What changed in this filing

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Item 1. Business

2026-03-18 compared with 2025-03-31 · 282 added, 243 removed, 15 unchanged (97% of the section changed)

We were formed as a Delaware limited liability company on July 23, 2010 and converted into a Delaware corporation, effective December 31, 2017.

Effective as of March 11, 2022, we changed our name to WiSA Technologies, Inc.

On December 31, 2024, we purchased certain intellectual property assets from EOS Technology Holdings Inc., followed by changing our name to Datavault AI Inc.

on February 13, 2025.

As we expand the business in the future with the assets from this acquisition, we plan to focus on cyber secure privacy protected data management and monetization and acoustic science innovations, as well as continuing to use wireless audio to transmit data and audio for consumer use and will solidify our position as an innovative leader in next-generation data technology.

Our established leadership in wireless HD spatial audio transmission semiconductors, technology modules and proprietary platforms are precision engineered in the United States from our Headquarters in Beaverton, Oregon.

Our inventions transform what our future customers will be able to achieve with data and multi-channel HD wireless audio.

Datavault AI stands at the forefront of innovation, delivering cutting-edge Web 3.0 data management and high-performance computing (HPC) solutions to a global audience.

Datavault AI is a pioneering technology licensing company that owns a portfolio of patented, secure platforms designed to redefine how data is managed, valued, and monetized in the modern era.

Leveraging our proprietary HPC capabilities and advanced software, we aim to empower future customers worldwide with revolutionary data solutions.

Once the acquired intellectual property assets are fully integrated and a revenue stream is established, we expect that the heart of our offerings will be our artificial intelligence (AI)-driven agents—branded as Data Vault®, DataValue®, DataScore®, and Data Vault Bank®.

These tools harness generative AI to deliver enterprise-grade data management solutions, that are differentiated by privacy first, cyber secure utilities tailored for the HPC landscape and the Web 3.0 paradigm.

Valuation, scoring based on a myriad of industry specific parameters as well as the ability to analyze our future customers’ data regarding their ownership, meta indexing, touch-less appraisal, cyber secure, regulatory compliant and reporting analytics are among the resources that the Data Vault platform will be able unlock for our future customers.

One key characteristic of Web 3.0 systems is the decentralized access to blockchain systems and the ability to mint smart contracts and other tools that change what organizations can achieve.

AI adds yield management that will focus on our future customers’ revenue, generated by data objects that our AI Agents - DataValue, DataScore and Data Vault Bank, will work on in parallel to maximize both inventory and yield.

Combination and derivative data, non-competitive, or controversial data is identified, objectified and priced through automation systems and Information Data Exchange unlocks.

Without the need to support storage, compute or other technology commodities, the company will focus on high yield data sets where Datavault AI and its future customers will stand to make value and revenue through actionable intelligence.

Without increasing the cyber or data security vulnerabilities, and without an activation or installing software, the capabilities in our Web 3.0 Data Vault platform will be adjunctive, trained on customizable and ubiquitous data sources from any network and in any format.

Telecom, VOIP, wireless, CCTV, IPTV, video surveillance, computer vision, and traditional databases are all compatible in a meta form.

In Data Vault, these data sets can be perceived, experienced, anchored, and minted into immortality in the form of non-fungible tokens, or sold directly to buyers on our Information Data Exchange.

In addition to compatibility, Datavault AI solutions are fortified with the blockchain characteristic of immutability and integrations with blockchains of any type, which sets our technology apart, and our Information Data Exchange provides for scalable, peer-to-peer transactional capability.

Our technology ensures data ownership immutability, experiential data observability, precise data asset valuation, and secure monetization—which we believe will unlock unprecedented opportunities for businesses in an increasingly data-driven world on which our executive leadership, with our engineering and software development teams, can capitalize.

Datavault AI has two synergistic platforms (Data Science and Acoustic Science) that plan to optimize the revenue generation of the Company.

Our Data Sciences Platform will be anchored by our flagship Data Vault® platform—a patented, cyber-secure asset tokenization platform that sets a new standard for trust and innovation in Web 3.0 data science.

Central to this platform are our industry-first Sumerian® crypto-anchors, which will be able to empower future customers to verify, validate, and monetize both physical and digital assets with confidence.

We believe this groundbreaking technology will enable future customers to seamlessly track and monetize historical, current, and future data tied to any asset, integrating effortlessly with existing systems.

By layering blockchain and AI-driven metadata atop diverse data sources, Data Vault® plans to provide licensees with a framework for indexing, valuing, scoring, and monetizing assets in immersive 2D and 3D experiential environments.

Complementing this, our patented Information Data Exchange® (IDE) will offer a secure, privacy-compliant marketplace where tokenized data and assets can be marketed, bought, and sold directly

between owners and buyers.

This division will enable enterprises to unlock the full potential of their data assets and provide the ability to turn data from a cost center into cash that can enrich their balance sheets.

Products and services of Datavault AI’s Data Sciences Platform, which we anticipate will be significant revenue generators in the future, include Data Vault®—our multi-patented Web 3.0 data perception, visualization, valuation & monetization software platform for high performance computing.

Data Vault will be monetized through licensing and software as a service (SaaS) contracts.

AI driven agents will be used within Data Vault to create new data assets and valuable insights for Datavault AI’s future customers in the data and AI space.

DataScore, DataValue, and Digital Twin Institute are Data Vault outputs that will be able to be monetized through revenue splits with future Datavault AI customers.

Our technology creates connections for our customers to their decentralized blockchains with capacity to connect to any qualified chain and the ability to create proprietary new blockchains for our future licensed customers.

Data Vault integrates data sets, mints digital assets on any blockchain and provides industry first crypto anchors, metadata asset indexing, blockchain tokenization systems management, data ownership monetization with Data Vault Bank automated smart contract production, VerifyU—our academic accreditation system, asset tokenization, name image likeness (NIL) monetization, Information Data Exchange®, encrypted data monetization, tokenized data and assets, each of which are easily tracked and will be easily monetized, all within the IDE, in one cohesive platform.

Data Science Division Overview

Datavault AI, through its flagship product Data Vault®, will deliver a pioneering Web 3.0 data management platform offered as a SaaS solution.

Data Vault® aims to redefine how organizations acquire, value, analyze, refine, and monetize their data assets by changing how it is valued, indexed, understood, experienced and turned into cash when it can be done compliantly and in a privacy, cyber secure and regulatory compliant first platform compliance.

This transformative technology integrates advanced Web 3.0 anchor technologies—including blockchain, AI, machine learning (ML), tracking and tracing systems, voice recognition, and 3D visualization—into a patented architecture that will empower future clients to unlock the full potential of their data.

The technology uses AI agents that will be trained on our future clients’ datasets to maximize the usefulness of data across our culture customers’ enterprises.

Secondarily, the platform’s will look to maximize the yield of data systems to offset their costs.

Unlike traditional data management systems, Data Vault® ensures that organizations retain complete ownership and control over their data, providing a secure and scalable foundation for enterprise innovation in the Web 3.0 and supercomputing era without ever moving, changing, ingesting, storing or altering our future customers’ data in any way.

The patented technology will solve for data privacy and security while also opening up data owners to a Global data marketplace that will give our future customers more capital to deploy in their core businesses and tools that will make their revenue generation advanced, and will keep pace with an entirely new Web 3.0 paradigm in how data is valued, protected and monetized to the benefit of Datavault AI clients.

Industry specific Agents and data objects of all types will result from the use of the platform by our future clients.

Our platform’s Information Data Exchange (IDE) introduces robust transactional capabilities, enabling seamless, secure, and transparent data interactions between data owners and users.

This facilitates a fair and equitable exchange of value, addressing the growing need for trusted data ecosystems as AI and ML technologies proliferate.

With decades of expertise in enterprise solutions and cybersecurity, our team has engineered Data Vault® to serve as a comprehensive data valuation, visualization, and monetization platform.

