---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-043206"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2023-04-07T23:59:59+00:00"
generated_at: "2026-06-17T04:38:13.949582+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 $1.2M via registered direct offering and private placement warrants

## Summary
- Issues 743,066 shares at $1.66/share with warrants to purchase up to 1,486,132 shares at $1.41.
- Gross proceeds ~$1.2M; potential additional $2.1M if all warrants exercised for cash.
- Proceeds to partially repay a senior secured convertible note (Aug 2022) and for working capital, product development.
- Offering expected to close on or about April 12, 2023.

## SEC filing metadata
- accession: 0001104659-23-043206
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2023-04-07T23:59:59+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/1682149/000110465923043206/0001104659-23-043206-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465923043206/tm2312140d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-043206
- JSON: https://secwatch.observer/filing/0001104659-23-043206.json
- Plain text: https://secwatch.observer/filing/0001104659-23-043206.txt

## Key facts
- Material Agreements
  Datavault AI Inc. entered into Purchase Agreement with certain institutional investors valued at approximately $1.2 million (effective 2023-04-07).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain institutional investors
  - Value: approximately $1.2 million
  - Effective: 2023-04-07
  source text: On April 7, 2023, WiSA Technologies, Inc., a Delaware corporation (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional investors, pursuant to which the Company agreed to issue and sell to such investors (i) in a registered direct offering 743,066 shares (the “Shares”) of common stock, par value $0.0001 per share (the “Common Stock”), of the Company and (ii) in a concurrent private placement, common stock purchase warrants (the “Private Placement Warrants”), exercisable for an aggregate of up to 1,486,132 shares of Common Stock, at an exercise price of $1.41 per share of Common Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465923043206/0001104659-23-043206-index.htm

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