Datavault AI Management Commences Evaluation Of Potential Dividend Spin-Out Of Acoustic Sciences Division; "API Media" Name Proposed For New Standalone Public Company; "ADIO" Ticker Reserved

Datavault AI

Datavault AI

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The Company expects the proposed creation of API Media to result in the creation of a dedicated, publicly traded entity focused on acoustic technologies and live events, while enabling Datavault AI to sharpen its focus on its core AI-driven data monetization platforms. It is currently anticipated that, if the proposed transaction were to be approved and completed, Datavault AI shareholders would receive shares of API Media as a dividend, providing them with direct ownership in both Datavault AI and API Media, and unlocking additional value from the Acoustic Sciences division's growing portfolio patents and its development of new technologies targeted at interoperability and communications in large enterprise and high growth markets.