Datavault AI acquires BankWyse parent for ~$22M plus up to $10M contingent

Datavault AI Inc.

Datavault AI (DVLT) signs merger with WDT, LLC, parent of Wyoming SPDI BankWyse.
Deal value ~$22.0M: $14.66M in DVLT stock and $7.34M cash.
Contingent consideration up to $10M: $5M on regulatory approval, $5M on revenue targets.
Datavault commits $35M funding to BankWyse: $5M at close, $30M post-close.
Closing requires Wyoming Division of Banking approval; target by Sept 30, 2026.

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