Its versatility will support a wide range of industries, including Biotech, Fintech, Hospitality, Casinos, Food Safety, Education, and Sports & Entertainment, unlocking scalable Web 3.0 opportunities tailored to each sector’s unique needs.

Addressing the Data Challenges of the Future

In an era defined by rapid technological advancement, the rise of AI presents both unprecedented opportunities and significant risks.

Unreliable or unsecured data undermines the integrity of AI systems, threatening the viability of corporations that depend on these technologies to remain competitive.

Data Vault® leverages blockchain technology to protect, price, and produce measurable value from data assets, ensuring that organizations can trust the data powering their AI-driven initiatives.

By providing observability and management of data rights across diverse sources, our platform mitigates risks related to data misuse, including threats to future customers’ name, image, likeness, and other sensitive data assets.

Data Vault® addresses the challenge head-on.

With compliance, cyber security and immutable audit trails, our technology will provide a unified framework for enterprises to index, value, score, and monetize their data assets through our patented information Data Exchange.

We plan for Datavault AI to become an important and trusted partner for businesses navigating the complexities of the digital Web 3.0 economy.

Acoustic Division Overview

Our Acoustic Division, anchored by our patented Adio® ultrasonic platform, is at the forefront of using wireless audio to transmit data and audio for the consumer’s use while enabling our future customers to monetize their usage and data.

Our technology addresses the needs for enhanced experiences in live events, trade shows, retail environment, consumers home entertainment systems, and on premise digital signage.

Acoustic Science

Our Acoustic Sciences Platform now features a fusion of WiSA’s proven and wireless standard technology and the category creating ADIO inaudible tone, data over sound, and mobile quick response technology.

ADIO technology was acquired with plans to enhance the revenue production and productization of WiSA E technology.

Prior to the acquisition of IP assets from EOS Technology Holdings Inc., we had established a leadership position in audio innovation within high-definition wireless audio transmission technology.

These multi-patented spatial and multichannel HD sound transmission technologies—including intellectual property covering audio timing, synchronization, and multi-channel Interference Cancellation—will integrate with the Adio technology we acquired in the acquisition.

Adio is a set of IP pioneering data-over-sound, sonic anchor, and inaudible tone transmission and receiver technologies.

Together, these capabilities create a powerful synergy, blending the extensive intellectual property portfolio that we recently acquired with WiSA’s legacy audio solutions.

We believe this collaboration will deliver transformative value across multiple markets, including sports and entertainment, education, retail, commercial, government, and scientific sectors.

By combining these exclusive patented technologies, we will not only enhance current and future customer experiences but also plan to redefine how data and sound converge can drive business success.

A Patented Ultrasonic Platform Powering Web 3.0 Innovation

Adio® represents a groundbreaking advancement in data-over-sound technology, leveraging ultrasonic signals to provide fully implemented use cases across industries such as advertising, biotech, fintech, e-commerce, AI, ML, broadcasting, streaming, event venues, food safety, ticketing, farming, logistics, livestock management, and credential validation.

This patented Web 3.0 anchor technology, branded Sumerian® integrates seamlessly with Datavault’s broader data management ecosystem, enabling data tokenization, objectification, and tracking.

When paired with complementary patented technologies—such as P-Chip’s micro transponder technology and BASF’s polymer solutions—Adio® achieves first-mover status in key market verticals, delivering a robust technology stack with significant competitive advantages.

Datavault AI Inc.

(“Datavault,” the “Company,” “us,” “our,” or “we”) is a pioneering technology licensing company that owns a portfolio of patented, secure platforms designed to redefine how data is managed, valued, and monetized in the modern era.

Leveraging our proprietary high-performance computing (“HPC”) capabilities and advanced software, our technology offerings are designed to ensure data ownership immutability, experiential data observability, precise data asset valuation, and secure monetization—which we believe will unlock significant opportunities for businesses in an increasingly data-driven world.

Datavault has two synergistic platforms—Data Sciences and Acoustic Sciences—that our executive leadership is focusing on as key drivers of future revenue growth.

Our Data Sciences division is focused on the delivery of cyber-secure, privacy protected data management and monetization technologies, the heart of which are our offerings of artificial intelligence (“AI”)-driven agents—branded as Data Vault®, DataValue®, DataScore®, and Data Vault Bank®.

We believe our Data Sciences division will redefine data management by providing a software as a service (“SaaS”) platform designed to enable organizations to acquire, value, refine, and monetize their data assets with unparalleled security and control.

Our Acoustic Sciences division is focused on technological innovations that have already produced advanced technologies in data-over-sound, low latency spatial audio and high-definition (“HD”) audio transmission, and our patented semiconductor and digital module technologies are currently being deployed by several key customers, including Bang & Olufsen, Harmon Kardon, Klipsch and other leading electronics manufacturers.

Recent Developments

Master Purchase Order Agreement - SanQtum

On January 4, 2026, we entered into a Master Purchase Order Agreement with AP Global Holdings LLC (d/b/a Available Infrastructure) in which we agreed to purchase SanQtum™ infrastructure and cybersecurity services under a services-based delivery model.

The agreement provides for an upfront payment of $250,000 and has an initial term of twelve months, subject to earlier termination in accordance with its terms.

Concurrent with execution of the agreement, the Company placed purchase orders to deploy the services across 100 cities within the contiguous United States.

API Media Acquisition

On January 22, 2026, we completed the acquisition of 100% of the outstanding equity interests of API Media Innovations Inc.

(“API Media”), a New Jersey-based provider of audio and visual technologies serving the media, sports, and entertainment industries, for aggregate cash consideration of $14.0 million pursuant to a Stock Purchase Agreement dated October 28, 2025.

API Media provides multi-channel engagement solutions, digital media integration, and audience intelligence services to sports venues and enterprise clients.

The acquisition is intended to expand the Company’s digital media capabilities and enhance its data monetization platform.

NYIAX Agreement and Plan of Merger

On March 18, 2026, we entered into an Agreement and Plan of Merger by and among us, DVLT Merger Sub Inc.

and NYIAX, Inc.

(“NYIAX”), pursuant to which we will acquire 100% of the equity of NYIAX in consideration for the issuance by us to NYIAX stockholders of 78,947,368 shares of our common stock with an aggregate fair value estimated to be $59.2 million based on the closing stock price on March 13, 2026 of $0.67 per share.

Data Sciences Division

The Data Sciences division develops and operates tools for the capture, processing, and compliant monetization of data to generate revenue and value for businesses.

The design of our proprietary data management platform, known as Data Vault, emphasizes compliance, privacy, and cybersecurity through patented technologies.

Our anticipated Information Data Exchange® (“IDE”), which is being built on IBM’s watsonx.ai™ platform, is expected to launch in 2026.

Data Vault Platform

We are in the final stages of the build-out of our Data Vault platform—our multi-patented Web 3.0 data perception, visualization, valuation and monetization software platform for HPC.

Central to this platform are our industry-first Sumerian® crypto-anchors, which we believe will enable future customers to seamlessly track and monetize historical, current, and future data tied to any asset.

Critically, Data Vault is designed to process data without ever moving, ingesting, storing, or altering our clients’ original datasets in any way.

All valuation, scoring, tokenization, and monetization will occur at the point of data creation through our sovereign private edge infrastructure.

We plan to monetize Data Vault through licensing and SaaS contracts.

DataScore, DataValue, and Digital Twin Institute are Data Vault outputs that we anticipate may be monetized through revenue splits with future customers.

Information Data Exchange

Our flagship IDE is a patented Web 3.0 platform that, upon rollout, will serve as a centralized marketplace and transactional engine for secure, real-time valuation, scoring, tokenization, and compliant monetization of data assets and real-world assets (“RWAs”).

IDE is designed to enable organizations to unlock the full economic potential of their data while retaining complete ownership and control.

The platform is intended to operate without ever moving, ingesting, storing, or altering clients’ original datasets, performing “tokenization at birth” at the edge of the network to create authenticated digital twins, tradable tokens, and immutable metadata objects—all in a privacy-first, cybersecurity-first, and fully regulatory-compliant environment.

