Datavault AI Inc. (DVLT): Nasdaq/NYSE listing notice — WiSA Tech receives Nasdaq delisting notice over low bid price; appeals

Datavault AI Inc.

Nasdaq notified WiSA on Jan 18, 2023 that bid price closed at $0.10 or less for 10 consecutive days.
Delisting determination triggered under Nasdaq Listing Rule 5810(c)(3)(A)(iii) (Low Priced Stocks Rule).
Company requested hearing before Nasdaq Hearings Panel; stay on suspension granted pending decision.
Hearing typically scheduled 30-45 days after request; no assurance of favorable outcome.
WiSA previously received non-compliance notice for bid price below $1 and was granted extension to June 20, 2023.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Datavault AI Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A), 5810(c)(3)(A)(iii), 5635(d)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A), 5810(c)(3)(A)(iii), 5635(d)

Exact text from the filing

January 18, 2023, the Company received notice (the “January 18 Letter”) from the Staff that the Staff had determined that as of January 18, 2023, the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days triggering application of Listing Rule 5810(c)(3)(A)(iii) which states in part: if during any compliance period specified in Rule 5810(c)(3)(A), a company’s security has a closing bid price of $0.10 or less for ten consecutive trading days, the Listing Qualifications Department shall issue a Staff Delisting Determination under Rule 5810 with respect to

View on SEC.gov

Browse all listing & compliance notices →

Datavault AI Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-005432

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.