M&A
confidence high
sentiment neutral
materiality 0.75
Datavault AI to acquire CyberCatch for $3.22/share in cash via plan of arrangement
Datavault AI Inc.
- Acquisition of all CyberCatch common shares for US$3.22 per share in cash; options cancelled for cash if exercise price below $3.22; warrants receive no consideration.
- Datavault to provide CyberCatch a US$500,000 secured bridge loan at 5% interest, maturing at closing or 30 days after termination.
- Termination fee of US$4,016,250 payable by CyberCatch in certain circumstances; expense reimbursement up to US$1,000,000.
- Supporting shareholders holding ~20% of CyberCatch shares have agreed to vote in favor; closing expected by Feb 17, 2027.
- Deal subject to court approval, shareholder approval, TSX Venture Exchange acceptance, and regulatory approvals.