{"success":true,"data":{"pressRelease":{"id":"127294","rtpr_id":"nGNX7n9lkf","ticker":"DVLT","exchange":"NASDAQ","all_tickers":["DVLT"],"title":"DVLT Shareholder Alert: October 5, 2026 Lead Plaintiff Deadline in Datavault AI Inc. Securities Class Action - Contact SueWallSt","author":"Globe Newswire","published_at":"2026-08-25T14:17:00.166Z","article_body":"NEW YORK, Aug. 25, 2026 (GLOBE NEWSWIRE) -- SueWallSt highlights the contrast\nbetween Datavault AI Inc. (NASDAQ: DVLT) promises and results for shareholders\nwho purchased securities between September 4, 2024 and October 30,\n2025. Check if you might be eligible to recover your investment losses\n(https://www.globenewswire.com/Tracker?data=ORKi-FacV_C2ACGA2ErKlq1mIyZJv8dcQyKr01rab4-p7wRKHKgNMqNfi-G_7_AugXUXABQ95PpfePU1bEq_vfGgVc7D5JZ68GIXU_7JPogbjFyaqIesl_FCjw51_BUzcAhxQEkEzocl2JQwf-SxSdUJcUMwswiGMDI7z2T7x5CUm0-nwZ8EbNDdHcb7ewMRPu5Op2ipgs8edO62u8TMRFiVCY-V0bqhUwRE0fCg0U84rzraZxwbe-wpTM3fbiB6).\nYou may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888)\nSueWallSt.\n\nDVLT shares fell $0.49 per share, or 19.44%, to close at $2.03 on October 31,\n2025. The Court has set October 5, 2026 as the deadline to apply for lead\nplaintiff appointment.\n\nThe Promise\n\nThe Company projected a future built on marquee agreements. In September 2025,\nDatavault AI announced a securities purchase agreement for a \"$150 million\nstrategic investment\" from Scilex Holding Company to fund a supercomputer and\nindependent data exchanges. In October 2025, it announced a Nature's Miracle\nlicense carrying a \"non-refundable license fee of $2 million\" plus a 35\npercent royalty, and in July 2025 described a Burke Products partnership\npositioned to deliver 2025 revenues within a defense sector where the U.S.\nbudget alone was cited as exceeding $900 billion.\n\nThe Reality\n\nResults revealed a very different picture, according to the complaint. A\nshort-seller report published October 31, 2025 stated Scilex reported only\n$4.1 million in cash and equivalents, and that Nature's Miracle reported only\n$9,511 in cash in its most recent quarterly filing before the license\nannouncement. The same report alleged Burke had never been awarded more than\n$4.5 million in contracts in any year since 2002, with contracts concerning\nordinary equipment such as hoses, piping, fuses and electrical connectors.\n\nPromise vs. Actual: By the Numbers\n* Promised Scilex investment: $150 million. Alleged Scilex cash on hand: $4.1\nmillion.\n* Promised Nature's Miracle license fee: $2 million. Alleged Nature's Miracle\ncash: $9,511.\n* Promised defense-sector positioning tied to a $900 billion budget. Alleged\nBurke 2025 awards: approximately $3.1 million.\n* IP acquisition price paid for the Datavault Platform: $210 million. Trading\nactivity on that platform was alleged to be minimal, if not non-existent.\n* Alleged insider stock sale proceeds during the Class Period: over $73.8\nmillion.\nWhat the Lawsuit Alleges About the Gap\n\nThe complaint alleges Datavault AI overstated the value of certain\npartnerships and the activity on its Datavault Platform, creating a misleading\npicture of the Company's business. According to the complaint, investors\npurchased shares at artificially inflated prices and suffered losses after a\nshort-seller report revealed contrary information.\n\n\"Companies that make specific promises to investors about future performance\nhave an obligation to disclose known risks to those projections. The complaint\nalleges a substantial gap between the announced value of these partnerships\nand the resources available to fulfill them.\" -- Joseph E. Levi, Esq.\n\nLearn more about the case\n(https://www.globenewswire.com/Tracker?data=CgtRMcFAKQfAQIFbhhPxS5K8g1GyVAkiRhaiJLP-agJBqPC9cGl9heavQGo0LOJApzYncXpW68BSZIXHlMZfau2RkSDkcGKthSCi0Ry5ApjAVdZZgU3r5fBrRUBgT9JvpPjesnutehrJF-l0ECNRZavuJ1OWB-JxT1iSc4W95u0nnZEz-rdn01HEjMCEhbDxFC46u06mKeVOIBQngRl9FA==)\nor call (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky\nLLP has established itself as a nationally-recognized securities litigation\nfirm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States.\n\nFrequently Asked Questions About the DVLT Lawsuit\n\nQ: What specific misstatements does the DVLT lawsuit allege? A: The complaint\nalleges Datavault AI Inc. made materially false or misleading statements\nregarding the economic value of its corporate partnerships and the volume of\ntrading activity on the Datavault Platform during the Class Period. The\nCompany's stock price declined sharply after a short-seller report questioned\nthe legitimacy and value of those partnerships and the reported platform\nactivity.\n\nQ: How much did DVLT stock drop? A: Shares fell approximately 19.44%, a\ndecline of $0.49 per share, to close at $2.03 after the October 31, 2025\nreport questioning the Company's announced partnerships, platform activity,\nand leadership history. Investors who purchased during the Class Period at\nartificially inflated prices and suffered losses may be eligible to seek\ncompensation.\n\nQ: Who is eligible to join the DVLT investor lawsuit? A: Investors who\npurchased DVLT stock or securities between September 4, 2024 and October 30,\n2025 and suffered financial losses may be eligible. Eligibility is based on\npurchase date and documented losses, not on whether you still hold the shares.\n\nQ: What do DVLT investors need to do right now? A: Investors may gather\nbrokerage records showing purchase dates, share quantities, and prices paid.\nContact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost,\nno-obligation case evaluation at jlevi@levikorsinsky.com or (212) 363-7500. No\nimmediate action is required to remain eligible as an absent class member.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the\ninvestor appointed by the court to represent the entire class. Lead plaintiffs\nare typically investors with the largest documented losses. Being appointed\ndoes not increase individual recovery but gives direct oversight of how the\ncase is run.\n\nQ: What if I already sold my DVLT shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthe shares. Investors who bought during the Class Period and sold at a loss\nmay still be eligible to participate.\n\nQ: What does it cost me to participate? A: There is no upfront cost to contact\nthe firm. Securities class actions are generally handled on a pure contingency\nbasis. No upfront fees, no retainer, and no out-of-pocket costs. Any\nattorneys' fees and expenses awarded to class counsel are subject to court\napproval.\n\nQ: What if I live outside the United States? A: U.S. securities class actions\ngenerally cover purchases on U.S. exchanges regardless of the investor's\ncountry of residence.\n\nCONTACT:\n\nLevi & Korsinsky, LLP\n\nJoseph E. Levi, Esq.\n\n33 Whitehall Street, 27th Floor\n\nNew York, NY 10004\n\njlevi@SueWallSt.com\n\nTel: (888) SueWallSt\n\nFax: (212) 363-7171\n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX7n9lkf","title":"DVLT Shareholder Alert: October 5, 2026 Lead Plaintiff Deadline in Datavault AI Inc. Securities Class Action - Contact SueWallSt","author":"Globe Newswire","ticker":"DVLT","created":"2026-08-25T14:17:00.166Z","tickers":["DVLT"],"exchange":"NASDAQ","article_body":"NEW YORK, Aug. 25, 2026 (GLOBE NEWSWIRE) -- SueWallSt highlights the contrast\nbetween Datavault AI Inc. (NASDAQ: DVLT) promises and results for shareholders\nwho purchased securities between September 4, 2024 and October 30,\n2025. Check if you might be eligible to recover your investment losses\n(https://www.globenewswire.com/Tracker?data=ORKi-FacV_C2ACGA2ErKlq1mIyZJv8dcQyKr01rab4-p7wRKHKgNMqNfi-G_7_AugXUXABQ95PpfePU1bEq_vfGgVc7D5JZ68GIXU_7JPogbjFyaqIesl_FCjw51_BUzcAhxQEkEzocl2JQwf-SxSdUJcUMwswiGMDI7z2T7x5CUm0-nwZ8EbNDdHcb7ewMRPu5Op2ipgs8edO62u8TMRFiVCY-V0bqhUwRE0fCg0U84rzraZxwbe-wpTM3fbiB6).\nYou may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888)\nSueWallSt.\n\nDVLT shares fell $0.49 per share, or 19.44%, to close at $2.03 on October 31,\n2025. The Court has set October 5, 2026 as the deadline to apply for lead\nplaintiff appointment.\n\nThe Promise\n\nThe Company projected a future built on marquee agreements. In September 2025,\nDatavault AI announced a securities purchase agreement for a \"$150 million\nstrategic investment\" from Scilex Holding Company to fund a supercomputer and\nindependent data exchanges. In October 2025, it announced a Nature's Miracle\nlicense carrying a \"non-refundable license fee of $2 million\" plus a 35\npercent royalty, and in July 2025 described a Burke Products partnership\npositioned to deliver 2025 revenues within a defense sector where the U.S.\nbudget alone was cited as exceeding $900 billion.\n\nThe Reality\n\nResults revealed a very different picture, according to the complaint. A\nshort-seller report published October 31, 2025 stated Scilex reported only\n$4.1 million in cash and equivalents, and that Nature's Miracle reported only\n$9,511 in cash in its most recent quarterly filing before the license\nannouncement. The same report alleged Burke had never been awarded more than\n$4.5 million in contracts in any year since 2002, with contracts concerning\nordinary equipment such as hoses, piping, fuses and electrical connectors.\n\nPromise vs. Actual: By the Numbers\n* Promised Scilex investment: $150 million. Alleged Scilex cash on hand: $4.1\nmillion.\n* Promised Nature's Miracle license fee: $2 million. Alleged Nature's Miracle\ncash: $9,511.\n* Promised defense-sector positioning tied to a $900 billion budget. Alleged\nBurke 2025 awards: approximately $3.1 million.\n* IP acquisition price paid for the Datavault Platform: $210 million. Trading\nactivity on that platform was alleged to be minimal, if not non-existent.\n* Alleged insider stock sale proceeds during the Class Period: over $73.8\nmillion.\nWhat the Lawsuit Alleges About the Gap\n\nThe complaint alleges Datavault AI overstated the value of certain\npartnerships and the activity on its Datavault Platform, creating a misleading\npicture of the Company's business. According to the complaint, investors\npurchased shares at artificially inflated prices and suffered losses after a\nshort-seller report revealed contrary information.\n\n\"Companies that make specific promises to investors about future performance\nhave an obligation to disclose known risks to those projections. The complaint\nalleges a substantial gap between the announced value of these partnerships\nand the resources available to fulfill them.\" -- Joseph E. Levi, Esq.\n\nLearn more about the case\n(https://www.globenewswire.com/Tracker?data=CgtRMcFAKQfAQIFbhhPxS5K8g1GyVAkiRhaiJLP-agJBqPC9cGl9heavQGo0LOJApzYncXpW68BSZIXHlMZfau2RkSDkcGKthSCi0Ry5ApjAVdZZgU3r5fBrRUBgT9JvpPjesnutehrJF-l0ECNRZavuJ1OWB-JxT1iSc4W95u0nnZEz-rdn01HEjMCEhbDxFC46u06mKeVOIBQngRl9FA==)\nor call (888) SueWallSt.\n\nWHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky\nLLP has established itself as a nationally-recognized securities litigation\nfirm that has secured hundreds of millions of dollars for aggrieved\nshareholders and built a track record of winning high-stakes cases. The firm\nhas extensive expertise representing investors in complex securities\nlitigation and a team of over 70 employees to serve our clients. For seven\nyears in a row, Levi & Korsinsky has ranked in ISS Securities Class Action\nServices' Top 50 Report as one of the top securities litigation firms in the\nUnited States.\n\nFrequently Asked Questions About the DVLT Lawsuit\n\nQ: What specific misstatements does the DVLT lawsuit allege? A: The complaint\nalleges Datavault AI Inc. made materially false or misleading statements\nregarding the economic value of its corporate partnerships and the volume of\ntrading activity on the Datavault Platform during the Class Period. The\nCompany's stock price declined sharply after a short-seller report questioned\nthe legitimacy and value of those partnerships and the reported platform\nactivity.\n\nQ: How much did DVLT stock drop? A: Shares fell approximately 19.44%, a\ndecline of $0.49 per share, to close at $2.03 after the October 31, 2025\nreport questioning the Company's announced partnerships, platform activity,\nand leadership history. Investors who purchased during the Class Period at\nartificially inflated prices and suffered losses may be eligible to seek\ncompensation.\n\nQ: Who is eligible to join the DVLT investor lawsuit? A: Investors who\npurchased DVLT stock or securities between September 4, 2024 and October 30,\n2025 and suffered financial losses may be eligible. Eligibility is based on\npurchase date and documented losses, not on whether you still hold the shares.\n\nQ: What do DVLT investors need to do right now? A: Investors may gather\nbrokerage records showing purchase dates, share quantities, and prices paid.\nContact SueWallSt, a brand of Levi & Korsinsky LLP, for a no-cost,\nno-obligation case evaluation at jlevi@levikorsinsky.com or (212) 363-7500. No\nimmediate action is required to remain eligible as an absent class member.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the\ninvestor appointed by the court to represent the entire class. Lead plaintiffs\nare typically investors with the largest documented losses. Being appointed\ndoes not increase individual recovery but gives direct oversight of how the\ncase is run.\n\nQ: What if I already sold my DVLT shares -- can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthe shares. Investors who bought during the Class Period and sold at a loss\nmay still be eligible to participate.\n\nQ: What does it cost me to participate? A: There is no upfront cost to contact\nthe firm. Securities class actions are generally handled on a pure contingency\nbasis. No upfront fees, no retainer, and no out-of-pocket costs. Any\nattorneys' fees and expenses awarded to class counsel are subject to court\napproval.\n\nQ: What if I live outside the United States? A: U.S. securities class actions\ngenerally cover purchases on U.S. exchanges regardless of the investor's\ncountry of residence.\n\nCONTACT:\n\nLevi & Korsinsky, LLP\n\nJoseph E. Levi, Esq.\n\n33 Whitehall Street, 27th Floor\n\nNew York, NY 10004\n\njlevi@SueWallSt.com\n\nTel: (888) SueWallSt\n\nFax: (212) 363-7171\n\nAttorney Advertising. Prior results do not guarantee similar outcomes.\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-25T14:17:00.20284203Z","server_sent_at_ms":1787667420202},"received_at":"2026-08-25T14:17:00.333Z","source_url":null},"analysis":{"id":"116223","press_release_id":"127294","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":["Lawsuit alleges $150M Scilex investment vs $4.1M cash on hand","Lawsuit alleges $2M Nature's Miracle license vs $9,511 cash on hand","Alleged insider stock sales of over $73.8M during class period"],"eventType":"legal_litigation","narrative":"Levi & Korsinsky, operating as SueWallSt, reminded investors of the October 5, 2026 deadline to seek lead plaintiff status in the class action against Datavault AI Inc.\n\nThe lawsuit alleges the company overstated the economic value of partnerships with Scilex Holding Company, Nature's Miracle, and Burke Products, citing significant discrepancies between announced deal values and the partners' reported financial resources.\n\nDVLT shares fell 19.44% to close at $2.03 on October 31, 2025, following a short-seller report that questioned these partnerships and platform activity.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation regarding class action lawsuit allegations."},"keyFigures":{"customDimensions":{"class_period_end":"October 30, 2025","stock_drop_amount":"$0.49","class_period_start":"September 4, 2024","stock_drop_percent":"19.44%","scilex_cash_alleged":"$4.1 million","ip_acquisition_price":"$210 million","alleged_insider_sales":"$73.8 million","lead_plaintiff_deadline":"October 5, 2026","scilex_investment_promise":"$150 million","natures_miracle_fee_promise":"$2 million","natures_miracle_cash_alleged":"$9,511"}},"quotedText":"Companies that make specific promises to investors about future performance have an obligation to disclose known risks to those projections.","namedEntities":{"people":[{"name":"Joseph E. Levi","role":"Attorney"}],"products":["Datavault Platform"],"companies":[{"name":"Datavault AI Inc.","ticker":"DVLT"},{"name":"Scilex Holding Company","relationship":"partner"},{"name":"Nature's Miracle","relationship":"partner"},{"name":"Burke Products","relationship":"partner"},{"name":"Levi & Korsinsky, LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$150 million","context":"promised Scilex strategic investment"},{"amount":"$4.1 million","context":"alleged Scilex cash and equivalents"},{"amount":"$2 million","context":"promised Nature's Miracle license fee"},{"amount":"$9,511","context":"alleged Nature's Miracle cash"},{"amount":"$900 billion","context":"U.S. defense sector budget"},{"amount":"$3.1 million","context":"alleged Burke 2025 awards"},{"amount":"$210 million","context":"IP acquisition price paid for Datavault Platform"},{"amount":"$73.8 million","context":"alleged insider stock sale proceeds"},{"amount":"$0.49","context":"share price decline on October 31, 2025"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued by Levi & Korsinsky (SueWallSt). No new disclosure from the issuer; this is a routine lead-plaintiff-deadline reminder regarding a pre-existing class action."},"tickerRelevance":{"others":[],"primary":"DVLT"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Levi & Korsinsky, operating as SueWallSt, reminded investors of the October 5, 2026 deadline to seek lead plaintiff status in the class action against Datavault AI Inc.\n\nThe lawsuit alleges the company overstated the economic value of partnerships with Scilex Holding Company, Nature's Miracle, and Burke Products, citing significant discrepancies between announced deal values and the partners' reported financial resources.\n\nDVLT shares fell 19.44% to close at $2.03 on October 31, 2025, following a short-seller report that questioned these partnerships and platform activity.","key_figures":{"customDimensions":{"class_period_end":"October 30, 2025","stock_drop_amount":"$0.49","class_period_start":"September 4, 2024","stock_drop_percent":"19.44%","scilex_cash_alleged":"$4.1 million","ip_acquisition_price":"$210 million","alleged_insider_sales":"$73.8 million","lead_plaintiff_deadline":"October 5, 2026","scilex_investment_promise":"$150 million","natures_miracle_fee_promise":"$2 million","natures_miracle_cash_alleged":"$9,511"}},"named_entities":{"people":[{"name":"Joseph E. Levi","role":"Attorney"}],"products":["Datavault Platform"],"companies":[{"name":"Datavault AI Inc.","ticker":"DVLT"},{"name":"Scilex Holding Company","relationship":"partner"},{"name":"Nature's Miracle","relationship":"partner"},{"name":"Burke Products","relationship":"partner"},{"name":"Levi & Korsinsky, LLP","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$150 million","context":"promised Scilex strategic investment"},{"amount":"$4.1 million","context":"alleged Scilex cash and equivalents"},{"amount":"$2 million","context":"promised Nature's Miracle license fee"},{"amount":"$9,511","context":"alleged Nature's Miracle cash"},{"amount":"$900 billion","context":"U.S. defense sector budget"},{"amount":"$3.1 million","context":"alleged Burke 2025 awards"},{"amount":"$210 million","context":"IP acquisition price paid for Datavault Platform"},{"amount":"$73.8 million","context":"alleged insider stock sale proceeds"},{"amount":"$0.49","context":"share price decline on October 31, 2025"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-25T16:52:01.687Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":240900,"modelName":"glm-4.7"}}