We anticipate deploying IDE to power a family of specialized vertical marketplaces, including:

● International Elements Exchange ™:

Focused on tokenizing and trading rare earth minerals, unmined resources, commodities, and carbon credits (leveraging Sumerian traceability technology for immutable physical-to-digital anchoring).

● International NIL Exchange™ :

In January 2026, we entered into an agreement with Sports Illustrated to explore a potential collaboration for the development of a digital asset exchange focused on unlocking value in athlete name, image, and likeness (“NIL”) rights, memorabilia, and related assets, with targeted commercial launch in the second half of 2026.

● American Political Exchange ™:

Designed for transparent, Federal Election Commission-compliant tokenization and exchange of political contributions, advocacy assets, and related digital property.

Key technology and partnership integrations announced or executed in 2026 include:

● Enhanced credentialing and identity verification :

Partnership with CLEAR for biometric KYC/AML compliance, integrated via the Company’s VerifyU™ framework to support secure onboarding and regulatory adherence across all IDE marketplaces.

● NYIAX Platform :

Multi-year commercial and intellectual property licensing agreement (following the October 2025 letter of intent to acquire NYIAX), integrating IDE with NYIAX’s transparent blockchain-based trading technology built on the Nasdaq Financial Framework.

This delivers institutional-grade matching, pricing, clearing, settlement, smart contracts, and liquidity for tokenized assets.

The updated technology stack powering IDE and its specialized exchanges combines sovereign edge infrastructure with enterprise-grade AI and quantum-ready security:

● Available Networks SanQtum™ Platform (including SanQtum AI):

Serves as the national security-grade zero-trust cybersecurity vault and decentralized, GPU-rich HPC edge network.

SanQtum provides post-quantum encryption (NIST-approved FIPS 203/ML-KEM, 204/ML-DSA, 205/SLH-DSA (all as defined below)) quantum key encryption to counter “harvest now, decrypt later” threats, AI-driven continuous threat monitoring/detection/response with automated isolation, and ultra-low-latency processing across synchronized micro-edge data centers.

Initial activations in high-density markets such as New York and Philadelphia (Q1 2026) form the foundation for planned nationwide expansion to 100 U.S.

cities in 2026.

● IBM watsonx.ai Developer Studio :

Powers the Company’s proprietary DataScore and DataValue AI agents, which perform real-time economic scoring, valuation, risk assessment, pricing, and tokenization decisions.

These agents operate subordinate to human oversight and governance at all times, with human executives, compliance teams, and domain experts retaining final authority.

IBM watsonx.ai governance tools ensure transparency, auditability, bias monitoring, explainability, and alignment with responsible AI standards.

● Quantum-Secured Blockchain Technologies :

Quantum-resilient and quantum-grade encryption layered with tamper-resistant blockchain ledgers provide immutable records and smart-contract execution for all tokenized assets and exchanges.

This integrated stack—edge-native AI from IBM watsonx.ai running on SanQtum’s sovereign, quantum-secure HPC infrastructure and trading via NYIAX’s trading platform, built on the Nasdaq Financial Framework—enables compliant, ultra-low-latency agentic data commerce at scale.

It directly supports the Company’s 2026 growth objectives while addressing the rising demand for trusted, regulated data and RWA ecosystems across biotech, fintech, sports & entertainment, healthcare, government, and beyond.

Acoustic Sciences Division

Our Acoustic Sciences division delivers a proprietary fusion of proven wireless audio standards and pioneering data-over-sound technologies, creating transformative solutions for immersive audio experiences, secure data transmission, credentialing, and RWA tokenization.

ADIO® — Data Over Sound Platform

Our Acoustic Sciences division now features a fusion of our multi-patented, spatial, multichannel, HD wireless sound transmission WiSA HT and WiSA E® technologies and the novel ADIO inaudible tone, data-over-sound, and mobile quick response technology we have acquired from EOS Technology Holdings Inc.

(f/k/a Data Vault Holdings Inc.) (“EOS Holdings”).

ADIO is a set of pioneering, Web 3.0, data-over-sound, sonic anchor, and inaudible tone transmission and receiver technologies.

We believe that blending ADIO capabilities with our extensive audio solutions intellectual property portfolio creates powerful synergies that may deliver transformative value across multiple markets, including sports and entertainment, education, retail, commercial, government, and scientific sectors.

Our extensive patent portfolio underpins ADIO’s market leadership, featuring key issued claims that secure long-term ownership of critical verticals.

This IP spans both sender and receiver functionalities, covering applications in music tones, broadcasting, tracking and logistics, user and data validation, verification, and streaming.

and international patent coverage, this IP establishes a formidable barrier to entry for competitors, protecting both core and ancillary feature sets that drive Adio®’s versatility and scalability.

How Adio Works

Adio® enhances consumer and enterprise experiences by simplifying interactions with data and content.

Consumers will opt in via a single interface command, granting permission for Adio®’s listening utility to detect ultrasonic tones and deliver tailored responses—such as offers, multimedia content, or data visualizations—directly to their smartphones.

Unlike QR codes, which require camera-based interaction, Adio® uses microphones to ingest tones, reducing friction and improving accessibility.

These tones can be programmed for timed releases, encrypted file delivery, or networked data links, triggering responses like URLs, virtual reality experiences, or serialized multimedia content.

When integrated with Web 3.0 blockchain technology, Adio® supports digital rights management, authenticity verification, credentialing, tokenomics, and data validation, creating a secure and innovative ecosystem for both consumers and businesses.

Market Positioning and Use Cases

Adio® delivers an industry-first patented data-over-sound content delivery system that transcends traditional audio applications, unlocking future revenue potential.

In advertising and marketing, it enables brands to engage consumers through inaudible tones embedded in broadcasts or live events.

In food safety and asset tracking, Adio® pairs with marking technologies—such as molecular polymers, micro transponders, Wi-Fi, Bluetooth, radio frequency identification, near-field communication, and social media—to provide end-to-end traceability and authenticity validation.

Transmission channels range from dedicated tone transmitters to streaming platforms, radio, satellite, and social media, ensuring compatibility with existing sound infrastructure.

We believe this seamless integration, coupled with straightforward and cost-effective installation, will give our future customers a technical edge and will foster creativity in delivery.

Strategic Vision and Growth Opportunities

Our Acoustic Platform is committed to driving innovation in the wireless audio market with Adio and WiSA.

As a founding member of the WiSA Association, we promote interoperability and consumer choice through certified, logo-bearing products that ensure seamless performance across brands.

Our WiSA marketing strategy emphasizes two emerging needs:

immersive multichannel audio and robust wireless performance.

Our Adio strategy will enable our future customers to simultaneously transmit data to their customer for advertising, education, and public service announcements.

Jointly licensing Adio and WiSA software to premium audio brands and smart device manufacturers, we aim to revolutionize how consumers experience media content across mobile devices, televisions, soundbars, set-top boxes, and personal computers.

By combining our expertise in wireless audio with our innovative Adio® platform, we will redefine how sound can deliver both entertainment and utility across a variety of use cases.

Historically, our Acoustic Platform focused on developing modules that wirelessly transmit and receive audio directly to speakers.

In late 2023, we introduced WiSA E, a software-based wireless technology leveraging standard Wi-Fi chips, marking a significant evolution in our offerings.

Looking forward, we intend to license our proprietary software—currently embedded in our wireless modules—to third-party manufacturers, enabling them to integrate our technology into a broad range of Wi-Fi-enabled smart devices.

Comprehensive Datavault AI Market Opportunity and Strategic Vision

Datavault AI, through its patented Data Vault® platform, is uniquely positioned at the intersection of Web 3.0, AI, and enterprise data management, offering a first-to-market solution that aligns with the growing demand for decentralized, secure, and value-driven data ecosystems.

Our Data Vault platform’s use cases span operational enhancements—such as improving supply chain transparency in Food Safety, enabling secure patient data monetization in Biotech, or powering real-time analytics in Sports & Entertainment—to broader strategic initiatives that redefine how enterprises engage with their data and digital twins that will change what we can perceive from data today.

