---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-005686"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:06:49.229756+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# WiSA Technologies raises $600K via $1M promissory notes with warrants for 10M shares

## Summary
- Gross proceeds $600,000 from $1,000,000 principal promissory notes (40% discount).
- Warrants for 10M shares at $0.1482, exercisable only after stockholder approval by March 4, 2024.
- Notes mature July 17, 2024 or earlier if Series B warrants exercised; no interest unless default.
- Company may prepay notes with 1-day notice; proceeds for working capital.
- Closing Jan 23, 2024; exempt under Rule 506(b) and Section 4(a)(2).

## SEC filing metadata
- accession: 0001104659-24-005686
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682149/000110465924005686/0001104659-24-005686-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465924005686/tm243818d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-005686
- JSON: https://secwatch.observer/filing/0001104659-24-005686.json
- Plain text: https://secwatch.observer/filing/0001104659-24-005686.txt

## Key facts
- Debt Financings
  Datavault AI Inc. incurred loan of $1,000,000 with four accredited investors maturing July 17, 2024.
  - Instrument: loan
  - Principal: $1,000,000
  - Counterparty: four accredited investors
  - Maturity: July 17, 2024
  - Event: incurrence
  source text: On January 22, 2024, WiSA Technologies, Inc. (the “Company”) entered into a Securities Purchase Agreements (the “Purchase Agreements”), with each of four accredited investors (each an “Investor” and together the “Investors”), pursuant to which the Company agreed to issue to the Investors promissory notes in the aggregate principal amount of $1,000,000 (the “Promissory Note”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465924005686/0001104659-24-005686-index.htm
- Material Agreements
  Datavault AI Inc. entered into Securities Purchase Agreements with four accredited investors valued at aggregate principal amount of $1,000,000 (effective 2024-01-22).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: four accredited investors
  - Value: aggregate principal amount of $1,000,000
  - Effective: 2024-01-22
  source text: On January 22, 2024, WiSA Technologies, Inc. (the “Company”) entered into a Securities Purchase Agreements (the “Purchase Agreements”), with each of four accredited investors (each an “Investor” and together the “Investors”), pursuant to which the Company agreed to issue to the Investors promissory notes in the aggregate principal amount of $1,000,000 (the “Promissory Note”) and common stock purchase warrants (the “Warrants”) to purchase up to an aggregate of 10,000,000 shares (the “Warrant Shares”) of the Company’s common stock, $0.0001 par value per share (the “Common Stock”), at an exercise price of $0.1482 per share (the “Exercise Price”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465924005686/0001104659-24-005686-index.htm

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