• Datavault AI began evaluating dividend spin-out of Acoustic Sciences division into stand-alone public company proposed as API Media, with reserved ticker symbol ADIO.
• Transaction would distribute API Media shares to existing shareholders as dividend, leaving holders with stakes in both Datavault AI and API Media.
• Board directed management to deliver full plan, targeting completion to coincide with close of 2026 operations, subject to board sign-off, definitive agreements, closing conditions, Nasdaq listing, and regulatory clearances.
• Houlihan Lokey hired as financial adviser, Paul Hastings as legal adviser for planned separation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Datavault Ai Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260507194860) on May 07, 2026, and is solely responsible for the information contained therein.