secwatch.observer — SEC 8-K summary
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Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001104659-23-060552
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 3.02, 3.03
LLM model:  deepseek-v4-flash:cloud@v2

WiSA enters warrant exercise inducement agreements, issues new inducement warrants
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- Existing warrant holders exercise for cash; receive inducement warrants at $1.33 exercise price.
- Inducement warrants equal 200% of shares exercised, callable at $0.50, expire in 5 years.
- Company agrees to file registration statement for inducement warrant shares within 30 days.
- Inducement warrants subject to 4.99% beneficial ownership limitation (or up to 9.99% upon election).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923060552/0001104659-23-060552-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923060552/tm2315834-1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-060552

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