# Datavault AI Inc. (DVLT) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_592f68df757874a8aacd · retrieved 2026-08-11T15:51:35.895Z

## Overview
Datavault AI Inc. is a Delaware corporation engaged in business services (SIC 7389) that is acquiring NYIAX, Inc. through a merger expected to close on or about July 24, 2026.

Datavault AI Inc. (as guarantor) entered into a Guarantee Bridge Loan Agreement with Abri Capital LTD. (lender) and NYIAX, Inc. (borrower) on July 17, 2026. The lender will provide a short-term bridge loan facility of up to $833,333 to fund transaction-related expenses, legal fees, regulatory costs, employee obligations, and working capital necessary to complete the merger between Datavault and NYIAX. The facility carries a 10% original issue discount on each advance, 13% annual interest (18% default interest), and matures on September 11, 2026. The entire outstanding balance, including all principal and accrued interest, becomes immediately due and payable upon the merger closing and must be repaid within three days thereafter.

## Terms
- Counterparty: Abri Capital LTD. (lender); NYIAX, Inc. (borrower) · Deal value: $833,333 · Consideration: cash

## Key dates
- Announced 2026-07-22 · Expiry 2026-09-11 · Expected close 2026-07-24

## Timeline
- 2026-07-22 · 8-K (0001104659-26-085856): 8-K - Datavault AI Inc. — *Datavault AI Inc. is a Delaware corporation engaged in business services (SIC 7389) that is acquiring NYIAX, Inc. through a merger expected to close on or about July 24, 2026.* Datavault AI Inc. (as guarantor) entered into a Guarantee Bridge Loan Agreement with Abri Capital LTD. (lender) and NYIAX, Inc. (borrower) on July 17, 2026. The lender will provide a short-term bridge loan facility of up to $833,333 to fund transaction-related expenses, legal fees, regulatory costs, employee obligations, and working capital necessary to complete the merger between Datavault and NYIAX. The facility carries a 10% original issue discount on each advance, 13% annual interest (18% default interest), and matures on September 11, 2026. The entire outstanding balance, including all principal and accrued interest, becomes immediately due and payable upon the merger closing and must be repaid within three days thereafter.
  https://www.sec.gov/Archives/edgar/data/1682149/0001104659-26-085856.txt

## Citations
- 0001104659-26-085856 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926085856
