secwatch.observer — SEC 8-K summary
======================================

Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2023-03-22T23:59:59+00:00
Accession:  0001104659-23-035196
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq notifies WiSA of non-compliance with $2.5M equity rule; company claims regained compliance
--------------------------------------------------------------------------------

- Nasdaq staff notified WiSA on March 20, 2023 of failure to meet $2.5M stockholders' equity requirement per Listing Rule 5550(b)(1).
- Company reported stockholders' equity deficit of ($1,996,000) in its 2022 Form 10-K, triggering the deficiency.
- WiSA believes compliance restored through February 2023 direct offering and subsequent reduction in warrant liabilities.
- Nasdaq will reassess compliance at the Company's next periodic report; failure could lead to delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923035196/0001104659-23-035196-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923035196/tm2310190d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-035196

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