Datavault AI Inc. has moved forward with its acquisition of CompuSystems Inc. (CSI), securing majority stockholder consent and mailing an Information Statement under Section 14(c) of the Securities Exchange Act. The technology company anticipates closing the transaction during the week of May 19.
CEO Nathaniel Bradley characterized the acquisition as a significant milestone in the company's growth strategy. The deal is projected to generate between $15 million and $20 million in revenue, contributing substantially to Datavault AI's 2026 revenue target of $40-$50 million.
No stockholder vote is required for the transaction, which will integrate CSI's assets and operations directly into Datavault AI's existing infrastructure. The company plans to provide additional details during a business update call scheduled for May 20 at 9 a.m. ET.
This acquisition represents a strategic expansion for Datavault AI, which specializes in AI data experience, valuation, and monetization within the Web 3.0 environment. By incorporating CompuSystems' capabilities, the company appears positioned to enhance its comprehensive cloud-based platform and service offerings across multiple industries.
