secwatch.observer — SEC 8-K summary
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Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2023-11-22T23:59:59+00:00
Accession:  0001104659-23-120796
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

WiSA Technologies receives Nasdaq delisting notice for stockholders' equity deficiency
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- Nasdaq notified WiSA on Nov 17 it fails $2.5M stockholders' equity minimum; equity deficit was ($885,000) as of Sep 30, 2023.
- Company must submit a compliance plan by Jan 2, 2024; may request a hearing if the plan is rejected.
- If plan accepted, Nasdaq may grant up to 180 days extension from Nov 17 to regain compliance; failure leads to delisting.
- Company states it anticipates compliance but gives no assurance; will evaluate options to address the deficiency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923120796/0001104659-23-120796-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465923120796/tm2331084d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-120796

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