By integrating cutting-edge technologies into cohesive solutions and customer centric offerings for future customers, and licensing where our future customers connect to utilities we create which will help achieve our solutions on future customers’ networks, we can provide our future clients with the tools to not only adapt to the Web 3.0 landscape, but to lead within it.

Our solutions will provide for immediate acclamation to a world in Web 3.0 where data has become power itself.

Looking ahead, Datavault AI is committed to expanding the capabilities of Data Vault®, enhancing its utility across additional industries and use cases.

As the volume and complexity of data continue to grow, our focus remains on delivering innovative solutions that will empower our future clients to maintain sovereignty over their data while capitalizing on its economic potential.

Through continuous investment in research and development, strategic partnerships, and customer-centric innovation, we aim to solidify our leadership in the data management space and drive long-term value for our stakeholders by building a new customer base and revenue stream.

Our Business Focus

Datavault AI is dedicated to pioneering the future of data and audio technology through our innovative Data Vault® and Adio® platforms, delivering transformative Web 3.0 solutions that empower enterprises and consumers alike.

Our Data Platform will redefine data management by providing a first-to-market SaaS platform that enables organizations to acquire, value, refine, and monetize their data assets with unparalleled security and control.

Simultaneously, our Acoustic Platform will leverage our patented ultrasonic Adio® technology to deliver immersive wireless audio and data-over-sound applications, unlocking new utility across industries ranging from entertainment to food safety.

Together, these platforms position Datavault AI at the forefront of the digital and audio innovation landscape, addressing the growing demand for trusted, scalable, and value-driven ecosystems in the Web 3.0 era.

Our strategic focus is to accelerate growth and expand our market presence through a dual-pronged approach of mergers and acquisitions (M&A) and direct organic sales growth.

This intellectual property spans both sender and receiver functionalities, covering applications in music tones, broadcasting, tracking and logistics, user and data validation, verification, and streaming.

and international patent coverage, this intellectual property establishes a formidable barrier to entry for competitors, protecting both core and ancillary feature sets that drive ADIO’s versatility and scalability.

WiSA E — Wireless Audio Technology

In February 2025, the Company signed a strategic interoperability license agreement with Dolby Laboratories, allowing direct collaboration with system-on-chip providers to integrate patented WiSA E Express multichannel wireless audio software into Android and Linux-based streaming audio/visual (“A/V”) platforms.

This partnership enables wireless delivery of Dolby Atmos® immersive audio, with commercial deployments including the Sagemcom Video Soundbox set-top box platform (global shipments commenced December 2024, with continued expansion in 2025–2026).

Building on this foundation, Datavault launched the WiSA E Endeavour™ Receiver Module in September 2025 and advanced to WiSA Gen 2 software, delivering improved performance, lower latency, enhanced scalability for multi-speaker and commercial environments, and silicon-agnostic flexibility for original equipment manufacturers (“OEMs”).

The Company added nine new WiSA patents in 2025 (bringing the total issued or filed to 63) and engaged leading intellectual-property counsel to execute a global standards-based licensing campaign.

These WiSA advancements integrate directly with ADIO technology (acquired via the Company’s purchase of intellectual property assets from EOS Holdings and related portfolios).

ADIO provides fully implemented ultrasonic data-over-sound use cases across advertising, broadcasting, streaming, event venues, retail, logistics, livestock management, credential validation, and more.

Key commercial milestones in 2025–2026 include:

● Live activations during Super Bowl LX weekend (February 2026) in partnership with NFL Alumni, including Radio Row engagements with SiriusXM, CBS Sports, and others, demonstrating real-time audience interaction, authenticated credentialing, and tokenized content via ADIO data-over-sound.

● Extension to live outdoor and large-scale events through the strategic acquisition of API Media (definitive agreement October 2025;

closed January 23, 2026).

API Media brings proven media infrastructure, event technology solutions, digital media operations, audience intelligence, and revenue analytics expertise, directly expanding ADIO and WiSA capabilities into the live outdoor event market.

● Integration of CompuSystems, Inc.

(“CSI”) (acquisition closed May 2025), a premier provider of event registration, lead retrieval, and data analytics services for major trade shows and conferences.

CSI now operates as an internal division and serves

as a stable base of high-value events where ADIO, WiSA, and related technologies (including DVHOLO™ holographic displays) drive attendee engagement, lead monetization, and tokenized experiences.

● Growth is targeted in robotics, building on our success with set-top boxes, high end speakers and smart televisions we are working on provisioning our technologies for enterprise use within robotics and we’ve be approaching the World leading companies to capture use cases and requirements for this expansion in 2026.

Together, these technologies create powerful synergies with our Sumerian patented traceability platform (leveraging inaudible tones, P-Chip micro transponders, and BASF polymer solutions), enabling “sonic anchoring” of physical objects to immutable blockchain metadata objects.

This supports seamless data tokenization, objectification, tracking, and monetization on the IDE without compromising audio quality or user experience.

By combining Dolby-validated immersive wireless audio, proven WiSA interoperability standards, ADIO’s ultrasonic data capabilities, and strategic event-industry acquisitions (CSI and API Media), the Acoustic Sciences platform delivers measurable commercial traction and scalable revenue opportunities while reinforcing the Company’s leadership in Web 3.0 acoustic-data convergence.

These solutions enhance customer experiences, unlock new monetization streams, and integrate natively with the products and technologies being developed by our Data Sciences division for end-to-end secure, compliant, and tokenized data commerce.

Comprehensive Datavault Market Opportunity and Strategic Focus

Our strategic focus is to accelerate growth and expand our market presence through a dual-pronged approach of M&A and organic sales growth.

We intend to pursue targeted M&A opportunities to acquire complementary technologies, intellectual property, and customer bases that enhance our Data Vault and ADIO offerings, broaden our industry reach, and strengthen our competitive moat.

Concurrently, we are committed to scaling our direct sales efforts to penetrate key verticals—such as biotech, fintech, hospitality, and advertising—capitalizing on our first-mover advantages and robust patent portfolios.

Concurrently, we are committed to scaling our direct sales efforts to penetrate key verticals—such as biotechnology, fintech, hospitality, and advertising—capitalizing on our first-mover advantages and robust patent portfolios.

By integrating acquired assets with our existing platforms and leveraging our sales channels, we aim to rapidly expand our footprint, drive revenue growth, and deliver long-term value to our shareholders through future revenue and customer streams.

Our leadership remains focused on executing a disciplined growth strategy that maximizes enterprise value through organic innovation and strategic consolidation.

Industry Background

Datavault operates in the Web 3.0 ecosystem, which is defined by decentralization, blockchain technology, and user control over data, identity, and transactions.

This differs from the centralized Web 2.0 model.

According to Market Research Future, the global Web 3.0 blockchain market was valued at $6.6 billion in 2024 and is projected to reach $353.31 billion by 2035, growing at a CAGR of 43.6% from 2025 to 2035.

Growth is driven by demand for data privacy, digital assets (cryptocurrencies and non-fungible tokens (“NFTs”)), and infrastructure advances including 5G and 6G.

The market intersects trends in AI/machine learning integration for enterprises and wireless audio technologies.

Grand View Research estimates the broader Web 3.0 market at $2.25 billion in 2023 with a projected CAGR of 49.3% through 2030.

Straits Research forecasts the Web 3.0 blockchain market to grow from $4.84 billion in 2024 to $135.34 billion by 2033 at a CAGR of 44.8%.

Datavault’s patented Data Vault platform addresses data sovereignty, valuation, and monetization in decentralized environments.

Its ADIO technology uses ultrasonic signals and blockchain for applications in advertising and supply chain tracking.

The market is competitive and includes established technology companies and blockchain startups.

The worldwide data market is and has been highly competitive for decades and is rapidly evolving.

