• Datavault AI entered a binding letter of intent to acquire CyberCatch in an all-stock deal.
• CyberCatch shareholders would receive about 49,900,000 newly issued Datavault AI common shares for roughly 26,800,000 CyberCatch shares, valuing CyberCatch equity at about CAD 136.84 million.
• Convertible CyberCatch securities would be exchanged on a cashless basis at a deemed value of USD 2 per Datavault AI share.
• Post-closing ownership is expected to be about 92.48% Datavault AI stockholders, 7.52% CyberCatch shareholders.
• CyberCatch is expected to operate as a Datavault AI subsidiary based in San Diego, with founder and CEO Sai Huda set to lead the unit as president.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Datavault Ai Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260501498832) on May 01, 2026, and is solely responsible for the information contained therein.