secwatch.observer — SEC 8-K summary
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Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2026-07-22T20:53:53+00:00
Accession:  0001104659-26-085856
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Datavault AI guarantees $833K bridge loan for NYIAX merger; maturity Sept 11, 2026
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- Loan up to $833,333 from Abri Capital to NYIAX, guaranteed by Datavault AI, with 10% OID and 13% interest.
- Maturity date September 11, 2026; mandatory prepayment within 3 days of merger closing (expected July 24, 2026).
- Proceeds used for transaction expenses, legal fees, regulatory costs, employee obligations, and working capital to complete the merger.
- Default interest rate of 18% per annum; guarantee is first-call, on-demand.
- Mandatory prepayment also triggered by any Datavault financing of $10M or more.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465926085856/0001104659-26-085856-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465926085856/tm2621112d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-085856

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer