---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-073703"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:29:33.752562+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Datavault AI raises $12M net via $13.3M senior secured convertible note offering

## Summary
- Initial closing of $6.0M net (principal $6,666,666, 10% OID) expected August 5, 2025.
- Additional $6.0M net contingent on stockholder approval; conversion price $1.00/share with alternate conversion at 80% of 20-day VWAP (floor $0.1019).
- Also exchanged ~31M warrants for common shares subject to stockholder approval.
- Notes are senior secured, mature after 18 months, no interest unless default (then 12%).
- Company must use up to 20% of future financing proceeds to redeem notes at 105% of principal.

## SEC filing metadata
- accession: 0001104659-25-073703
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2025-08-04T23:59:59+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/1682149/000110465925073703/0001104659-25-073703-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465925073703/tm2522493d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-073703
- JSON: https://secwatch.observer/filing/0001104659-25-073703.json
- Plain text: https://secwatch.observer/filing/0001104659-25-073703.txt

## Key facts
- Debt Financings
  Datavault AI Inc. incurred convertible notes of $6,666,666 with certain institutional investors at 12% per annum maturing 18 months from the date of issuance.
  - Instrument: convertible notes
  - Principal: $6,666,666
  - Counterparty: certain institutional investors
  - Rate: 12% per annum
  - Maturity: 18 months from the date of issuance
  - Event: incurrence
  source text: On August 4, 2025, Datavault AI Inc., a Delaware corporation (the "Company"), entered into a Securities Purchase Agreement (the "Purchase Agreement") with certain institutional investors (the "Purchasers"), pursuant to which the Purchasers agreed to purchase from the Company in a registered direct offering, senior secured convertible notes having an aggregate principal amount of $6,666,666 (the "Initial Notes") for an aggregate purchase price of $6,000,000 and senior secured convertible notes having an aggregate principal amount of $6,666,666 (the "Additional Notes", and together with the Initial Notes, the "Notes") for an aggregate purchase price of $6,000,000 upon satisfaction of certain closing conditions applicable to the Initial Notes and Additional Notes, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465925073703/0001104659-25-073703-index.htm

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