---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-037187"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2023-03-27T23:59:59+00:00"
generated_at: "2026-06-17T15:07:10.146436+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# WiSA Technologies raises ~$1.8M in registered direct offering and private placement warrants

## Summary
- Offering of 837,209 common shares and warrants for up to 1,674,418 shares at $1.91 exercise price.
- Gross proceeds ~$1.8M; additional ~$3.2M if all warrants exercised for cash.
- Net proceeds to partially repay August 2022 senior secured convertible note and for working capital.
- Expected close March 29, 2023, subject to customary conditions.
- Company must file resale registration statement within 45 days of closing.

## SEC filing metadata
- accession: 0001104659-23-037187
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2023-03-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.04, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682149/000110465923037187/0001104659-23-037187-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465923037187/tm2310689-1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-037187
- JSON: https://secwatch.observer/filing/0001104659-23-037187.json
- Plain text: https://secwatch.observer/filing/0001104659-23-037187.txt

## Key facts
- Material Agreements
  Datavault AI Inc. entered into Purchase Agreement with certain institutional investors valued at approximately $1.80 million (effective 2023-03-27).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain institutional investors
  - Value: approximately $1.80 million
  - Effective: 2023-03-27
  source text: On March 27, 2023, WiSA Technologies, Inc., a Delaware corporation (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional investors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465923037187/0001104659-23-037187-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.