• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Datavault AI Stockholders' Majority Approve Strategic Acquisition of CompuSystems, Inc.

    4/30/25 6:35:00 AM ET
    $DVLT
    Semiconductors
    Technology
    Get the next $DVLT alert in real time by email

    CSI expected to contribute $15 million to $20 million of total revenue target of $40 million to $50 million in 2026

    Closing expected the week of May 19, 2025

    Company plans to host investor conference call on May 20, 2025, at 9 am ET

    Datavault AI Inc. (NASDAQ:DVLT), leading the way in AI data experience, valuation and monetization, has a majority of stockholders' votes needed to approve its strategic acquisition of CompuSystems, Inc. (CSI) and has mailed an Information Statement pursuant to Section 14(c) of the Securities Exchange Act of 1934 to Stockholders on April 29, 2025. The Information Statement concerns actions approved by Written Consent by the majority of the Company's Stockholders, and no stockholder vote is required. Per SEC Rule 14c-2, these actions will take effect at least 20 days after mailing, or on or about the week of May 19, 2025.

    "The acquisition of CSI will mark a major milestone in our strategic growth plan, and we expect its operations to make strong revenue contributions in 2025, with accelerating growth coming in 2026," said Nathaniel Bradley, CEO of Datavault AI. "Representing a significant part of our $40 million to $50 million revenue goal for 2026, we expect CSI to contribute $15 million to $20 million in revenue that year. I am excited we are now in the final stage of completing this strategic acquisition and look forward to providing additional details along with a general business update on our investor call scheduled for May 20, 2025."

    Key among the actions approved by Written Consent are the transactions contemplated by the asset purchase agreement, as amended, between the Company and CompuSystems, Inc. (CSI), which the Company now expects will result in the consummation of the asset purchase on or about May 19, 2025. After which, CSI's assets and operations will become part of Datavault AI.

    Investor Conference Call on May 20, 2025

    In conjunction with the close of the CSI acquisition, the Company plans to host a business update call on Tuesday, May 20, 2025, at 9:00 am ET. Prior to this date, the Company plans to report its financial results for the quarter ended March 31, 2025 on Form 10-Q on or before March 15, 2025.

    Additional details will be provided in advance of the call.

    About Datavault AI Inc.

    Datavault AI1 (NASDAQ:DVLT) is leading the way in AI experience, valuation and monetization of assets in the Web 3.0 environment. The company's cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multi-channel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI's cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI's technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The company is headquartered in Beaverton, OR. Learn more about Datavault AI at www.dvlt.ai.

    Forward Looking Statements Disclaimer

    This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as "expect," "will," "anticipates," "estimates" and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: the risk that we are unable to satisfy all closing conditions in connection with the senior notes issuance described above, and the acquisition of certain assets from CSI; our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.

    1Formerly known as WiSA Technologies, Inc.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250430253708/en/

    Investors:

    David Barnard, Alliance Advisors Investor Relations

    (415) 433-3777

    [email protected]



    Media Inquiries:

    Sonia Choi

    (844) DATA-400

    [email protected]

    Get the next $DVLT alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $DVLT

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $DVLT
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Datavault AI Finalizes Strategic Acquisition of CompuSystems, Inc. Assets

      Acquisition expected to drive 2H 2025 revenue and contribute $15 million to $20 million to 2026 revenue target and growth opportunities for both acoustic and data divisions Business update call today, May 20, 2025, at 9:00 AM ET Datavault AI Inc. (NASDAQ:DVLT) (the "Company" and "Datavault AI"), a leader in AI-driven data experience, valuation and monetization, announced it expects to finalize the strategic acquisition of CompuSystems, Inc. (CSI) assets today, May 20, 2025. In alignment with this milestone, the Company will host a business update call at 9:00 AM ET, as previously announced. "The closing of the CSI acquisition will mark a pivotal step in Datavault AI's growth strategy,

      5/20/25 6:35:00 AM ET
      $DVLT
      Semiconductors
      Technology
    • Datavault AI Reports First Quarter 2025 Results; Eyes Transformational Growth Ahead

      Introduces 2H 2025 revenue target of $12 million to $15 million Reiterates 2026 revenue target of $40 million to $50 million Datavault AI will host a business update call on May 20, 2025, at 9:00 AM ET to review recent progress and strategic initiatives Datavault AI Inc. (NASDAQ:DVLT), a leader in AI-driven data experience, valuation and monetization, reported first quarter 2025 financial results in its Form 10-Q, which was filed on May 14, 2025. The Company reaffirmed its 2026 revenue target of $40 million to $50 million and anticipates $12 million to $15 million in revenue in the second half of 2025. In addition, the Company expects close of its acquisition of CompuSystems, Inc. (C

      5/15/25 9:00:00 AM ET
      $DVLT
      Semiconductors
      Technology
    • Datavault AI and Kove Unveil Secure Data Monetization Solution at IBM Think 2025

