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Datavault AI issues USD 25.03 million unsecured convertible note
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Datavault AI issues USD 25.03 million unsecured convertible note
  • Datavault AI priced a USD 25.03 million unsecured convertible promissory note in a private placement with Streeterville Capital.
  • Investor paid USD 25 million for the note; principal includes USD 30,000 of transaction expenses.
  • Note carries 8% interest; maturity is 30 months from funding.
  • Conversion price set at USD 1.55 per share, with a later switch to a market-based formula tied to VWAP.
  • Deal also issued 15,000,000 common shares as pre-delivery shares; investor can buy up to USD 25 million of additional notes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Datavault Ai Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-098494), on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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