Datavault AI to Acquire CyberCatch in All-Stock Transaction Valued at CAD $136.8 Million

Datavault AI Inc. (NASDAQ: DVLT), a provider of data monetization, credentialing, digital engagement and real-world asset tokenization technologies, announced it has entered into a binding letter of intent to acquire 100% of CyberCatch (TSXV: CYBE) (OTCQB: CYBHF), a cybersecurity company offering a patented, AI-enabled platform for continuous compliance and cyber risk mitigation. The all-stock transaction is valued at approximately CAD $136.8 million.

Under the terms of the agreement, CyberCatch will operate as a subsidiary of Datavault AI. Founder, Chairman and CEO Sai Huda will serve as president of the subsidiary. The acquisition is expected to enhance Datavault AI's technology suite by integrating CyberCatch's AI-driven cybersecurity solutions, which are designed to help organizations achieve continuous compliance and mitigate cyber risks in real time.

Datavault AI's cloud-based platform provides comprehensive solutions across its Acoustic Science and Data Science Divisions. The Acoustic Science Division features patented technologies including WiSA, ADIO and Sumerian, which enable spatial and multichannel wireless HD sound transmission. The Data Science Division leverages Web 3.0 and high-performance computing for experiential data perception, valuation and secure monetization. The company's Information Data Exchange enables Digital Twins and licensing of name, image, and likeness by securely attaching physical objects to immutable metadata objects, fostering responsible AI.

CyberCatch's AI-enabled platform uses patented technology to provide continuous compliance monitoring, cyber risk mitigation, and threat detection. The combination is expected to create synergies in AI-driven data security and monetization, particularly in the rapidly growing Web3 and digital asset sectors. Datavault AI's technology serves multiple industries, including sports and entertainment, biotech, fintech, real estate, healthcare, and energy.

For more details on the announcement, visit the full press release at https://ibn.fm/lktOf. For the latest news and updates on Datavault AI, visit the company's newsroom at https://ibn.fm/DVLT.

The acquisition underscores the increasing convergence of AI, data monetization, and cybersecurity in the Web3 ecosystem. By combining Datavault AI's asset tokenization and data valuation capabilities with CyberCatch's compliance and risk mitigation platform, the merged entity aims to offer a more robust solution for enterprises navigating the complexities of digital transformation and regulatory compliance.

Investors and industry observers will be watching for integration milestones and how the combined technologies address emerging threats and opportunities in the decentralized internet landscape. The transaction is expected to close in the coming months, subject to customary closing conditions and regulatory approvals.