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

Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2023-04-07T23:59:59+00:00
Accession:  0001104659-23-043206
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.04, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WiSA Technologies raises $1.2M via registered direct offering and private placement warrants
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923043206/0001104659-23-043206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923043206/tm2312140d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-043206

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