Datavault AI Signs Non-Binding LOI for 19.9% Stake in DataMEDS AI
Datavault AI says it entered a non-binding letter of intent to acquire a 19.9% equity stake in DataMEDS AI in consideration of an expanded technology license.
Story updates
12:01:30 PM UTC
SquawkNews
Datavault AI Inc. signed a non-binding LOI to acquire a 19.9% equity interest in DataMEDS in exchange for expanding its technology license; closing is subject to due diligence and definitive agreements.Material DetailsContext by AI AnalystThis is an early-stage strategic move to monetize DVLT’s hea…
12:05:41 PM UTC
SquawkNews
Datavault AI Will Have the Right to Designate One Director to DataMEDS Bd Following Closing of Proposed Transaction >DVLT
Datavault AI Inc. (NASDAQ:DVLT), an artificial intelligence platform company focused on data monetization, credentialing and real-world asset tokenization, said it has signed a non-binding letter of intent to acquire a…