We compete on the basis of a number of factors, including:

● ability to operate in dynamic and elastic environments;

● extensibility across the enterprise, including development, operations and business users;

● propensity to enable collaboration between development, operations and business users;

● ability to monitor any combination of public clouds, private clouds, on-premise and multi-cloud hybrids;

● ability to provide advanced analytics and machine learning;

● ease of deployment, implementation and use;

● breadth of offering and key technology integrations;

● performance, security, scalability and reliability;

● quality of service and customer satisfaction;

● total cost of ownership;

● brand recognition and reputation.

Additionally, we compete with home-grown and open-source technologies across the categories described above.

We believe that we compete favorably with respect to the factors listed above.

However, many of our competitors have greater financial, technical and other resources, greater brand recognition, larger sales forces and marketing budgets, broader distribution networks, more diverse product and services offerings and larger and more mature intellectual property portfolios.

They may be able to leverage these resources to gain business in a manner that discourages customers from purchasing our offerings.

Furthermore, we expect that our industry will continue to attract new companies, including smaller emerging companies, which could introduce new offerings.

We may also expand into new markets and encounter additional competitors in such markets.

Human Capital Resources

As of March 16, 2026, we had 194 domestic employees with 193 of those employees classified as full-time.

In the United States, we had 66 employees, including 36 employees that work in our research and development department, 11 employees in our sales and marketing

department, 2 employees that work in our facilities and IT department and 8 employees that work in our general and administrative department.

In addition, we have one logistics employee in China, one sales employee in Taiwan and one sales employee in Korea.

In the United States, we had 194 employees, including 56 employees in our research and development department, 53 employees in our sales and marketing department, 85 employees in our general and administrative department.

None of our employees are represented by a labor union with respect to his or her employment.

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We have not experienced any work stoppages, and we consider our relations with our employees to be good.

Raw Materials

Our WiSA E code is exclusively on Realtek for 5ghz and Espressif for 2.4 ghz.

Our HT chips are sole sourced but we have plenty of inventory.

Speakers are sole sourced from Hansong but there are numerous other ODMs that could build speakers.

Historically, the company strategically partners with its vendors for specific products.

In each category, they are the primary source for parts.

Each has excess capacity to meet any surge in volume.

Each can be replaced with another vendor should a supply problem develop.

In 2025 and beyond, with the Data Vault IP acquisition and WiSA E software, we expect our revenue to shift to more software and less hardware.

No materials supplier makes up more than 10% of our purchases.

Reliance Upon One or a Few Customers

For the year ended December 31, 2024, Richsound Research Ltd.

Available Networks and IBM provide hardware and software solutions that the company has come to rely on.

IBM’s watsonx.ai and SanQtum are key suppliers to Datavault’s expansion into cyber secure digital assets and digital twins.

Dependence on One or a Few Major Customers

For the year ended December 31, 2025, Vivasor, Inc.

(“Vivasor”) accounted for 51% and Scilex Holding Company (“Scilex”) 26% of our net revenue.

For the year ending December 31, 2024, Richsound Research Ltd.

accounted for 29%, Sagemcom Broadband SAS 19%, Amazon 18% and Edom Technologies Co, Ltd.

10% of our net revenue.

For the year ending December 31, 2023, Amazon accounted for 25%, Edom Technologies Co, Ltd.

19%, Focus Camera 14% and Guo Guang Electric Co 13% of our net revenue.

It has been our experience that a large percentage of our sales have been attributable to a relatively small number of customers in any particular period.

Industry Background

Datavault AI operates within the burgeoning Web 3.0 ecosystem, a next-generation internet framework defined by decentralization, blockchain technology, and user-centric data control.

Web 3.0 represents a seismic shift from the centralized, platform-dominated Web 2.0 model toward a decentralized digital landscape where individuals and enterprises wield greater autonomy over their data, identity, and transactions.

According to Market Research Future, the global Web 3.0 blockchain market was valued at $2.2 billion in 2021 and is projected to reach $38.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 43.6% from 2024 to 2030.

This expansion is fueled by rising demand for data privacy, the proliferation of digital assets like cryptocurrencies and non-fungible tokens (NFTs), and advancements in internet infrastructure, such as 5G and 6G deployment.

The Web 3.0 market intersects two pivotal trends shaping Datavault AI’s strategic focus.

First, the integration of AI and ML into enterprise operations is driving demand for secure, decentralized data ecosystems.

Grand View Research estimates the broader Web 3.0 market, encompassing blockchain and AI-driven applications, at $2.25 billion in 2023, with a projected CAGR of 49.3% through 2030, reflecting the urgency for platforms like Data Vault® to address data valuation and monetization needs in sectors such as biotech, fintech, and hospitality.

Second, the audio technology sector is evolving toward wireless, multifunctional solutions, with Straits Research forecasting the Web 3.0 blockchain market—spanning innovative applications like Adio®’s data-over-sound technology—to grow from $3.34 billion in 2023 to $93.46 billion by 2032 at a CAGR of 44.8%.

This convergence of data and audio innovation within Web 3.0 creates a fertile landscape for Datavault AI’s offerings.

While established technology giants and blockchain startups vie for dominance, we believe the market remains ripe for pioneers who While established technology giants and blockchain startups vie for dominance, we believe the market remains ripe for pioneers who can deliver scalable, practical solutions.

Datavault AI plans to capitalize on this through its patented Data Vault® platform, which will empower enterprises to maintain data sovereignty amid growing cybersecurity threats, and its Adio® technology, which will leverage ultrasonic signals and blockchain to unlock novel use cases in advertising, supply chain tracking, and beyond.

As consumer and regulatory emphasis on data ownership intensifies—evidenced by the rapid adoption of decentralized finance (DeFi) and NFTs, with NFT funding surging to $4.8 billion in 2021 per CB Insights—we believe Datavault AI is poised to deliver shareholder value by bridging these industry trends with actionable, Web 3.0-enabled solutions for our future customers.

References for market size and growth projections:

- Web 3.0 blockchain market:

$2.2 billion (2021) to $38.6 billion (2030), CAGR 43.6% (Market Research Future).

- Broader Web 3.0 market:

$2.25 billion (2023), CAGR 49.3% through 2030 (Grand View Research).

- Web 3.0 blockchain market:

$3.34 billion (2023) to $93.46 billion (2032), CAGR 44.8% (Straits Research).

- NFT funding:

$4.8 billion in 2021 (CB Insights).

Our Technology

The combined patented data and acoustic technologies breakdown by platform follows;

Data Sciences Platform

Patented Technology Stack

Acoustic Data Perception

WiSA® - Wireless HD Transmission Technology

Data Ownership

Data Vault® - Data Experience AI Agent

Data Visualization

Data Vault Bank® - Smart Contract AI Agent

Data Valuation

DataValue® - Data Valuation AI Agent

DataScore® - Data Scoring AI Agent

Data Anchoring

Sumerian® - Crypto Anchors

Data Monetization

Information Data Exchange® - Buy & Sell Data

Acoustic Sciences Platform

Patented Technology Stack

Adio® - Inaudible Tones Technology

WiSA Spatial, HD Transmission

WiSA Association

Recent Developments

Nathaniel Bradley Inducement

We granted Mr.

Bradley, effective January 2, 2025, an inducement award agreement (the “Inducement Award Agreement”), pursuant to which Mr.

Bradley was granted 1,200,000 units of our restricted stock (the “Units”) as an inducement material to Mr.

Bradley’s entering into employment with us.

The Units were approved by the Board and granted outside of our 2020 Stock Incentive Plan and 2018 Long-Term Stock Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4).

The Inducement Award Agreement contemplates half of the Units vesting in equal 3-month installments over a 36-month period beginning March 20, 2025, and the other half of the Units vesting upon our aggregate revenue equaling or exceeding $40 million over any trailing 12 calendar month period ending on or prior to the date that is 5 years from the grant date.

February 26, 2025 RSA Grant to Employees, Directors and Officers

On February 26, 2025, we granted 6.1 million RSA awards from the 2018 Long-Term Stock Incentive Plan to our employees, directors and officers with a grant date fair value of $1.04 per share.

