Datavault AI (NASDAQ: DVLT) and CyberCatch announced on May 1, 2026, that they have entered into a binding letter of intent under which Datavault AI will acquire 100% of CyberCatch in an all-stock transaction valued at about CAD $136.8 million. The acquisition is expected to close subject to customary conditions and regulatory approvals, with CyberCatch operating as a subsidiary of Datavault AI. CyberCatch's founder, Chairman and CEO Sai Huda will serve as president of the subsidiary.
Datavault AI, headquartered in Philadelphia, PA, specializes in data monetization, credentialing, digital engagement, and real-world asset (RWA) tokenization technologies. Its cloud-based platform serves multiple industries, including sports and entertainment, biotech, fintech, real estate, and healthcare. The company’s technology suite includes WiSA, ADIO, and Sumerian patented audio technologies, as well as the Information Data Exchange (IDE) for digital twins and secure licensing of name, image, and likeness (NIL). CyberCatch, a cybersecurity company, offers a patented AI-enabled platform for continuous compliance and cyber risk mitigation. The combination is expected to enhance Datavault AI's offerings by adding robust cybersecurity capabilities to its data monetization and credentialing solutions.
The acquisition underscores the growing importance of integrating AI and cybersecurity in the Web 3.0 environment. As companies increasingly rely on digital assets and real-world asset tokenization, securing those assets becomes paramount. CyberCatch’s continuous compliance platform can help Datavault AI’s clients mitigate cyber risks while leveraging AI for data valuation and monetization. This synergistic move positions Datavault AI to provide a more comprehensive suite of services that address both the value creation and security aspects of digital transformation.
Details of the transaction include an all-stock consideration, reflecting confidence in Datavault AI's future growth. The deal is expected to be accretive to earnings and expand the company's addressable market. For more information on the press release, visit https://ibn.fm/lktOf. About Datavault AI, the company's divisions include Acoustic Science and Data Science, leveraging high-performance computing and Web 3.0 technologies. Forward-looking statements in the announcement involve risks and uncertainties as detailed in the company's SEC filings.
