---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-024893"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:16:55.636979+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# WiSA receives Nasdaq delisting notice; closes $10M public offering

## Summary
- Raised $10M gross via 153.84M units at $0.065/unit; warrants exercisable at $0.065 after stockholder approval.
- Nasdaq delisting notice received Feb 14, 2024, due to bid price ≤ $0.10 for 10 consecutive trading days.
- Company will appeal delisting to Nasdaq Hearings Panel; trading stay pending decision.
- Used ~$6.3M of proceeds to repurchase 62,657 shares of Series B Convertible Preferred Stock at $100/share.
- Previously disclosed non-compliance with minimum bid price ($1) and stockholders' equity ($2.5M) requirements.

## SEC filing metadata
- accession: 0001104659-24-024893
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682149/000110465924024893/0001104659-24-024893-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465924024893/tm246483d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-024893
- JSON: https://secwatch.observer/filing/0001104659-24-024893.json
- Plain text: https://secwatch.observer/filing/0001104659-24-024893.txt

## Key facts
- Listing & Compliance Notices
  Datavault AI Inc. received a nasdaq delisting notice notice regarding other (rules 5810(c)(3)(A)(iii)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Rules: 5810(c)(3)(A)(iii)
  source text: February 14, 2024, the Company received notice (the “February 14 Letter”) from the Staff that the Staff had determined that as of February 14, 2024, the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days triggering application of Listing Rule 5810(c)(3)(A)(iii) which states in part: if during any compliance period specified in Rule 5810(c)(3)(A), a company’s security has a closing bid price of $0.10 or less for ten consecutive trading days, the Listing Qualifications Department shall issue a Staff Delisting Determination under Rule 5810 with respect
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465924024893/0001104659-24-024893-index.htm
- Listing & Compliance Notices
  Datavault AI Inc. received a nasdaq noncompliance notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: November 17, 2023, the Staff notified the Company that it was not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires companies listed on Nasdaq to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing (the “Stockholders’ Equity Requirement”). The Company reported stockholders’ equity (deficit) of ($885,000) in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, and, as a result, did not satisfy the Stockholders’ Equity Requirement pursuant to Listing Rule 5550(b)(1). On February 14, 2024, the Company received notice (the “February
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465924024893/0001104659-24-024893-index.htm

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