The award includes 2.2 million performance-based grants to certain executives which will vest upon the achievement of revenue milestones with the remaining awards containing service-based vesting requirements and are earned in equal increments over the subsequent twelve quarters.

Share Exchange Agreement

On March 16, 2025, we entered into a share exchange agreement (the “Share Exchange Agreement”) with NYIAX, Inc., a Delaware corporation (“NYIAX”), for the exchange of 900,000 NYIAX shares of common stock, par value $0.0001 per share (the “Shares”) for aggregate consideration of up to 5,000,000 shares of our common stock, par value $0.0001 per share (collectively, the “Exchange”).

NYIAX operates a NASDAQ-integrated trading platform that enables trading of long-term media contracts.

Using patented blockchain-powered technology, the platform brings financial market standards to advertising transactions, improving transparency and automation.

The Share Exchange Agreement provides that as consideration for the Shares transferred by NYIAX to us, we will issue to NYIAX (i) 3,000,000 newly issued, fully paid and nonassessable shares of our common stock (the “Closing Shares”), and (ii) 2,000,000 newly issued, fully paid and nonassessable shares of our common stock (the “Additional Shares”).

The Closing Shares shall be issued in four equal quarterly tranches starting from the closing.

The Additional Shares shall be issued only upon completion of a complete advertising cycle for a third party clientele, and upon the parties’ mutual written agreement that the Adio Platform has been integrated into the NYIAX Platform upon completion of the advertising cycle.

The Additional Shares shall be issued within thirty (30) days from the completion of the integration.

The Share Exchange Agreement includes customary representations and warranties and various customary covenants and closing conditions that are subject to certain limitations, including, without limitation, certain agreements.

Intellectual Property Cross-License Agreement

In connection with the Exchange, on March 16, 2025, we, entered into a white label, co-marketing and intellectual property cross-license agreement (the “License Agreement”) with NYIAX, where we received a non-exclusive license under certain of NYIAX’s jointly owned patent rights and know-how, and a non-exclusive license to white label NYIAX’s proprietary software-as-a-service advertising brokerage platform, all within the field of data, information and asset monetization and exchange.

In exchange, we granted to NYIAX a non-exclusive license under certain of our wholly owned patent rights, know-how and trademarks, including with respect to our Adio Platform, in the field of advertising buying, selling and brokerage.

As consideration for the’ services provided by NYIAX pursuant to the License Agreement and the rights to access and use the NYIAX Platform granted to us, we will issue to NYIAX 2,530,000 newly issued, fully paid and nonassessable shares (such shares, the “Consideration Shares”) of our common stock

As consideration for the rights granted to NYIAX under the License Agreement, NYIAX shall pay to us a license fee in the form of a convertible promissory note in the aggregate amount $2,500,000 (the “NYIAX Convertible Note”).

The NYIAX Convertible Note is due on the first anniversary of the closing.

NYIAX agreed to pay interest to us on the aggregate unconverted and then outstanding principal amount of the NYIAX Convertible Note at the rate of four percent (4%) per annum, accruing from the closing.

The NYIAX Convertible Note may be prepaid in full at NYIAX’s election.

The NYIAX Convertible Note will automatically convert at the earlier of (i) the maturity date, and (ii) the first underwritten public offering of NYIAX pursuant to an effective registration statement under the Securities Act, covering the offer and sale by NYIAX of its equity securities, as a result of or following which NYIAX shall be a reporting issuer under the Securities Exchange Act of 1934, as amended, and NYIAX Common Stock is listed on the trading market, at a conversion price of $2.00 per share.

The License Agreement includes customary representations and warranties and various customary covenants and closing conditions that are subject to certain limitations, including, without limitation, certain agreements.

Software Development Agreement

In connection with the Exchange, on March 16, 2025, we entered into a software development agreement (the “Software Development Agreement”) with NYIAX, pursuant to which NYIAX has engaged us to develop certain software and provide certain additional professional services as the parties will agree under one or more statements of work.

The Software Development Agreement includes customary representations and warranties and various customary covenants and closing conditions that are subject to certain limitations, including, without limitation, certain agreements.

Registered Direct Transaction

On February 13, 2025, we closed an offering (the “February 2025 Offering”) pursuant to the securities purchase agreement (the “February 2025 Purchase Agreement”) with the investors (the “February 2025 Investors”), In the February 2025 Offering, we issued and sold to the February 2025 Investors in a registered direct offering, (a) an aggregate of 4,757,126 shares of our common stock, par value $0.0001 per share, and (b) common stock purchase warrants (the “February 2025 Warrants”, and together with the shares, the “February 2025 Securities”) exercisable for an aggregate of up to 4,757,126 shares of common stock, at an exercise price of $1.14 per share (the “February 2025 Warrant Shares”) at a combined offering price of $1.14 per share, for aggregate gross proceeds of approximately $5.4 million.

The February 2025 Warrants will be immediately exercisable upon issuance and will expire on the fifth anniversary of the issuance date of the February 2025 Warrants.

Once issued, the February 2025 Warrants may be exercised, in certain circumstances, on a cashless basis pursuant to the formula contained in the February 2025 Warrants.

Under the February 2025 Purchase Agreement, we agreed, subject to certain exceptions, (i) not to offer for sale, issue, sell contract to sell, pledge or otherwise dispose of any of our shares of common stock or securities convertible into common stock until 30 days after the closing date of the February 2025 Offering, and (ii) not to issue certain securities if the issuance would constitute a variable rate transaction for a period of 4 months from the closing date of the February 2025 Offering, in each case unless we are required to complete a financing prior to the applicable date in order to satisfy Nasdaq’s continued listing requirements.

The February 2025 Securities to be issued in the registered direct offering and the February 2025 Warrant Shares issuable upon exercise of the February 2025 Warrants are being offered pursuant to our shelf registration statement on Form S-3 (File 333-267211) (the “Shelf Registration Statement”), initially filed by us with the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended (the “Securities Act”), on September 1, 2022 and declared effective on September 13, 2022.

Placement Agency Agreement

In connection with the February 2025 Offering, on February 13, 2025, we entered into a placement agency agreement (the “Placement Agency Agreement”) with Maxim Group LLC (the “Placement Agent”), pursuant to which the Placement Agent agreed to act as placement agent on a “reasonable best efforts” basis in connection with the February 2025 Offering.

Pursuant to the Placement Agency Agreement, we agreed to pay the Placement Agent an aggregate fee equal to 7.0% of the gross proceeds raised in the February 2025 Offering and reimburse the Placement Agent an amount up to $75,000 for expenses in connection with the February 2025 Offering.

We also agreed to issue the Placement Agent (or its designees) a private warrant (the “Placement Agent Warrant”) to purchase up to 5.0% of the aggregate number of February 2025 Securities sold in the offering, or warrants to purchase up to 475,713 shares of common stock (such shares, the “Placement Agent Warrant Shares”), at an exercise price equal to 125.0% of the offering price per share of common stock, or $1.425 per share.

The Placement Agent Warrants will be exercisable 6 months after the commencement of sales in the February 2025 Offering and will expire on the five year anniversary of the initial exercise date.

EOS Technology Holdings Inc.

Asset Purchase

On December 31, 2024 (the “DV Closing Date”), we completed the previously announced asset purchase of information technology assets, certain patents and trademarks (collectively, the “Acquired Assets”) from EOS Technology Holdings Inc.

(“EOS Holdings”).

At the DV Closing, pursuant to an asset purchase agreement, by and between us and EOS Holdings, dated as of September 4, 2024, and as amended by that certain amendment to the asset purchase agreement, dated as of November 14, 2024, and as further amended from time to time (the “DV Asset Purchase Agreement”), we acquired the Acquired Assets for an aggregate purchase price consisting of (i) $10,000,000 paid in the form of a promissory note issued by us to EOS Holdings (the “DV Convertible Note”), and (ii) 40,000,000 shares (the “Closing Stock Consideration”) of validly issued, fully paid and nonassessable shares of our restricted common stock, par value $0.0001 per share, issued by us to EOS Holdings and its designees.

