Datavault AI stock surges on NYIAX acquisition news

Published 4 weeks ago Positive
Datavault AI stock surges on NYIAX acquisition news
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Datavault AI (NASDAQ:DVLT [https://seekingalpha.com/symbol/DVLT]) stock was surging as the AI company announced an intent to acquire NYIAX, a technology and services company with operations in the U.S., Europe, and Dubai.

Shares were +6.32% Monday pre-market to $2.02.

Financial terms of the deal were not disclosed.

The strategic acquisition is expected to build on Datavault AI’s prior licensing agreement with NYIAX for the former's patented ADIO ultrasonic technology.

The transaction is subject to Nasdaq approval and entering into a definitive agreement with customary closing conditions.

The transaction is expected to close in the first quarter of 2026.

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