AcquisitionsApr 23, 2026, 04:07 PM
Datavault AI to Acquire $50M Stake in Vivasor
AI Summary
Datavault AI Inc. has entered into a Subscription Agreement to acquire 8,163,265 shares of Vivasor, Inc.'s Series A Common Stock. The total purchase price for this transaction is $50 million. Datavault AI will pay the entire consideration by issuing 75,942,666 shares of its own common stock to Vivasor. The company also filed a prospectus supplement to register these Datavault shares.
Key Highlights
- Datavault AI to acquire 8,163,265 shares of Vivasor Series A Common Stock.
- The total purchase price for the acquisition is $50 million.
- Consideration will be paid entirely in 75,942,666 Datavault AI common shares.
- The purchase price per Vivasor share is $6.125.