Executive Leadership

On December 31, 2024, Brett Moyer, formerly Chief Executive Officer of the Company, assumed the role of Chief Financial Officer in connection with the DV Closing.

On December 31, 2024, we and Mr.

Moyer entered into a new employment agreement, dated as of December 31, 2024 (the “Moyer Employment Amendment”).

In his capacity as our Chief Financial Officer, pursuant to the Moyer Employer Agreement, Mr.

Moyer will receive an initial base salary of $420,000 per year, with an opportunity to receive an annual bonus, made available to our senior management from time to time by the Board.

Pursuant to the Moyer Employment Agreement, we will pay to Mr.

Moyer a stay bonus of $400,000, payable in quarterly instalments during 2025.

On December 31, 2024, pursuant to the Asset Purchase Agreement, the Board appointed Nathaniel Bradley as our new principal executive officer and a member of the Board, effective upon the Closing.

On December 31, 2024, we and Mr.

Bradley entered into an employment agreement, dated as of December 31, 2024 (the “Bradley Employment Amendment”).

In his capacity as our Chief Executive Officer, pursuant to the Bradley Employment Agreement, Mr.

Bradley will receive an initial base salary of $450,000 per year, with an opportunity to receive an annual bonus, made available to our senior management from time to time by the Board.

On February 13, 2025, we filed a Certificate of Amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware to change its name to “Datavault AI Inc.”

Intellectual Property

Intellectual property rights are a critical component of our business strategy and competitive positioning.

As of March 17, 2026, we own 46 issued U.S.

patents spanning technology such as acoustic data perception, data ownership, data visualization, data valuation, data scoring, data anchoring, data monetization, inaudible tones, data tokenization, and monetization platforms.

Additionally, we have 51 U.S.

patent applications currently pending in the United States, including 3 applications which have received a Notice of Allowance and are awaiting issuance, 5 PCT applications and 1 patent application pending before the European Patent Office.

The pending U.S.

patent applications, if issued, would be scheduled to expire between 2037 and 2045.

Despite our pending patent applications, there can be no assurance that our patent applications will result in issued patents, and issued patents may be challenged, narrowed, invalidated, or circumvented by third parties.

As of March 17, 2026, we own 30 registered trademarks in the United States and 15 registered trademarks and 2 pending in various non-U.S.

jurisdictions, including the European Union, Canada, the United

Kingdom, Australia, China, the Republic of Korea, and Brazil, with an additional 8 trademark applications pending in the United States.

However, we cannot guarantee that we will be able to secure trademark registrations or enforce exclusive rights in all jurisdictions in which we operate or seek to expand.

The Company’s patent portfolio is designed to support a platform-based architecture for the creation, authentication, valuation, and monetization of data assets across multiple industries.

These technologies enable data generated from digital interactions, physical environments, and sensor networks to be securely captured, verified, tokenized, and exchanged within distributed data marketplaces.

Through the integration of acoustic data signaling, blockchain-based anchoring mechanisms, and artificial intelligence–driven data analysis, the Company seeks to establish infrastructure that allows data to be treated as a tradable digital asset while maintaining verifiable ownership, provenance, and economic value.

Our intellectual property portfolio is organized across our core business divisions and technology stacks as follows:

Data Sciences Division

Our Data Sciences division manages the infrastructure for data valuation, ownership, and monetization through several proprietary technology stacks:

● Data Ownership (Data Vault – Data Experience AI Agent)

o This layer manages user identity and ownership rights, enabling consent-based data control and the establishment of data as a personal or corporate asset.

o Core Assets:

Protected by issued patents 11,593,515 and 11,960,622, as well as pending applications such as 18/895,362.

● Data Visualization (Data Vault Bank – Smart Contract AI Agent)

o Utilizes smart contract agents to provide interfaces for tokenized utilization of information and financial asset management.

o Core Assets:

Includes issued patent 12,340,394 (Tokenized Utilization of Event Information) and pending applications 17/842,220 (Funding a Virtual Location) and 17/441,847.

● Data Valuation (DataValue – Data Valuation AI Agent)

o This stack converts raw data into financial assets by determining economic value through automated valuation platforms.

o Core Assets:

Covered by issued patents 12,198,201 and 12,475,255, and pending foreign application EP 19882248.8.

● Data Scoring (DataScore – Data Scoring AI Agent)

o Provides AI-driven scoring for trust, reputation, and ESG metrics, as well as the tokenization of carbon credits.

o Core Assets:

Includes issued patent 12,443,977 (Carbon Credit Tokenization) and pending application 17/244,284.

● Data Anchoring (Sumerian – Crypto Anchors)

o Establishes multi-modal cryptographic anchors linking RWAs and data to blockchain records for authentication.

o Core Assets:

Pending applications include 17/842,139 (Tokenized Minting and Authentication) and 17/941,469.

● Data Monetization (IDE)

o Provides a marketplace for the negotiation, clearing, and execution of data asset transactions.

o Core Assets:

Includes issued patent 11,315,150 (Portfolio Driven Targeted Advertising Network) and pending applications like 17/842,265.

In addition to these core technology stacks, we are developing and protecting intellectual property in several emerging technology categories that extend the commercialization potential of our technology platforms:

● Tokenized Capital Markets Infrastructure (Financial Technology Stack)

o This category addresses transparency in capital markets and the prevention of illicit trading practices.

o Value/Trend:

Investor demand for tokenized assets is surging, and transparency is increasingly seen as a defense against market manipulation, specifically “naked short selling”.

The Nasdaq Stock Market LLC (“Nasdaq”) has recently proposed tokenizing listed stocks to enable instant settlement and transparent tracking.

o Applicable Patents:

This is supported by pending applications 19/445,241 and 19/452,873, and provisional 63/952,070, which specifically cover the mitigation of naked and excessive short selling through tokenized dividend distribution.

● ESG & Sustainability Infrastructure

o This category monitors and tokenizes environmental, social, and governance (ESG) metrics, transforming sustainability data into tradable assets like carbon credits.

o Value/Trend:

Sustainable investment is a primary theme for 2026, with the energy transition driving a multi-trillion dollar green economy.

Climate tech patents are increasingly cited in ESG reporting to satisfy investor demands for transparency and measurable impact.

o Applicable Patents:

This is anchored by issued patent 12,443,977 (Carbon Credit Tokenization).

● Biometric and Neuro-Authentication Technologies

o This stack creates secure authentication frameworks based on physiological signals, such as brainwaves and DNA profiles, which are inherently resilient to forgery.

o Value/Trend:

Brain-Computer Interfaces (BCIs) are moving from clinical use into consumer and security markets, offering a robust foundation for authentication that is difficult to replicate.

o Applicable Patents:

Includes issued patent 10,803,145 (Triggered Responses Based on Real-Time EEG) and pending application 17/941,623 for tokenizing DNA data.

● RWA and Data-Derived Asset Tokenization

o This layer links physical assets and sensors to blockchain records, enabling fractional ownership and instant liquidity for historically illiquid assets.

o Value/Trend:

A leading trend for 2026 is the expansion of tokenized assets beyond traditional stocks and bonds to include funds, real estate, and physical commodities.

Traditional financial institutions are actively converging with decentralized finance to embed blockchain in core operations.

o Applicable Patents:

Supported by published application 17/941,469 for tokenizing precious physical assets.

● Event & Location Data Tokenization Platforms

o This category relates to technologies that enable the creation, management, and monetization of digital tokens representing events, locations, and related contextual data within physical or virtual environments.

o Value/Trend:

The tokenization of events and location-based digital assets is emerging as a foundational infrastructure for next-generation commerce, digital identity, ticketing, and experiential marketing.

