Datavault AI CFO Moyer sells $52k in shares

Published 03/09/2025, 02:02
Datavault AI CFO Moyer sells $52k in shares

Datavault AI Inc. (NASDAQ:DVLT) Chief Financial Officer Brett Moyer sold 130,754 shares of common stock on August 28, 2025, at a price of $0.40, for a total transaction value of $52,301. The sale comes as DVLT shares trade near their 52-week low of $0.31, having declined 84% year-to-date. According to InvestingPro analysis, the stock appears undervalued despite its recent challenges.

Following the transaction, Moyer directly owns 1,117,665 shares of Datavault AI Inc. The company, currently valued at $32.17 million, receives a WEAK Financial Health score from InvestingPro, which offers 20+ additional insights and a comprehensive Pro Research Report on DVLT’s financial position and growth prospects.

In other recent news, Datavault AI reported its Q2 2025 earnings, revealing a revenue of $467 million year-over-year, with current revenue at $2.3 million. The company also announced the approval for issuing up to 5 million shares of common stock, as agreed upon in a waiver agreement with certain purchasers. This decision was supported by shareholders holding approximately 52% of the company’s voting power. Furthermore, Datavault AI expanded its VerifyU platform globally, aiming to authenticate military service records and combat fraudulent claims using blockchain technology. This expansion will aid military institutions and government contractors in real-time verification of service records. Additionally, the company amended its acquisition agreement with API Media Innovations, involving a total consideration of $6 million in cash, shares of common stock, and convertible promissory notes. These developments reflect Datavault AI’s ongoing strategic initiatives in the market.

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