Datavault AI amends debt terms to set $0.0632 floor price
DVLT•Datavault AI amended its $25.03 million convertible promissory note with Streeterville Capital, setting a $0.0632 floor price equal to 20% of the pre-issuance Nasdaq Minimum Price.
1. Amended note terms
The amendment, dated October 15, 2026, applies to a note issued August 18, 2026. Fixed Price adjustments cannot reduce the price below $0.0632, subject to adjustments for stock splits and similar transactions.
