Datavault AI raises $25M via convertible note to Streeterville Capital; 15M pre-delivery shares

Datavault AI Inc.

$25,030,000 unsecured convertible note at 8% interest, 30-month maturity; $25,000,000 purchase price plus $30,000 transaction expenses.
15,000,000 pre-delivery common shares issued; conversion at fixed $1.55/share, or 92% of 7-day VWAP from Jan 1, 2027.
Reinvestment right: up to $25,000,000 additional notes over 12 months on same terms.
Voting agreement: major stockholders to vote for approval of share issuance above Nasdaq Exchange Cap; $25M liquidated damages if they fail.
Company seeks stockholder approval within 90 days; initial share reserve of 300,000,000 shares.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.