Datavault AI amends API Media acquisition, removes termination conditions, imposes breakup fee by Aug 26

Datavault AI Inc.

Amendment removes 'Drop Dead Date' (Aug 12) and financing contingency requiring $10M net proceeds to close.
Sellers now entitled to Breakup Fee unless deal closes by Aug 26, 2025; fee accrues 10% interest if unpaid.
Termination right for uncured material breach also deleted from purchase agreement.
If not closed by Aug 26, Datavault must pay Breakup Fee next business day; indemnifies sellers for collection costs.
Amendment signed Aug 19, 2025; previously disclosed deal had $6M cash, 5.1M shares, and $2M convertible notes.

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