# June 4, 2026 - 8-K: Current report | Datavault AI Inc. (DVLT)

_Thursday, June 25, 2026 at 9:00 PM EDT · Startups · Latest · Tier 2 — Notable_

![June 4, 2026 - 8-K: Current report | Datavault AI Inc. (DVLT) — Primary](https://d1io3yog0oux5.cloudfront.net/_d2e713d6420acd51363ed4e4065d0254/datavaultsite/db/457/3840/social_image_resized.jpg)

Datavault AI Inc. entered into a non-binding term sheet on May 30, 2026, with Helmex Global LLP for a potential $2.0 billion structured financing. The term sheet covers a transaction with Helmex Financial LLP and affiliates through an institutional investment fund in four successive tranches of up to $500 million each.

The company must make a non-refundable $25.0 million payment to the counterparty no later than June 4, 2026. This payment funds administrative, operational and structuring costs for the first tranche. Similar fees of $25.0 million apply for each additional tranche.

The company may issue shares priced between $1.55 and $2.00 per share in exchange for preferred units in an approximately $2.0 billion investment vehicle. The counterparty could nominate one additional director to the board upon each tranche closing.

The transaction requires due diligence, definitive agreements, stockholder approval, regulatory approvals including antitrust and CFIUS clearance, and other conditions. The term sheet is non-binding except for the fee provisions and may be terminated by either party. There can be no assurance that the transaction will be consummated on the terms described herein or at all.

## Sources

- [company filing](https://ir.datavaultsite.com/sec-filings/all-sec-filings/content/0001104659-26-070584/tm2616622d1_8k.htm)

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