---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-032260"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2025-04-04T23:59:59+00:00"
generated_at: "2026-05-23T21:10:25.497576+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Datavault AI closes $5M initial tranche of $15M secured convertible note offering with warrants

## Summary
- Issued $5.56M principal senior secured convertible notes (10% OID) for $5M net proceeds; convertible at $1.00/share, floor $0.1794.
- Additional $11.11M notes ($10M purchase price) conditional on stockholder approval; total potential $16.67M principal.
- Warrants to purchase up to 19.3M shares at $0.8615, exercisable upon stockholder approval; 5-year term.
- Notes mature 18 months, no interest unless default (12% then); secured by all assets with subsidiary guarantee.
- Placement agent Maxim Group LLC receives 8% fee and exclusive right of first refusal for 30 days from Aug 22, 2025.

## SEC filing metadata
- accession: 0001104659-25-032260
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2025-04-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682149/000110465925032260/0001104659-25-032260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465925032260/tm2511578d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-032260
- JSON: https://secwatch.observer/filing/0001104659-25-032260.json
- Plain text: https://secwatch.observer/filing/0001104659-25-032260.txt

## Key facts
- Debt Financings
  Datavault AI Inc. incurred convertible notes of $5,555,555 maturing 18 months from the date of issuance.
  - Instrument: convertible notes
  - Principal: $5,555,555
  - Maturity: 18 months from the date of issuance
  - Event: incurrence
  source text: senior secured convertible notes having an aggregate principal amount of $5,555,555 (the "Initial Notes")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465925032260/0001104659-25-032260-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.