secwatch.observer — SEC 8-K summary
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Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001104659-23-006304
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

WiSA shareholders approve reverse stock split up to 1:100 and amended 2018 LTIP
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- Proposal 1 passed: 43.1M For, 3.2M Against to authorize reverse split ratio 1:5 to 1:100 at board discretion.
- Proposal 2 passed: 33.1M For to increase FY2023 annual LTIP share limit to 15% of outstanding and allow quarterly calculations.
- Proposal 3 passed: 35.3M For to approve securities purchase agreement and related warrant/conversion transactions (20%+ dilution).
- Each proposal had broker non-votes of 806,223 on Proposals 2 and 3; meeting quorum held with 46.3M shares present.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923006304/0001104659-23-006304-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923006304/tm234323d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-006304

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