secwatch.observer — SEC 8-K summary
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Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2022-12-27T23:59:59+00:00
Accession:  0001104659-22-130039
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WiSA gets second 180-day Nasdaq extension to June 20, 2023; also cited for Rule 5635(d) non-compliance
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- Nasdaq granted second 180-day extension until June 20, 2023 to meet minimum $1 bid price per share.
- WiSA also received notice of non-compliance with Listing Rule 5635(d) regarding discount in recent public offering; plan due Feb 6, 2023.
- Company intends to cure bid price deficiency via reverse stock split if needed; stock continues trading on Nasdaq during extension.
- First 180-day compliance period ended Dec 20, 2022 without meeting bid price requirement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465922130039/0001104659-22-130039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465922130039/tm2233494d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-130039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer