secwatch.observer — SEC 8-K summary
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Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001104659-24-061762
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

WiSA Technologies raises $2.4M by issuing 675K shares at $3.61 and warrants
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- Issues 675,000 shares at $3.61 per share in registered direct offering; concurrent private placement of warrants for 675,000 shares at $3.48 exercise price.
- Gross proceeds approximately $2.4 million; closing expected May 17, 2024.
- Enters placement agency agreement with Maxim Group LLC; pays 8% fee plus $50,000 expense reimbursement.
- Agrees to hold stockholder meeting by Sept 30, 2024 to approve alternative cashless exercise feature of warrants.
- Amends filing deadline for prior registration statement on Form S-1 to June 14, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465924061762/0001104659-24-061762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465924061762/tm2414523d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-061762

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