---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-038386"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T10:39:02.633854+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Issued 837,209 shares at $2.15/share and warrants for 1,674,418 shares at $1.91 exercise price.
- Net proceeds ~$1.5M after fees; at least 20% of gross proceeds to repay August 2022 convertible note.
- Warrants immediately exercisable, expire in 5 years, may be exercised on cashless basis.
- Proceeds also for working capital, product development, sales/marketing.

## SEC filing metadata
- accession: 0001104659-23-038386
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.04, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682149/000110465923038386/0001104659-23-038386-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465923038386/tm2310821d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-038386
- JSON: https://secwatch.observer/filing/0001104659-23-038386.json
- Plain text: https://secwatch.observer/filing/0001104659-23-038386.txt

## Key facts
- Material Agreements
  Datavault AI Inc. entered into Purchase Agreement with certain institutional investors valued at approximately $1.5 million (effective 2023-03-27).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain institutional investors
  - Value: approximately $1.5 million
  - Effective: 2023-03-27
  source text: pursuant to that certain securities purchase agreement, dated March 27, 2023 (the "Purchase Agreement"), among the Company and such institutional investors. The Company received net combined proceeds of approximately $1.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465923038386/0001104659-23-038386-index.htm

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