M&A
confidence high
sentiment neutral
materiality 0.75
Datavault AI to acquire API Media Innovations for $14M cash
Datavault AI Inc.
- Datavault AI signs agreement to buy all shares of API Media Innovations for $14,000,000 cash.
- Non-refundable $1,000,000 deposit paid to sellers upon signing on October 28, 2025.
- Closing must occur by December 5, 2025, or either party may terminate.
- Acquisition from individual sellers David Reese and Frank Tomaino; no target financials provided.
- Customary representations, warranties, and closing conditions apply.