Datavault AI Inc. (NASDAQ: DVLT) announced that its board of directors has approved a rights offering to holders of its common stock and certain other company securities, with a record date of Oct. 9, 2026. The company expects 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 serve as dealer manager for the offering.
The Common Units will be priced at 20 cents and will include one common share and rights to purchase additional shares at 25 cents and 30 cents. The Preferred Units will be priced at $25 and will include one preferred share and rights to purchase additional preferred shares at $30 and $35. The preferred stock will carry a $25 stated value and liquidation preference and will pay a cumulative annual dividend of $2.10 per share.
Datavault AI intends to use the net proceeds from the offering for working capital and general corporate purposes, potentially including strategic transactions, acquisitions, or investments. The rights offering could provide the company with significant capital to pursue growth initiatives in the competitive AI and Web 3.0 sectors.
Datavault AI is known for its AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. Its cloud-based platform offers solutions through its Acoustic Sciences and Data Sciences divisions. The Acoustic Sciences division features patented technologies such as WiSA, ADIO, and Sumerian, which focus on spatial and multichannel wireless high-definition sound transmission. The Data Science division leverages Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization.
The company’s platform serves multiple industries, including high-performance computing software licensing for sports and entertainment, events and venues, biotech, education, fintech, real estate, healthcare, and energy. Its Information Data Exchange enables Digital Twins and the licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata, fostering responsible AI with integrity. The technology suite is fully customizable and offers AI- and machine-learning-based automation, third-party integration, detailed analytics, marketing automation, and advertising monitoring.
For more information about Datavault AI, visit https://dvlt.ai. The latest news and updates relating to DVLT are available in the company’s newsroom at https://ibn.fm/DVLT. To view the full press release, visit https://ibn.fm/qnlyP.
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