Datavault AI Inc. (NASDAQ: DVLT) has issued a formal response to what it describes as a false and defamatory short report published by Wolfpack Research. The company stated that the report contains misleading claims intended to manipulate DVLT stock for short sellers’ financial gain. Datavault AI has retained Paul Hastings LLP and Dickinson Wright PLLC to pursue legal remedies against the research firm.
Litigation counsel Jacob Frenkel noted the company’s intent to hold Wolfpack accountable for what he characterized as abusive, fraudulent, and manipulative practices. The legal action represents a significant escalation in the company’s response to the short report, which Datavault AI claims contains numerous inaccuracies designed to undermine investor confidence in the company.
CEO Nathaniel T. Bradley reaffirmed Datavault AI’s strong intellectual property foundation, which now exceeds 70 patents across multiple technology domains. The company’s patent portfolio covers AI-driven data valuation, blockchain tokenization, and acoustic data systems. Bradley highlighted ongoing partnerships, acquisitions, and media initiatives that underscore the company’s growth and innovation strategy in the competitive data management sector.
Datavault AI’s technology platform serves multiple industries through its cloud-based solutions, including HPC software licensing for sports and entertainment, events and venues, biotech, education, fintech, real estate, healthcare, and energy sectors. The company’s Information Data Exchange enables Digital Twins and licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata objects.
The company maintains its headquarters in Beaverton, Oregon, and continues to develop its comprehensive technology suite that offers AI and Machine Learning automation, third-party integration, detailed analytics, marketing automation, and advertising monitoring capabilities. Additional information about the company is available at https://www.datavaultsite.com, while the latest news and updates relating to DVLT are accessible through the company’s newsroom at https://ibn.fm/DVLT.
This news story relied on content distributed by InvestorBrandNetwork (IBN). Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Datavault AI Condemns Wolfpack Research Short Report and Announces Legal Action.