Datavault AI closes $14M API Media acquisition
Datavault AI Inc. has completed its acquisition of API Media Innovations Inc. for $14,000,000 in cash.
Rhea-AI Filing Summary
Datavault AI Inc. has completed its acquisition of API Media Innovations Inc. for $14,000,000 in cash. The company purchased all of the outstanding shares of common stock of API Media from the two individual sellers under a previously disclosed Stock Purchase Agreement.
The closing of the transaction occurred on January 22, 2026, and Datavault AI announced the completion in a press release issued the same day, which is included as an exhibit to this report.
Positive
- None.
Negative
- None.
Insights
Datavault AI closed a cash acquisition of API Media for $14M.
Datavault AI Inc. completed the purchase of all outstanding shares of API Media Innovations Inc. for $14,000,000 in cash. This moves the transaction from agreement stage to fully closed, meaning the acquired company is now wholly owned by Datavault AI.
The deal, originally agreed on October 28, 2025, closed on January 22, 2026, with the consideration paid entirely in cash rather than stock. The company also issued a press release on the closing, indicating it treats this as a notable corporate event.
8-K Event Classification
FAQ
What transaction did Datavault AI Inc. (DVLT) complete in this 8-K?
How much did Datavault AI (DVLT) pay to acquire API Media Innovations Inc.?
When did the acquisition of API Media Innovations Inc. by Datavault AI close?
Who were the sellers in Datavault AI’s acquisition of API Media?
Did Datavault AI issue a press release about the API Media acquisition closing?
What exhibits are included with Datavault AI’s 8-K about the API Media acquisition?
AI-generated analysis. How Rhea-AI works. Not financial advice.