---
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"
generated_at: "2026-05-17T14:40:14.097251+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Datavault AI closes initial $6M tranche of senior secured convertible notes; amends prior notes

## Summary
- 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.

## SEC filing metadata
- 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
- 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/1682149/000110465925076862/0001104659-25-076862-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465925076862/tm2523192d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-076862
- JSON: https://secwatch.observer/filing/0001104659-25-076862.json
- Plain text: https://secwatch.observer/filing/0001104659-25-076862.txt

## Key facts
- Debt Financings
  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.
  - Instrument: senior notes
  - Principal: $6,666,666
  - Counterparty: certain institutional investors
  - Rate: 10% original issue discount
  - Maturity: 18 months from the date of issuance
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465925076862/0001104659-25-076862-index.htm

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