Datavault AI acquires inaudible audio IP from Turner Global Media for 2.5M shares and 15% royalty

Datavault AI Inc.

Datavault AI issued 2.5M restricted shares to Turner Global Media for inaudible audio technology IP; shares not registered under Securities Act.
Ongoing royalty obligation of 15% of gross sales from IP and related patented technology (8 patents), dropping to 10% after $15M paid.
Royalty payments due quarterly; term of agreement lasts until expiration of the patents in the ADIO Patented Technology.
IP includes inaudible audio technology for broadcast via radios, TVs, streaming, retail shelf talkers, and wearable devices.

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