      AI-Powered Productivity and Monetization Could Add $5.7 Billion to S&P 500 Net Income by 2025 Datavault AI Inc. (NASDAQ:DVLT), a leader in AI-driven data valuation and monetization, today announced a partnership with Kove, a high-performance computing innovator, to launch a secure, tokenized data vending solution. The platform, integrating Kove's SDM™ Memory Tower 39i with Datavault's Data Vault®, debuts at IBM Think 2025 in Boston, targeting enterprises eager to unlock revenue from underutilized data. Morgan Stanley estimates that AI-driven productivity and monetization strategies could add $5.7 billion to S&P 500 net income by 2025, with platforms like Datavault AI enabling companies to

      5/5/25 9:05:00 AM ET
      $DVLT
      Semiconductors
      Technology

    $DVLT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Wilson Wendy was granted 74,334 shares, increasing direct ownership by 378% to 93,994 units (SEC Form 4)

      4 - Datavault AI Inc. (0001682149) (Issuer)

      2/28/25 4:46:45 PM ET
      $DVLT
      Semiconductors
      Technology
    • Officer Mbugua Stanley was granted 125,000 shares, increasing direct ownership by 185% to 192,733 units (SEC Form 4)

      4 - Datavault AI Inc. (0001682149) (Issuer)

      2/28/25 4:46:05 PM ET
      $DVLT
      Semiconductors
      Technology
    • Director Peruvemba Sriram Krishnamurthy was granted 74,334 shares, increasing direct ownership by 378% to 93,990 units (SEC Form 4)

      4 - Datavault AI Inc. (0001682149) (Issuer)

      2/28/25 4:45:32 PM ET
      $DVLT
      Semiconductors
      Technology

    $DVLT
    Financials

    Live finance-specific insights

    See more
    • Datavault AI Finalizes Strategic Acquisition of CompuSystems, Inc. Assets

      Acquisition expected to drive 2H 2025 revenue and contribute $15 million to $20 million to 2026 revenue target and growth opportunities for both acoustic and data divisions Business update call today, May 20, 2025, at 9:00 AM ET Datavault AI Inc. (NASDAQ:DVLT) (the "Company" and "Datavault AI"), a leader in AI-driven data experience, valuation and monetization, announced it expects to finalize the strategic acquisition of CompuSystems, Inc. (CSI) assets today, May 20, 2025. In alignment with this milestone, the Company will host a business update call at 9:00 AM ET, as previously announced. "The closing of the CSI acquisition will mark a pivotal step in Datavault AI's growth strategy,

      5/20/25 6:35:00 AM ET
      $DVLT
      Semiconductors
      Technology
    • Datavault AI Reports First Quarter 2025 Results; Eyes Transformational Growth Ahead

      Introduces 2H 2025 revenue target of $12 million to $15 million Reiterates 2026 revenue target of $40 million to $50 million Datavault AI will host a business update call on May 20, 2025, at 9:00 AM ET to review recent progress and strategic initiatives Datavault AI Inc. (NASDAQ:DVLT), a leader in AI-driven data experience, valuation and monetization, reported first quarter 2025 financial results in its Form 10-Q, which was filed on May 14, 2025. The Company reaffirmed its 2026 revenue target of $40 million to $50 million and anticipates $12 million to $15 million in revenue in the second half of 2025. In addition, the Company expects close of its acquisition of CompuSystems, Inc. (C

      5/15/25 9:00:00 AM ET
      $DVLT
      Semiconductors
      Technology
    • Datavault AI Stockholders' Majority Approve Strategic Acquisition of CompuSystems, Inc.

      CSI expected to contribute $15 million to $20 million of total revenue target of $40 million to $50 million in 2026 Closing expected the week of May 19, 2025 Company plans to host investor conference call on May 20, 2025, at 9 am ET Datavault AI Inc. (NASDAQ:DVLT), leading the way in AI data experience, valuation and monetization, has a majority of stockholders' votes needed to approve its strategic acquisition of CompuSystems, Inc. (CSI) and has mailed an Information Statement pursuant to Section 14(c) of the Securities Exchange Act of 1934 to Stockholders on April 29, 2025. The Information Statement concerns actions approved by Written Consent by the majority of the Company's Stockhold

      4/30/25 6:35:00 AM ET
      $DVLT
      Semiconductors
      Technology

    $DVLT
    SEC Filings

    See more
    • Datavault AI Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Creation of a Direct Financial Obligation, Unregistered Sales of Equity Securities, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits

      8-K - Datavault AI Inc. (0001682149) (Filer)

      5/20/25 5:16:10 PM ET
      $DVLT
      Semiconductors
      Technology
    • Datavault AI Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Unregistered Sales of Equity Securities, Financial Statements and Exhibits

      8-K - Datavault AI Inc. (0001682149) (Filer)

      5/20/25 6:01:20 AM ET
      $DVLT
      Semiconductors
      Technology
    • Datavault AI Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

      8-K - Datavault AI Inc. (0001682149) (Filer)

      5/15/25 4:28:25 PM ET
      $DVLT
      Semiconductors
      Technology