Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Datavault AI Inc. entered into Placement Agency Agreement with Maxim Group LLC valued at 8.0% of the gross proceeds raised in the Offerings and $50,000 expense reimbursement (effective 2024-05-15).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- Maxim Group LLC
- Value
- 8.0% of the gross proceeds raised in the Offerings and $50,000 expense reimbursement
- Effective
- 2024-05-15
Exact text from the filing
In connection with the Offerings, on May 15, 2024, the Company entered into a placement agency agreement (the “Placement Agency Agreement”) with Maxim Group LLC (the “Placement Agent”), pursuant to which the Placement Agent agreed to act as placement agent on a “reasonable best efforts” basis in connection with the Offerings.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Datavault AI Inc. entered into Securities Purchase Agreement with certain purchasers valued at aggregate gross proceeds of approximately $2,437,000 (effective 2024-05-15).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- certain purchasers
- Value
- aggregate gross proceeds of approximately $2,437,000
- Effective
- 2024-05-15
Exact text from the filing
On May 15, 2024, WiSA Technologies, Inc., a Delaware corporation (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with certain purchasers, pursuant to which the Company agreed to issue and sell to such purchasers (a) in a registered direct offering, 675,000 shares (the “Shares”) of common stock, par value $0.0001 per share (the “Common Stock”), of the Company, at an offering price of $3.61 per share, and (b) in a concurrent private placement, common stock purchase warrants (the “Warrants”) exercisable for an aggregate of up to 675,000 shares of Common Stock, at an exercise price of $3.48 per share (the “Warrant Shares”), for aggregate gross proceeds of approximately $2,437,000 (such offerings, the “Offerings”).
View on SEC.gov