Datavault AI completes CSI asset acquisition; targets $15-20M CSI revenue in 2026

Datavault AI Inc.

Acquired CSI assets for $5M cash, $15M in convertible notes, 10.6M restricted shares, and assumption of liabilities.
2H 2025 revenue target $12M-$15M (CSI majority); 2026 target $40M-$50M with CSI contributing $15M-$20M.
John Mark LoGiurato named President of CSI Division; granted 500k restricted stock units with performance vesting.
Convertible notes: 5%-10% interest, conversion prices based on VWAP with floor $1.40 and ceiling $2.50.
Notes require mandatory conversion at maturity and include event-of-default acceleration provisions.

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