secwatch / observer
8-K filed April 19, 2024, 7:59 PM ET ticker DVLT CIK 0001682149
other material confidence high sentiment neutral materiality 0.65

WiSA raises $2.65M in two equity and warrant offerings; second closing on Apr 23

Datavault AI Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Datavault AI Inc. entered into Initial Transaction Purchase Agreement with certain purchasers valued at aggregate gross proceeds of $750,000 (effective 2024-04-17).

Action
entry
Agreement
equity purchase
Counterparty
certain purchasers
Value
aggregate gross proceeds of $750,000
Effective
2024-04-17
Exact text from the filing
WiSA Technologies, Inc., a Delaware corporation (the “Company”), closed (the “Closing”) an offering with certain purchasers signatory to that certain securities purchase agreement dated April 17, 2024 (the “Initial Transaction Purchase Agreement”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Datavault AI Inc. entered into Second Transaction Purchase Agreement with certain purchasers valued at aggregate gross proceeds of approximately $1.9 million (effective 2024-04-19).

Action
entry
Agreement
equity purchase
Counterparty
certain purchasers
Value
aggregate gross proceeds of approximately $1.9 million
Effective
2024-04-19
Exact text from the filing
On April 19, 2024, the Company entered into a securities purchase agreement (the “Second Transaction Purchase Agreement”) with certain purchasers, pursuant to which the Company agreed to issue and sell to such purchasers (a) in a registered direct offering, 361,904 shares (the “Second Transaction Shares”) of Common Stock, at an offering price of $5.250 per share, and (b) in a concurrent private placement, common stock purchase warrants (the “Second Transaction Warrants”) exercisable for an aggregate of up to 542,856 shares of Common Stock, at an exercise price of $5.06 per share (the “Second Transaction Warrant Shares”), for aggregate gross proceeds of approximately $1.9 million
View on SEC.gov

419 material agreements filed in the last 30 days. Browse all material agreements →

Datavault AI Inc. filing history →

Source: SEC EDGAR
accession 0001104659-24-049409
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