---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-124088"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2022-12-02T23:59:59+00:00"
generated_at: "2026-06-21T10:18:33.536648+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WiSA Technologies closes $7.6M public offering of 54M units at $0.14/unit

## Summary
- Aggregate 50.4M units and 3.6M pre-funded units sold at $0.14 per unit (each unit includes 1 share + Series A and B warrants).
- Gross proceeds ~$7.6M before placement agent fees (8% of gross) and expenses.
- Proceeds partially repay convertible note; remainder for working capital, capex, product development.
- Warrants exercisable at $0.14/share, expire 5 years; pre-funded warrants at $0.001/share until fully exercised.
- August investor received ~5.36M additional warrants as waiver; shares underlying warrants require stockholder approval.

## SEC filing metadata
- accession: 0001104659-22-124088
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2022-12-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.04, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682149/000110465922124088/0001104659-22-124088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465922124088/tm2231839d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-124088
- JSON: https://secwatch.observer/filing/0001104659-22-124088.json
- Plain text: https://secwatch.observer/filing/0001104659-22-124088.txt

## Key facts
- Material Agreements
  Datavault AI Inc. entered into Voting Agreements with certain investors (effective 2022-12-01).
  - Action: entry
  - Counterparty: certain investors
  - Effective: 2022-12-01
  source text: On December 1, 2022, the Company also entered into voting agreements with certain investors in the Offering (the “Voting Agreements”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465922124088/0001104659-22-124088-index.htm
- Material Agreements
  Datavault AI Inc. entered into Purchase Agreement with certain investors (effective 2022-11-29).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain investors
  - Effective: 2022-11-29
  source text: On November 29, 2022, the Company entered into a securities purchase agreement (the “Purchase Agreement”) with certain investors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465922124088/0001104659-22-124088-index.htm
- Material Agreements
  Datavault AI Inc. entered into Placement Agency Agreement with Maxim Group LLC (effective 2022-11-29).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Maxim Group LLC
  - Effective: 2022-11-29
  source text: on November 29, 2022, the Company entered into a placement agency agreement (the “Placement Agency Agreement”) with Maxim Group LLC (the “Placement Agent”), pursuant to which the Placement Agent agreed to act as placement agent on a “best efforts” basis in connection with the Offering.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465922124088/0001104659-22-124088-index.htm
- Material Agreements
  Datavault AI Inc. entered into Warrant Agency Agreement with VStock Transfer, LLC (effective 2022-12-01).
  - Action: entry
  - Counterparty: VStock Transfer, LLC
  - Effective: 2022-12-01
  source text: On December 1, 2022, the Company entered into a warrant agency agreement with the Company’s transfer agent, VStock Transfer, LLC, who is also acting as the warrant agent for the Company, setting forth the terms and conditions of the Warrants and Pre-Funded Warrants sold in the Offering (the “Warrant Agency Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465922124088/0001104659-22-124088-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.