Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Datavault AI Inc. reported the full year ended December 31, 2023 results: revenue in the range of $1.9 million to $2.1 million, net income in the range of $17.7 million to $19.7 million. Guidance initiated.
- Period
- the full year ended December 31, 2023
- Revenue
- in the range of $1.9 million to $2.1 million
- Net income
- in the range of $17.7 million to $19.7 million
- Guidance
- initiated
- Result
- preliminary results
Exact text from the filing
Total revenue for the full year 2023 is expected to be in the range of $1.9 million to $2.1 million. The net loss for the full year 2023 is expected to be in the range of $17.7 million to $19.7 million as compared to a net loss of $16.2 million for the year 2022. The company has signed 3 licensing agreements with TV/PTV companies and expects that an additional 3 license agreements will be signed by the end of Q2'24.
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Datavault AI Inc.: Increased authorized shares from 220,000,000 to 320,000,000, with 300,000,000 classified as common stock (effective 2024-03-25).
- Change
- charter amendment
- Effective
- 2024-03-25
Exact text from the filing
On March 25, 2024, the Company filed the Charter Amendment with the Secretary of State of the State of Delaware.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Datavault AI Inc. entered into Warrant Amendment Agreement with certain holders (effective 2024-03-26).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- certain holders
- Effective
- 2024-03-26
Exact text from the filing
WiSA Technologies, Inc., a Delaware corporation (the “Company”), entered into a warrant amendment agreement (the “Warrant Amendment Agreement”), with certain holders (the “Holders”) of (i) certain common stock purchase warrants
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