk Assessment
Risk Level: medium — The filing details a material definitive agreement and asset disposition/acquisition, which can introduce significant changes and associated risks to the company's operations and financial health.
Key Players & Entities
- Datavault AI Inc. (company) — Registrant
- WISA TECHNOLOGIES, INC. (company) — Former company name
- Summit Wireless Technologies, Inc. (company) — Former company name
- Summit Semiconductor Inc. (company) — Former company name
- September 25, 2025 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did Datavault AI Inc. enter into?
The filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in this summary.
What was the nature of the asset acquisition or disposition?
The filing states that the company completed an acquisition or disposition of assets, but the specifics of the transaction are not detailed here.
When did Datavault AI Inc. change its name from WISA TECHNOLOGIES, INC.?
The date of the name change from WISA TECHNOLOGIES, INC. to Datavault AI Inc. was March 11, 2022.
What is Datavault AI Inc.'s state of incorporation?
Datavault AI Inc. is incorporated in Delaware.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
Filing Stats: 1,483 words · 6 min read · ~5 pages · Grade level 13.3 · Accepted 2025-09-26 15:50:23
Key Financial Figures
- $0.0001 — h registered Common Stock, par value $0.0001 per share DVLT The Nasdaq Capital M
- $150,000,000 — ock, for an aggregate purchase price of $150,000,000 in the native currency of the Bitcoin b
Filing Documents
- tm2526979d2_8k.htm (8-K) — 37KB
- tm2526979d2_ex4-1.htm (EX-4.1) — 90KB
- tm2526979d2_ex5-1.htm (EX-5.1) — 13KB
- tm2526979d2_ex10-1.htm (EX-10.1) — 234KB
- tm2526979d2_ex10-2.htm (EX-10.2) — 63KB
- tm252679d2_ex5-1img001.jpg (GRAPHIC) — 33KB
- 0001104659-25-093831.txt ( ) — 741KB
- dvlt-20250925.xsd (EX-101.SCH) — 3KB
- dvlt-20250925_lab.xml (EX-101.LAB) — 33KB
- dvlt-20250925_pre.xml (EX-101.PRE) — 22KB
- tm2526979d2_8k_htm.xml (XML) — 3KB
01. Entry into
Item 1.01. Entry into a Material Definitive Agreement. Securities Purchase Agreement On September 25, 2025, Datavault AI Inc., a Delaware corporation (the "Company"), entered into a Securities Purchase Agreement (the "Purchase Agreement") with Scilex Holding Company, a Delaware corporation (the "Purchaser), pursuant to which the Purchaser agreed to purchase from the Company in a registered offering, (a) 15,000,000 shares (the "Shares") of common stock of the Company, par value $0.0001 per share ("Common Stock"), and (b) a pre-funded warrant (the "Pre-Funded Warrant") to purchase 263,914,094 shares (the "Pre-Funded Warrant Shares") of Common Stock, for an aggregate purchase price of $150,000,000 in the native currency of the Bitcoin blockchain ("BTC") upon satisfaction of certain closing conditions applicable to the Shares and Pre-Funded Warrant, respectively. The BTC to be paid to the Company in both Closings (as defined below) will be valued at the spot exchange rate for BTC as published by Coinbase.com at 8:00 p.m. (New York City time) on the trading day immediately prior to the Initial Closing Date (as defined below). The closing with respect to the Shares (the "Initial Closing") will take place upon satisfaction of certain customary closing conditions set forth in the Purchase Agreement and is expected to occur on or about September 26, 2025 (the date of the Initial Closing, the "Initial Closing Date"). The closing with respect to the Pre-Funded Warrant (the "Additional Closing," and together with the Initial Closing, the "Closings"), subject to the satisfaction of certain additional closing conditions, will take place on the trading day (the date of the immediate after the Company receives the approval of its stockholders (the "Stockholder Approval") (i) as required by Nasdaq rules with respect to the transactions contemplated by the Purchase Agreement including with respect to issuance of all of the Pre-Funded Warrant Shares and (ii) with respect to an a
01 Completion
Item 2.01 Completion of Acquisition or Disposition of Assets. The disclosure required by this Item in connection with the Closings and included in Item 1.01 of this Form 8-K is incorporated herein by reference.
01 Financial
Item 9.01 Financial (d) Exhibits. Exhibit No. Description 4.1 Form of Pre-Funded Warrant. 5.1 Opinion of Sullivan& Worcester LLP, dated September 26, 2025. 10.1 Securities Purchase Agreement between Datavault AI Inc. and Scilex Holding Company, dated September 26, 2025. 10.2 Form of Voting Agreement. 23.1 Consent of Sullivan & Worcester LLP (included in Exhibit 5.1). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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: September 26, 2025 DATAVAULT AI INC. By: /s/ Nathaniel Bradley Name: Nathaniel Bradley Title: Chief Executive Officer