secwatch.observer — SEC 8-K summary
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Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2023-01-20T23:59:59+00:00
Accession:  0001104659-23-005432
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

WiSA Tech receives Nasdaq delisting notice over low bid price; appeals
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923005432/0001104659-23-005432-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923005432/tm234085d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-005432

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