---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-123838"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:12:42.465564+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# WiSA Technologies Enters Warrant Inducement Agreements to Raise Up to $6.0 Million

## Summary
- Reduced exercise price of Series B Preferred Stock warrants to $35.72 per share from $55, exercisable until later of stockholder approval or Jan 15, 2025.
- Company to issue new common stock purchase warrants at $0.1482 per share, covering up to 200% of shares issuable upon conversion of preferred stock.
- Aggregate gross proceeds of up to approximately $6.0 million expected if all existing warrants exercised; proceeds for working capital and general corporate purposes.
- Engaged Maxim Group LLC as financial advisor; fee of 8% of gross proceeds from warrant exercises.
- Company agreed to file resale registration statement for new warrant shares within 45 days after stockholder approval.

## SEC filing metadata
- accession: 0001104659-23-123838
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682149/000110465923123838/0001104659-23-123838-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465923123838/tm2332204d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-123838
- JSON: https://secwatch.observer/filing/0001104659-23-123838.json
- Plain text: https://secwatch.observer/filing/0001104659-23-123838.txt

## Key facts
- Material Agreements
  Datavault AI Inc. entered into Inducement Agreements with certain holders of the Company’s Series B Convertible Preferred Stock purchase warrants valued at up to approximately $6.0 million (effective 2023-12-05).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain holders of the Company’s Series B Convertible Preferred Stock purchase warrants
  - Value: up to approximately $6.0 million
  - Effective: 2023-12-05
  source text: On December 5, 2023, the Company entered into warrant inducement letter agreements (collectively, the “Inducement Agreements”) with certain holders of the Company’s Series B Convertible Preferred Stock purchase warrants exercisable for up to 168,972 shares of Series B Convertible Preferred Stock, par value $0.0001 per share (the “Preferred Stock”), issued pursuant to a public offering that closed on October 17, 2023 (the “Existing Warrants”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465923123838/0001104659-23-123838-index.htm

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