Datavault AI Inc. 8-K

What Happened
Datavault AI Inc. (DVLT) announced it is the guarantor under a Guaranteed Bridge Loan Agreement dated July 17, 2026, providing short-term financing in support of its previously disclosed merger with NYIAX, Inc. (Merger Agreement dated March 18, 2026). Abri Capital LTD. is the lender and NYIAX, Inc. is the borrower. The Facility has a commitment of up to $833,333, and proceeds are intended to cover transaction-related expenses, legal and regulatory costs, employee obligations and working capital to complete the merger.

Key Details

• Commitment: up to $833,333, advanced in one or more draws on a dollar-for-dollar basis.
• Original issue discount: 10% of the principal of each advance (reduces net proceeds).
• Interest: 13% per year; if the Guarantor fails to pay or an Event of Default occurs, interest increases to 18% per year.
• Maturity/repayment: outstanding principal and interest due by September 11, 2026; entire balance becomes immediately due at closing of the merger and must be repaid within three days after closing.
• Agreement items: customary conditions, reps and warranties, indemnities and events of default. The bridge creates a direct financial obligation (Item 2.03) and is reported as a material definitive agreement (Item 1.01).

Why It Matters
This 8-K shows Datavault AI has guaranteed short-term, relatively expensive financing to ensure NYIAX can cover deal-related costs before closing. The guarantee creates a direct obligation that could affect Datavault’s near-term cash needs or liquidity if the loan must be repaid by Datavault. Investors should note the high effective cost (10% discount plus 13% interest, higher on default), the short maturity (due Sept 11, 2026), and the automatic acceleration on closing—facts that make timely merger completion and repayment a near-term focus.