secwatch.observer — SEC 8-K summary
======================================

Issuer:     Datavault AI Inc. (DVLT)
CIK:        0001682149
Form:       8-K
Filed at:   2026-08-19T21:29:02+00:00
Accession:  0001104659-26-098833
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682149/000110465926098833/0001104659-26-098833-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682149/000110465926098833/tm2623590d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-098833

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