{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-076862","form_type":"8-K","ticker":"DVLT","cik":"0001682149","company_name":"Datavault AI Inc.","filed_at":"2025-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.631302+00:00","generated_at":"2026-05-17T14:40:14.097251+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Datavault AI closes initial $6M tranche of senior secured convertible notes; amends prior notes","bullets":["Initial closing of $6.0M purchase price for $6.67M principal senior secured convertible notes (10% OID) on Aug 6, 2025.","Additional $6.0M purchase price for $6.67M notes contingent on stockholder approval; warrants for ~31M shares exchanged for common stock.","Notes convertible at $1.00/share or alternate conversion price at 80% of lowest 20-day VWAP, floor $0.1019; 4.99/9.99% beneficial ownership limits.","Prior notes (April/May 2025) amended to lower alternate conversion price from 90% of 10-day VWAP to 80% of 20-day VWAP.","Placement agent Maxim Group LLC received 8% fee; proceeds from the offering used for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-076862","json":"https://secwatch.observer/filing/0001104659-25-076862.json","markdown":"https://secwatch.observer/filing/0001104659-25-076862.md","text":"https://secwatch.observer/filing/0001104659-25-076862.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1682149/000110465925076862/0001104659-25-076862-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1682149/000110465925076862/tm2523192d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T14:40:14.097251+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":"c3cb3d802b509fb7fc97c8a9704ff01814c735a6","claim":"Datavault AI Inc. incurred senior notes of $6,666,666 with certain institutional investors at 10% original issue discount maturing 18 months from the date of issuance.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1682149/000110465925076862/0001104659-25-076862-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$6,666,666"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Rate","value":"10% original issue discount"},{"label":"Maturity","value":"18 months from the date of issuance"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}