Datavault AI Inc. and CompuSystems, Inc. Amend Asset Purchase Agreement, Extending Closing Date to May 23, 2025

Reuters
16 May
<a href="https://laohu8.com/S/DVLT">Datavault AI Inc.</a> and CompuSystems, Inc. Amend Asset Purchase Agreement, Extending Closing Date to May 23, 2025

Datavault AI Inc. has announced a fourth amendment to its asset purchase agreement with CompuSystems, Inc. (CSI). Initially disclosed in December 2024, the agreement includes the acquisition of all rights, title, and interests in CSI's assets and interests used in the Acquired Business, including customer contracts and intellectual property. The latest amendment, effective May 14, 2025, revises the "Outside Date" to May 23, 2025, allowing any party to terminate the agreement if the closing has not occurred by this date. No other substantive changes were made to the agreement.

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