{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-062010","form_type":"8-K","ticker":"DVLT","cik":"0001682149","company_name":"Datavault AI Inc.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.568371+00:00","generated_at":"2026-06-01T23:18:31.991043+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"WiSA raises ~$2.6M in registered direct offering and warrant placement","bullets":["Sold 785,000 shares at $3.31/share and warrants for 785,000 shares at $3.18/share.","Warrants are exercisable immediately for 5 years; alternative cashless exercise requires stockholder approval by Sept 30, 2024.","Maxim Group LLC served as placement agent with 8% fee ($208K) plus $50K expense reimbursement.","Company agreed to 30-day lock-up on share issuances and 6-month ban on variable rate transactions, with Nasdaq listing exception.","Resale registration statement for warrant shares must be filed by May 30, 2024 and kept effective."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-062010","json":"https://secwatch.observer/filing/0001104659-24-062010.json","markdown":"https://secwatch.observer/filing/0001104659-24-062010.md","text":"https://secwatch.observer/filing/0001104659-24-062010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1682149/000110465924062010/0001104659-24-062010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1682149/000110465924062010/tm2414523d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T23:18:31.991043+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"43ea6cfa5a8e0b9903cfb1ca4bb6977acd917214","claim":"Datavault AI Inc. entered into Securities Purchase Agreement with Purchasers signatory to the Purchase Agreement valued at Aggregate gross proceeds of approximately $2.6 million for 785,000 shares of common stock at $3.31 p (effective 2024-05-13).","evidence_excerpt":"On May 15, 2024, WiSA Technologies, Inc. (the “Company”), closed (the “Closing”) the offerings (the “Offerings”) pursuant to that certain securities purchase agreement dated May 13, 2024 (the “Purchase Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1682149/000110465924062010/0001104659-24-062010-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Purchasers signatory to the Purchase Agreement"},{"label":"Value","value":"Aggregate gross proceeds of approximately $2.6 million for 785,000 shares of common stock at $3.31 p"},{"label":"Effective","value":"2024-05-13"}]},{"claim_id":"d40e3bf6dec09c85160ecd58044580c0e68285f4","claim":"Datavault AI Inc. entered into Placement Agency Agreement with Maxim Group LLC (the Placement Agent) valued at Placement agent fee of 8.0% of gross proceeds raised plus $50,000 expense reimbursement, acting on a (effective 2024-05-13).","evidence_excerpt":"In connection with the Offerings, on May 13, 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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1682149/000110465924062010/0001104659-24-062010-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Maxim Group LLC (the Placement Agent)"},{"label":"Value","value":"Placement agent fee of 8.0% of gross proceeds raised plus $50,000 expense reimbursement, acting on a"},{"label":"Effective","value":"2024-05-13"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}