---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-099375"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T22:14:18.942138+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WiSA Technologies enters $650K bridge loan with Meriwether Group at 18% interest

## Summary
- Term loan principal $650,000, matures Nov 7, 2023; extendable to Dec 7, 2023 with $20k fee.
- Interest rate 18% per annum; default rate 24%. Origination fee $50k, exit fee $50k.
- Loan secured by first priority security interest on all assets and proceeds from pending equity raise (S-1 filed Sep 1, 2023).
- Proceeds used for working capital to support business expansion and equity raise.
- Loan includes customary covenants and events of default; default interest rate 24%.

## SEC filing metadata
- accession: 0001104659-23-099375
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682149/000110465923099375/0001104659-23-099375-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465923099375/tm2325784d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-099375
- JSON: https://secwatch.observer/filing/0001104659-23-099375.json
- Plain text: https://secwatch.observer/filing/0001104659-23-099375.txt

## Key facts
- Debt Financings
  Datavault AI Inc. incurred term loan of $650,000 with Meriwether Group Capital Hero Fund LP at 18% maturing November 7, 2023.
  - Instrument: term loan
  - Principal: $650,000
  - Counterparty: Meriwether Group Capital Hero Fund LP
  - Rate: 18%
  - Maturity: November 7, 2023
  - Event: incurrence
  source text: Security Agreement, Meriwether have agreed to provide the Company with bridge financing (the “Bridge Financing”) in the form of a term loan in the original principal amount of $650,000, which term loan will be senior in priority to the Company’s present and future indebtedness. The term loan matures on November 7, 2023 (the “Maturity Date”), subject to further
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465923099375/0001104659-23-099375-index.htm
- Material Agreements
  Datavault AI Inc. entered into Loan and Security Agreement with Meriwether Group Capital Hero Fund LP valued at $650,000 (effective 2023-09-08).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Meriwether Group Capital Hero Fund LP
  - Value: $650,000
  - Effective: 2023-09-08
  source text: On September 8, 2023 (the “Effective Date”), WiSA Technologies, Inc. (the “Company”) entered into that certain Loan and Security Agreement (the “Loan and Security Agreement”), by and among the Company and Meriwether Group Capital Hero Fund LP (“Meriwether”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465923099375/0001104659-23-099375-index.htm

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