Datavault AI Board Approves $125M Rights Offering

Datavault AI (NASDAQ: DVLT) is making a bold financial move, announcing that its board of directors has approved a rights offering aimed at existing holders of common stock and certain other company securities. With a record date set for October 9, 2026, the company plans to offer up to $50 million of Common Unit subscription rights and up to 3 million Preferred Units, representing up to $75 million of Preferred Unit subscription rights. Moody Capital Solutions will act as dealer manager for the offering. The Common Units are priced at 20 cents each and include one common share plus rights to purchase additional shares at 25 cents and 30 cents. The Preferred Units, priced at $25 each, include one preferred share and rights to purchase additional preferred shares at $30 and $35. The preferred stock carries a $25 stated value and liquidation preference, and pays a cumulative annual dividend of $2.10 per share. Datavault AI intends to use the net proceeds for working capital and general corporate purposes, which may include strategic transactions, acquisitions or investments.

Datavault AI is positioning itself as a leader in AI-driven data experiences, asset valuation and monetization within the Web 3.0 environment. Its cloud-based platform operates through two divisions: Acoustic Sciences, which features patented technologies like WiSA(R), ADIO(R) and Sumerian(R) for spatial and multichannel wireless high-definition sound transmission; and Data Sciences, which leverages Web 3.0 and high-performance computing for experiential data perception, valuation and secure monetization. The company serves multiple industries, including sports and entertainment, biotech, education, fintech, real estate, healthcare and energy. Its Information Data Exchange(R) enables Digital Twins and the licensing of name, image and likeness by securely attaching physical objects to immutable metadata, fostering responsible AI with integrity. The technology suite offers AI and machine-learning-based automation, third-party integration, detailed analytics, marketing automation and advertising monitoring. Headquartered in Philadelphia, Datavault AI continues to expand its reach and capabilities.

The announcement comes as Datavault AI seeks to strengthen its financial position and fund potential growth initiatives. The rights offering allows existing shareholders to participate in the company's future, potentially at a discount to market prices. For more details, the full press release is available at https://ibn.fm/qnlyP. Investors can also stay updated on DVLT news through the company's newsroom at https://ibn.fm/DVLT. DefenseWireNews, a specialized communications platform for defense contractors, aerospace firms and cybersecurity leaders, is powered by IBN, one of 75+ brands in the Dynamic Brand Portfolio.