{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-044686","form_type":"8-K","ticker":"DVLT","cik":"0001682149","company_name":"Datavault AI Inc.","filed_at":"2023-04-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.024226+00:00","generated_at":"2026-06-17T03:09:30.598563+00:00","sec_items":["1.01","2.04","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"WiSA Technologies raises $1.2M via equity offering and warrants; partly to repay convertible note","bullets":["Closed registered direct offering of 743,066 shares and private placement warrants for 1,486,132 shares at $1.41 exercise price.","Gross proceeds of ~$1.2M; additional ~$2.1M if all warrants exercised for cash.","At least 20% of gross proceeds required to repay senior secured convertible note from August 2022.","Remaining proceeds for working capital, capex, product development, and sales/marketing.","Warrants immediately exercisable, expire 5 years from issuance."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-044686","json":"https://secwatch.observer/filing/0001104659-23-044686.json","markdown":"https://secwatch.observer/filing/0001104659-23-044686.md","text":"https://secwatch.observer/filing/0001104659-23-044686.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1682149/000110465923044686/0001104659-23-044686-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1682149/000110465923044686/tm2312593d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T03:09:30.598563+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"91ef5b892b61d0212041cf5353c350c83bf4c059","claim":"Datavault AI Inc. reported a default on convertible notes of outstanding principal amount of a senior secured convertible note with institutional investor (August Investor).","evidence_excerpt":"The Company intends to use a portion of the net proceeds of the offering to partially or fully repay the outstanding principal amount of a senior secured convertible note issued to an institutional investor (the “August Investor”) on August 15, 2022, as amended (the “Convertible Note”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1682149/000110465923044686/0001104659-23-044686-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"outstanding principal amount of a senior secured convertible note"},{"label":"Counterparty","value":"institutional investor (August Investor)"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"},{"claim_id":"8897c056b91a59157211a5bc7df7dde327bb478d","claim":"Datavault AI Inc. entered into Purchase Agreement with certain institutional investors valued at aggregate gross proceeds of approximately $1.2 million (effective 2023-04-07).","evidence_excerpt":"On April 12, 2023, WiSA Technologies, Inc., a Delaware corporation (the “Company”), consummated its previously reported offering with certain institutional investors, in which the Company issued and sold to such investors","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1682149/000110465923044686/0001104659-23-044686-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Value","value":"aggregate gross proceeds of approximately $1.2 million"},{"label":"Effective","value":"2023-04-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}