secwatch.observer — SEC 8-K summary
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Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0001104659-24-050573
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 3.3, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WiSA closes ~$1.9M registered direct offering and private placement of stock and warrants
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- Issued 361,904 shares at $5.25/share and warrants to purchase up to 542,856 shares at $5.06/share.
- Gross proceeds of approximately $1.9 million from the combined offerings.
- Warrants are exercisable immediately, expire in 5 years; alternative cashless exercise requires stockholder approval.
- Warrant amendment for existing April 19 warrants also conditions alternative cashless exercise on stockholder approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465924050573/0001104659-24-050573-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465924050573/tm2412342d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-050573

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer