Datavault AI Finalizes Strategic Acquisition of CompuSystems, Inc. Assets
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Inc. (Nasdaq: DVLT) (the 'Company' and 'Datavault AI'), a leader in AI-driven data experience, valuation and monetization, announced it expects to finalize the strategic acquisition of CompuSystems, Inc. (CSI) assets today, May 20, 2025. In alignment with this milestone, the Company will host a business update call at 9:00 AM ET, as previously announced.
'The closing of the CSI acquisition will mark a pivotal step in Datavault AI's growth strategy,' said Nathaniel Bradley, CEO of Datavault AI. 'Since the deal's announcement, we have begun client outreach, positioning the business for strong growth. We are focused on monetizing the historical, present and future data of CSI along with transitioning the entire company to scalable, repeatable and customer first solutions. Leveraging our patented suite of Web 3.0 technologies is paramount, and we are strengthening our team with an infusion of talent and event expertise that will provide us with a stable base of clientele, events and deal flow. By using our technologies inside meaningful and highly efficacious deployments and events with CSI, our AI and machine learning will also improve. Data Vault events will expand our revenue generation in a way that we can automate, replicate and scale. Our IBM watsonx TM -powered AI platform and our Datavault AI agents will improve our customers' satisfaction, revenue generation and spend with Datavault AI in coveted sports, entertainment and venue markets. We've begun to apply our patented technologies of Data Vault, Adio, and WiSA towards exploiting these markets, and we expect to benefit from the technical capabilities that afford us a competitive advantage in managing events.'
'We anticipate CSI will deliver solid revenue in 2025, comprising the majority of our 2H 2025 revenue target of $12 million to $15 million. Building on this momentum in 2026, the acquisition is expected to account for $15 million to $20 million of our target $40 million to $50 million in total revenue next year driven from a combination of DVHOLO, Adio, WiSA and Data Vault licensing and sales on our patented Information Data Exchange. I look forward to sharing more details and a broader business update during our investor call today,' added Bradley.
In conjunction with the closing, Datavault will name John Mark LoGiurato as President of the CSI Division of Datavault AI (the 'CSI Division'). On May 20, 2025, in connection with Mr. LoGiurato's appointment as President of the CSI Division, Mr. LoGiurato will be granted 500,000 units of restricted stock of Datavault AI (the 'Units') as an inducement material to Mr. LoGuirato's entering into employment with the Company. The Units were approved by the board of directors of the Company and granted outside of the Company's 2020 Stock Incentive Plan and 2018 Long-Term Stock Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4). In connection with the award of Units, Mr. LoGiurato and the Company have entered into an Inducement Award Agreement for the Units, which agreement contemplates half of the Units vesting in equal 3-month installments over a 36-month period beginning June 20, 2025, and the other half of the Units vesting upon the CSI Division obtaining aggregate revenue equaling or exceeding $25 million over any trailing 12 calendar month period ending on or prior to the date that is 5 years from the grant date.
Datavault AI expects to complete the final steps outlined in the amended asset purchase agreement with CSI today. Following the transaction, CSI's assets and operations will be fully integrated into Datavault AI's business.
Investor Conference Call on May 20, 2025
Datavault will host an investor call to review business progress and discuss the CSI asset acquisition:
Date: Tuesday, May 20, 2025
Time: 9:00 AM ET
Webcast & Presentation: https://ir.datavaultsite.com/news-events/ir-calendar
Dial-in: 1-833-366-1124 (US), 1-412-317-0702 (Intl)
Replay Available: Webcast replay will be available approximately one hour after the end of the call and will be available for 90 days, at the above webcast link. A telephonic replay will be available through May 27, 2025, and may be accessed by calling 1- 877-344-7529 (US) or 1-412-317-0088 (Intl) and using access code 8794302.
About Datavault AI Inc.
Datavault AI Inc. (Nasdaq: DVLT) is a next-generation data licensing and monetization company. Its patented platform empowers secure data valuation, exchange, and AI-driven monetization—enabling businesses and creators to unlock the true value of their data assets across cloud, Web 3.0, and experiential computing landscapes.
Learn more at: www.dvlt.ai
About CompuSystems, Inc.
CSI is a premier provider of registration, data analytics, and lead management services for live events, offering cutting-edge solutions and unparalleled customer support to clients in the trade, association, corporate, and government event markets. With a strong focus on innovation, customer service, and sustainability, CSI is dedicated to delivering exceptional event experiences for clients and their attendees. Learn more about CSI here.
Forward Looking Statements Disclaimer
This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as 'expect,' 'will,' 'anticipates,' 'estimates' and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: the risk that we are unable to satisfy all closing conditions in connection with the acquisition of certain assets from CSI; our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Tom's Guide
38 minutes ago
- Tom's Guide
How to watch NBA Finals Game 7 on Hulu + Live TV (free trial)
You can watch NBA Finals Game 7 live on Hulu + Live TV, which carries ABC and offers new customers a 3-day FREE trial. The Pacers were in fine knick on Thursday as their attackers took the game to Thunder. Obi Toppin managed to find 20 points off the bench and star player Tyrese Haliburton returned to the line-up after missing game 5. The match finished 108-91 and it is all set-up for a thrilling decider with four quarters to secure the Larry O'Brien Championship Trophy. Can you access Hulu + Live TV in Canada, the U.K. or Australia? Read on and we'll show you how to watch NBA Finals Game 7 live streams from anywhere with a VPN for FREE. Basketball fans in the U.S. can watch NBA Finals Game 7 live for FREE on Hulu + Live TV. If you don't already have an account, sign up to Hulu + Live TV using your email address, date of birth and gender. The 3-day free trial is exclusive to the Hulu (With Ads) + Live TV plan, which costs $82.99 per month. NBA Finals Game 3 is on ABC. Traveling abroad? Use NordVPN or another VPN service to appear as if you're still in your home country. Although Hulu + Live TV is only available in the U.S., if you're from the U.S. but visiting the likes of Canada, the U.K. and Australia, you can still stream it through the use of VPN (Virtual Private Network). The software sets your devices to appear as if they're back in your home country regardless of where on the planet you are. It's ideal for sports fans away on vacation or on business. Our favorite is NordVPN, the best on the market: There's a good reason you've heard of NordVPN. We specialize in testing and reviewing VPN services and NordVPN is the one we rate best. It's outstanding at unblocking streaming services, it's fast and it has top-level security features too. With over 7,000 servers, across 110 countries, and at a great price too, it's easy to recommend. You can even get an Amazon gift card worth up to $50 right now. Get up to 70% off! Using a VPN is incredibly simple. 1. Install the VPN of your choice. As we've said, NordVPN is our favorite. 2. Choose the location you wish to connect to in the VPN app. For instance if you're in Canada and want to view an American service, you'd select U.S. from the list. 3. Sit back and enjoy the action. Head to Hulu + Live TV or another streaming service and watch the action. Hulu + Live TV is a streaming service that provides access to more than 100 TV channels for a fraction of the price of an equivalent cable package. One of those channels is ABC, which is showing NBA Finals Game 3, along with every other game of the series. Game 7 tip-off is scheduled for 8:00 p.m. ET / 5:00 p.m. PT on Sunday, June 22, and ABC's live coverage runs from 7 p.m. ET / 4 p.m. PT to 11 p.m. ET / 7 p.m. PT. Analysis comes from Mike Greenberg, Stephen A. Smith and Michael Wilbon. Remember: Use NordVPN if you're outside the U.S. on vacation. Android phones and tablets (Android 7.1 and newer) Apple iPhones and iPads (iOS 16.4 or later) Chrome (latest version) Firefox (latest version) Safari (latest version) Edge (latest version) Apple TV (tvOS 15.3 and up) Amazon Fire TV (Fire OS 5.0 and newer, exluding Fire TV Stick Gen 1) Android TV (Sony Bravia 2015 and up, Nvidia Shield, Hisense Android TV, select Xiaomi models) Chromecast (Gen 2 or newer) LG Smart TV (webOS 3.5 or higher & select webOS 3.0 models) Nintendo Switch (R1 and Lite) PlayStation (PS4 & PS5) Roku (including Roku 2, Roku 3, Express, Express+, Premiere, Premiere+ , Streaming Stick, Streaming Stick+, Ultra, Ultra LT) Samsung TV (2016 or later) Vizio (2016 or later) Xumo (Xumo TV, Xumo XiOne Box) Game 1 | Pacers 111-110 ThunderGame 2 | Pacers 107-123 ThunderGame 3 | Thunder 107-116 Pacers Game 4 | Thunder 111-104 Pacers Game 5 | Pacers 109-120 ThunderGame 6 | Thunder 91-108 Pacers Game 7 | Pacers vs Thunder — 8 p.m., Sunday June 22 (ABC) We test and review VPN services in the context of legal recreational uses. For example: 1. Accessing a service from another country (subject to the terms and conditions of that service). 2. Protecting your online security and strengthening your online privacy when abroad. We do not support or condone the illegal or malicious use of VPN services. Consuming pirated content that is paid-for is neither endorsed nor approved by Future Publishing.
Yahoo
2 hours ago
- Yahoo
National CineMedia (NASDAQ:NCMI) investors are sitting on a loss of 79% if they invested five years ago
Some stocks are best avoided. We really hate to see fellow investors lose their hard-earned money. Anyone who held National CineMedia, Inc. (NASDAQ:NCMI) for five years would be nursing their metaphorical wounds since the share price dropped 83% in that time. Furthermore, it's down 11% in about a quarter. That's not much fun for holders. While a drop like that is definitely a body blow, money isn't as important as health and happiness. Since shareholders are down over the longer term, lets look at the underlying fundamentals over the that time and see if they've been consistent with returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Because National CineMedia made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size. Over five years, National CineMedia grew its revenue at 1.6% per year. That's not a very high growth rate considering it doesn't make profits. Nonetheless, it's fair to say the rapidly declining share price (down 13%, compound, over five years) suggests the market is very disappointed with this level of growth. We'd be pretty cautious about this one, although the sell-off may be too severe. We'd recommend focussing any further research on the likelihood of profitability in the foreseeable future, given the muted revenue growth. You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image). You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, National CineMedia's TSR for the last 5 years was -79%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! We're pleased to report that National CineMedia shareholders have received a total shareholder return of 19% over one year. That's including the dividend. There's no doubt those recent returns are much better than the TSR loss of 12% per year over five years. This makes us a little wary, but the business might have turned around its fortunes. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with National CineMedia , and understanding them should be part of your investment process. But note: National CineMedia may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. — Investing narratives with Fair Values Vita Life Sciences Set for a 12.72% Revenue Growth While Tackling Operational Challenges By Robbo – Community Contributor Fair Value Estimated: A$2.42 · 0.1% Overvalued Vossloh rides a €500 billion wave to boost growth and earnings in the next decade By Chris1 – Community Contributor Fair Value Estimated: €78.41 · 0.1% Overvalued Intuitive Surgical Will Transform Healthcare with 12% Revenue Growth By Unike – Community Contributor Fair Value Estimated: $325.55 · 0.6% Undervalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
2 hours ago
- Yahoo
York Water (NASDAQ:YORW) shareholders have endured a 26% loss from investing in the stock five years ago
The main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn't blame long term The York Water Company (NASDAQ:YORW) shareholders for doubting their decision to hold, with the stock down 33% over a half decade. Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During the unfortunate half decade during which the share price slipped, York Water actually saw its earnings per share (EPS) improve by 2.6% per year. Given the share price reaction, one might suspect that EPS is not a good guide to the business performance during the period (perhaps due to a one-off loss or gain). Alternatively, growth expectations may have been unreasonable in the past. By glancing at these numbers, we'd posit that the the market had expectations of much higher growth, five years ago. Having said that, we might get a better idea of what's going on with the stock by looking at other metrics. Revenue is actually up 8.6% over the time period. A more detailed examination of the revenue and earnings may or may not explain why the share price languishes; there could be an opportunity. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). It's probably worth noting that the CEO is paid less than the median at similar sized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. So it makes a lot of sense to check out what analysts think York Water will earn in the future (free profit forecasts). When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of York Water, it has a TSR of -26% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments! Investors in York Water had a tough year, with a total loss of 9.3% (including dividends), against a market gain of about 12%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 5% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - York Water has 2 warning signs (and 1 which is significant) we think you should know about. If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. — Investing narratives with Fair Values Vita Life Sciences Set for a 12.72% Revenue Growth While Tackling Operational Challenges By Robbo – Community Contributor Fair Value Estimated: A$2.42 · 0.1% Overvalued Vossloh rides a €500 billion wave to boost growth and earnings in the next decade By Chris1 – Community Contributor Fair Value Estimated: €78.41 · 0.1% Overvalued Intuitive Surgical Will Transform Healthcare with 12% Revenue Growth By Unike – Community Contributor Fair Value Estimated: $325.55 · 0.6% Undervalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
