Datavault AI Announces Rights Offering To Shareholders
DVLT•Rights offering announced
Sept. 23 (Reuters) - Datavault AI Inc. (DVLT.O) announced a rights offering to shareholders.
- Common unit subscription price set at $0.20; Series A right at $0.25; Series B right at $0.30.
- The company expects to offer up to $50 million of common unit subscription rights.
- Datavault AI expects to offer up to 3 million preferred units representing up to $75 million.
- Preferred unit subscription price set at $25; Series 1 right at $30; Series 2 right at $35.
