Datavault AI restructures $25.77M IBM payment plan; cuts stockholder quorum to 1/3

Datavault AI Inc.

Total payments of $25.77M under IBM amendment, including $2.5M upfront with quarterly installments of $2.184M through December 2027.
Licensed IBM watsonx.governance programs (210 VPC subscriptions, 42 Risk & Compliance cores) with one-year term starting September 30, 2025.
Charter amendment filed September 25, 2025; board reduced stockholder meeting quorum from majority to one-third of voting power.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Datavault AI Inc.: Decreased quorum required for a meeting of stockholders from majority of voting power to one-third of voting power (effective 2025-09-25).

Change: bylaw amendment
Effective: 2025-09-25

Exact text from the filing

On September 25, 2025, the Board approved an amendment to the Bylaws (the “Bylaws Amendment”) to decrease the quorum required for a meeting of stockholders from a majority of the voting power of all outstanding shares of stock to one-third of such voting power.

View on SEC.gov

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Datavault AI Inc.: Filed amendment to certificate of incorporation to permit board to amend bylaws (effective 2025-09-25).

Change: charter amendment
Effective: 2025-09-25

Exact text from the filing

On September 25, 2025, the Company filed the Charter Amendment with the Secretary of State of the State of Delaware.

View on SEC.gov

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Datavault AI Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-093893

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