EFDID: 553039EFD: Raw Data

Issuer: Datavault AI Inc. (0001682149) - D

Accession: 0001104659-25-035128 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Apr. 15, 2025
EFD Posted: Apr. 15, 2025
- < edgarSubmission >
  < schemaVersion > X0708 </ schemaVersion >
  < submissionType > D </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001682149 </ cik >
  < entityName > Datavault AI Inc. </ entityName >
- < issuerAddress >
  < street1 > 15268 NW GREENBRIER PKWY </ street1 >
  < city > BEAVERTON </ city >
  < stateOrCountry > OR </ stateOrCountry >
  < stateOrCountryDescription > OREGON </ stateOrCountryDescription >
  < zipCode > 97006 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 408-627-4716 </ issuerPhoneNumber >
  < jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < previousName > WiSA Technologies, Inc. </ previousName >
  < previousName > Summit Semiconductor Inc. SUMMIT SEMICONDUCTOR LLC </ previousName >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < previousName > WISA TECHNOLOGIES, INC. </ previousName >
  < previousName > Summit Wireless Technologies, Inc. </ previousName >
  < previousName > Summit Semiconductor Inc. </ previousName >
  </ edgarPreviousNameList >
  < entityType > Corporation </ entityType >
- < yearOfInc >
  < overFiveYears > true </ overFiveYears >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Brett </ firstName >
  < lastName > Moyer </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 15268 NW Greenbrier Pkwy </ street1 >
  < city > Beaverton </ city >
  < stateOrCountry > OR </ stateOrCountry >
  < stateOrCountryDescription > OREGON </ stateOrCountryDescription >
  < zipCode > 97006 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Chief Financial Officer </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Nathaniel </ firstName >
  < lastName > Bradley </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 15268 NW Greenbrier Pkwy </ street1 >
  < city > Beaverton </ city >
  < stateOrCountry > OR </ stateOrCountry >
  < stateOrCountryDescription > OREGON </ stateOrCountryDescription >
  < zipCode > 97006 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Chief Executive Officer </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Kimberly </ firstName >
  < lastName > Briskey </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 15268 NW Greenbrier Pkwy </ street1 >
  < city > Beaverton </ city >
  < stateOrCountry > OR </ stateOrCountry >
  < stateOrCountryDescription > OREGON </ stateOrCountryDescription >
  < zipCode > 97006 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Jeffrey </ firstName >
  < middleName > M. </ middleName >
  < lastName > Gilbert </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 15268 NW Greenbrier Pkwy </ street1 >
  < city > Beaverton </ city >
  < stateOrCountry > OR </ stateOrCountry >
  < stateOrCountryDescription > OREGON </ stateOrCountryDescription >
  < zipCode > 97006 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > David </ firstName >
  < lastName > Howitt </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 15268 NW Greenbrier Pkwy </ street1 >
  < city > Beaverton </ city >
  < stateOrCountry > OR </ stateOrCountry >
  < stateOrCountryDescription > OREGON </ stateOrCountryDescription >
  < zipCode > 97006 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Helge </ firstName >
  < lastName > Kristensen </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 15268 NW Greenbrier Pkwy </ street1 >
  < city > Beaverton </ city >
  < stateOrCountry > OR </ stateOrCountry >
  < stateOrCountryDescription > OREGON </ stateOrCountryDescription >
  < zipCode > 97006 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Sriram </ firstName >
  < lastName > Peruvemba </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 15268 NW Greenbrier Pkwy </ street1 >
  < city > Beaverton </ city >
  < stateOrCountry > OR </ stateOrCountry >
  < stateOrCountryDescription > OREGON </ stateOrCountryDescription >
  < zipCode > 97006 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Robert </ firstName >
  < lastName > Tobias </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 15268 NW Greenbrier Pkwy </ street1 >
  < city > Beaverton </ city >
  < stateOrCountry > OR </ stateOrCountry >
  < stateOrCountryDescription > OREGON </ stateOrCountryDescription >
  < zipCode > 97006 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Wendy </ firstName >
  < lastName > Wilson </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 15268 NW Greenbrier Pkwy </ street1 >
  < city > Beaverton </ city >
  < stateOrCountry > OR </ stateOrCountry >
  < stateOrCountryDescription > OREGON </ stateOrCountryDescription >
  < zipCode > 97006 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Other Technology </ industryGroupType >
  </ industryGroup >
- < issuerSize >
  < revenueRange > Decline to Disclose </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06b </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > false </ isAmendment >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2025-03-31 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  < isOptionToAcquireType > true </ isOptionToAcquireType >
  < isSecurityToBeAcquiredType > true </ isSecurityToBeAcquiredType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Maxim Group LLC </ recipientName >
  < recipientCRDNumber > 000120708 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 300 Park Ave </ street1 >
  < street2 > 16th Floor </ street2 >
  < city > New York </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 10022 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > NY </ state >
  < description > NEW YORK </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 16666666 </ totalOfferingAmount >
  < totalAmountSold > 0 </ totalAmountSold >
  < totalRemaining > 16666666 </ totalRemaining >
  < clarificationOfResponse > The Company issued warrants to purchase 6,448,700 shares in an initial closing and will issue warrants to purchase 12,897,401 shares at an additional closing, the exercise of the warrants is for $0.8615 per share and subject to stockholder approval. </ clarificationOfResponse >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 3 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 1333333 </ dollarAmount >
  < isEstimate > true </ isEstimate >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > Maxim Group LLC ("Maxim") acted as the placement agent in connection with the offering. Maxim will receive a sales commission equal to 8.0% of the gross proceeds from any warrants exercised. </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 0 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse />
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > Datavault AI Inc. </ issuerName >
  < signatureName > /s/ Brett Moyer </ signatureName >
  < nameOfSigner > Brett Moyer </ nameOfSigner >
  < signatureTitle > Chief Financial Officer </ signatureTitle >
  < signatureDate > 2025-04-15 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Apr. 15, 2025
EFD Posted: Apr. 15, 2025