Brief: Datavault Ai Announces Board Of Directors Has Requested Management’S Complete Plan For Dividend Spin-Out Of Acoustic Sciences Division Into Stand-Alone Public Company
07/05/2026 14:11
May 7 (Reuters) - Datavault AI Inc DVLT.O: DATAVAULT AI ANNOUNCES BOARD OF DIRECTORS HAS REQUESTED MANAGEMENT’S COMPLETE PLAN FOR DIVIDEND SPIN-OUT OF ACOUSTIC SCIENCES DIVISION INTO STAND-ALONE PUBLIC COMPANY DATAVAULT AI INC - RESERVES TICKER 'ADIO' FOR API MEDIA, PLANS NASDAQ LISTING DATAVAULT AI INC - EVALUATES SPIN-OUT OF ACOUSTIC SCIENCES DIVISION AS API MEDIA DATAVAULT AI INC - SETS FULL-YEAR 2026 REVENUE GUIDANCE OF AT LEAST $200 MILLION DATAVAULT AI INC - TARGETS SPIN-OUT COMPLETION BY CLOSE OF 2026 OPERATIONS Source text: ID:nBw3S0dQ2a Further company coverage: DVLT.O ((Reuters.Briefs@thomsonreuters.com;))
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