These technologies also support new monetization models in which event participation, venue engagement, and geographic presence can generate tokenized digital assets capable of being traded, redeemed, or integrated into broader digital ecosystems.

o Applicable Patents:

Technologies in this category are supported by issued patents and pending applications related to the creation, management, and monetization of tokenized event and location data, including applications 17/842,220, 17/842,139, and 17/842,265, which relate generally to the tokenization of virtual locations, authentication of digital assets associated with real-world events, and the exchange of tokenized data assets within distributed data marketplaces.

Acoustic Sciences Division

The Acoustic Sciences division focuses on the intersection of audio signal processing and data security.

Through our Acoustic Sciences division, we develop and commercialize wireless, HD, multi-channel audio technologies designed to enable the transmission and reception of uncompressed audio without the use of traditional speaker wiring, through the following technology stacks:

● ADIO Tones (ADIO – Inaudible Tones Technology)

o This stack utilizes inaudible acoustic signals to transmit data, verify location, and trigger real-time responses across mobile and IoT environments.

o Core Assets:

Protected by issued patents 10,460,709, 10,878,788, 11,030,983, and the ADIO and INAUDIBLE TONES trademarks.

Pending applications include 19/267,199 (US Pub.

2025/0342809 A1).

● WiSA HT (Home Theater Technology)

o WiSA HT is our legacy wireless home theater technology, developed to support uncompressed, multi channel high definition audio transmission for residential surround sound systems.

WiSA HT enables wireless audio delivery to up to eight channels with low latency and precise synchronization, allowing users to deploy home theater speaker systems without traditional speaker wiring.

The technology has been integrated into various consumer products, including televisions, wireless speakers, soundbars, and external transmitter devices, and operates within WiSA’s certification and interoperability framework to allow compatible products from different manufacturers to function together.

o Core Assets:

Protected by issued patents 9,183,838, 9,454,968, 9,723,580, 10,582,461, 10,602,468, 11,062,722, 11,152,011, 11,356,776, 12,375,862, 12,407,983, 12,431,156, 12,443,386, 12,439,352, 12,445,776, 12,488,783, 12,581,257.

Pending applications include 19/315,482 (US Pub.

2025/0386140 A1), 19/346,545 (US Pub.

2026/0024542 A1), 19/352,344 (US Pub.

2026/0040248 A1), 19/358,207 (US Pub.

2026/0040005 A1), 19/284,215 (US Pub.

2025/0358578 A1 (allowed, not yet issued)).

● WiSA E Platform (Next Generation Wireless Audio)

o WiSA E is our current and principal wireless audio platform and serves as the technological foundation for our ongoing product development and licensing activities.

WiSA E supports the wireless transmission of up to eight channels of uncompressed, high definition audio with low latency and tight channel synchronization, enabling immersive audio configurations such as 5.1.2 and 7.1 surround sound.

The platform is designed as an interoperable, standards based system, allowing certified WiSA E products from different manufacturers to operate together within a single audio environment.

WiSA E is intended for broad deployment across consumer and commercial devices and is positioned as a licensable and extensible technology asset rather than a single end user product.

o Core Assets:

Protected by issued patents 9,183,838, 9,454,968, 9,723,580, 10,582,461, 10,602,468, 11,062,722, 11,152,011, 12,375,862, 12,407,983, 12,431,156, 12,443,386, 12,439,352, 12,445,776, 12,488,783, 12,581,257.

Pending applications include 19/346,545, 19/352,344 (US Pub.

2026/0040248 A1), 19/358,207 (US Pub.

2026/0040005 A1), 19/284,215 (US Pub.

2025/0358578 (allowed, not yet issued)).

● WiSA E Hardware Module Solutions

o We offer a portfolio of WiSA E hardware modules intended for integration by OEMs into source devices, speakers, and audio systems.

These modules include (i) transmitter modules (including the Falcon transmitter module) designed to wirelessly transmit multi channel audio from source devices, (ii) receiver modules (including the Endeavour receiver module) designed for integration into powered speakers and audio systems to receive and process wireless audio signals, and (iii) enterprise grade transceivers designed for larger scale or commercial and venue based audio deployments.

These modules are engineered to comply with WiSA certification requirements and to support interoperability among certified devices, reducing development complexity and facilitating consistent performance across products and manufacturers.

o Core Assets:

Protected by issued patents 8,660,219, 9,554,211.

● WiSA E Software Based Implementations

o In addition to hardware based solutions, WiSA E may be deployed through software based implementations, enabling compatible devices to transmit multi channel wireless audio without dedicated transmitter hardware.

Such implementations may be embedded within operating systems or device firmware for products such as smart televisions, computers, or other connected devices.

Software based implementations are designed to preserve the core functional characteristics of the WiSA E platform, including high definition audio delivery, low latency, and precise synchronization, while offering manufacturers increased flexibility in product architecture and potential cost efficiencies.

These implementations may be subject to software licensing, update, and support arrangements.

o Core Assets:

Protected by issued patents 9,380,399.

● WiSA SoundSend

o WiSA SoundSend is a consumer facing wireless audio transmitter product that provides a commercial implementation of our wireless audio technology for end users.

SoundSend is designed to connect to compatible televisions and to wirelessly transmit multi channel high definition audio to WiSA certified speakers, enabling surround sound system deployment without the use of an A/V receiver or speaker wiring.

The product incorporates functionality for simplified setup, automatic speaker discovery, and synchronized audio playback.

SoundSend is positioned primarily as a standalone commercial product rather than as a licensable platform component and serves as a market ready demonstration of our underlying wireless audio capabilities.

● WiSA Certification and Interoperability Framework

o Our acoustic sciences products and technologies operate within a certification and interoperability framework intended to ensure compatibility among WiSA certified products across different manufacturers.

Products incorporating WiSA HT or WiSA E technology may be certified to operate together within a single system, supporting mix and match configurations while maintaining defined performance standards related to audio quality, latency, and synchronization.

This certification framework underpins our broader technology ecosystem and informs our commercial licensing, partnership, and product distribution strategies.

o Core Assets:

Pending Applications include 19/358,207 (US Pub.

2026/0040005 A1).

Government Regulation

Our business activities are subject to various federal, state, local, and foreign laws, rules, and regulations.

Compliance with these laws, rules, and regulations has not had a material effect on our capital expenditures, results of operations, and competitive position as compared to prior periods.

Nevertheless, compliance with existing or future governmental regulations, including, but not limited to, those related to global trade, business acquisitions, consumer and data protection, AI Technology, environmental or related requirements or disclosures, and taxes, could have a material impact on our business in future periods.

For more information on the potential impacts of government regulations affecting our business, see the section titled “Risk Factors.”

Our Corporate Information

1 unchanged sentence

We converted to a Delaware corporation, effective December 31, 2017.

Effective March 11, 2022, we changed our name to “WiSA Technologies, Inc.” On December 31, 2024, we completed the purchase of certain information technology assets, patents and trademarks from EOS Technology Holdings Inc.

Effective as of February 13, 2025, we changed our name to “Datavault AI Inc.” The address of our corporate headquarters is 15268 NW Greenbrier Pkwy, Beaverton, OR 97006.

Our website address is https://ir.datavaultsite.com.

The information contained in or accessible through our website is not part of this prospectus and is intended for informational purposes only.

Risk Factors.

As a smaller reporting company, the Company is not required to include the disclosure required under this Item 1A.

Effective as of February 13, 2025, we changed our name to “Datavault AI Inc.” We completed the acquisitions of CSI and API Media in May 2025 and January 2026, respectively.

The address of our corporate headquarters is One Commerce Square, 2005 Market Street, Suite 2400, Philadelphia, Pennsylvania 19103.

Website Access to SEC Filings

We file annual, quarterly and special reports, proxy statements and other information with the Securities and Exchange Commission (the “SEC”).

The SEC maintains an Internet website at http://www.sec.gov that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC, including Datavault.

We maintain an Internet website at https://ir.datavaultsite.com.

The information contained on our website or that can be accessed through our website does not constitute a part of this report and is intended for informational purposes only.

We make available, free of charge through our Internet website, our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act as soon as reasonably practicable after we electronically file or furnish this information to the SEC.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 1. Business