Datavault AI Agrees to Acquire BankWyse Subject to Regulatory Approval and Customary Closing Conditions (Form 8-K)

Datavault AI Agrees to Acquire BankWyse Subject to Regulatory Approval and Customary Closing Conditions

PHILADELPHIA, PA - August 19, 2026 - Datavault AI Inc. ("Datavault AI" or the "Company") (NASDAQ: DVLT), an Artificial Intelligence Platform ("AIP") company providing data monetization, credentialing, digital engagement, real-world asset ("RWA") tokenization and spatial audio technologies, today announced that it has signed a definitive agreement to acquire BankWyse subject to regulatory approval and customary closing conditions. This acquisition adds the final piece to Datavault AI's data monetization ecosystem.

BankWyse operates under a Special Purpose Depository Institution charter granted by the state of Wyoming - generally viewed as the most innovative and digital asset advanced state in the U.S. They will provide custodial, commercial banking and other services in a safe and compliant manner.

Over the last few years, Datavault AI has been creating the building blocks to fully service the digital asset ecosystem by leveraging and implementing cutting-edge technologies such as AI to offer state-of-the-art platforms and sevices that are safe and compliant. Customers will bring us their data and Real-World Assets. Those assets will be valued and tokenized, and will be held in custody, and when conditions are right, sold on our exchanges. Our exchange customers will be offered the opportunity to buy and sell these tokenized assets on our exchanges and also be able to utilize the full suite of banking services. This end-to-end data monetization ecosystem will eliminate the friction and fractualization prevalent in the market today.

About BankWyse

BankWyse, is a Cheyenne, Wyoming institution that holds a Wyoming state bank charter as a Special Purpose Depository Institution, integrating qualified custody with a commercial banking platform for interoperability across digital assets and fiat currencies. As a fully-reserved depository institution, the fiat deposits held by BankWyse are not required to be insured by the FDIC.

About Datavault AI

Datavault AI Inc. (Nasdaq: DVLT) is an Artificial Intelligence Platform ("AIP") company focused on transforming data and real-world assets into intelligent, secure and monetizable digital assets. The Company's integrated platform combines artificial intelligence, an AI-driven inference layer, data valuation, tokenization, cybersecurity, high-performance computing and exchange technologies to support the lifecycle of data and digital assets-from identification and valuation through tokenization, commercialization and monetization.

Datavault AI operates through two synergistic divisions: Data Science and Acoustic Science. The Data Science division includes the Company's patented Data Vault®, DataValue®, and DataScore® technologies, together with its cybersecurity, tokenization and exchange capabilities. The Acoustic Science division includes WiSA®, ADIO® and related spatial audio and data-over-sound technologies, as well as the Company's events and experiential media businesses, including CompuSystems, Inc., operated under the Event Citadel brand, and API Media Innovations Inc.

Together, these capabilities form an integrated AI platform designed to connect data, intelligence, value and markets, enabling enterprises, institutions and asset owners to identify, protect, value and monetize data and real-world assets.

The Company is headquartered in Philadelphia, PA. For more information, visit www.dvlt.ai. Investor information is available at ir.datavaultsite.com. Technology news and insights are published at dvlt.ai/insights.