Datavault AI secures stockholder approval to issue 5M shares to purchasers under waiver agreement

Datavault AI Inc.

Holders of 50,365,422 shares (~52% voting power) executed written consent on Aug 27, 2025.
Approval authorizes issuance of 5,000,000 shares of common stock to purchasers as consideration for waivers.
Waiver covers variable rate transaction and participation rights provisions in March 2025 purchase agreement.
Issuance is for compliance with Nasdaq Listing Rule 5635(d); effective 20 days after mailing of Information Statement.

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