10 Unrivaled Penny Stocks to Buy Now

8. Datavault AI Inc. (NASDAQ:DVLT)

Number of Hedge Fund Holders: 5

Stock Price: $0.55

Datavault AI Inc. (NASDAQ:DVLT) announced on May 8 that management had begun evaluating a potential dividend spin-out of its Acoustic Sciences division into a separate publicly traded entity proposed to operate under the name “API Media.” The division includes the company’s ADIO, WiSA, Event Citadel, and API Media operations, and the proposed spin-off entity has reserved the ticker symbol “ADIO.” Datavault AI stated that it intends to pursue a Nasdaq listing for the new company following completion of the transaction, which remains subject to board approval, definitive agreements, and regulatory conditions. The company has engaged Houlihan Lokey as financial advisor and Paul Hastings LLP as legal advisor, highlighting management’s efforts to unlock shareholder value and create more focused operational structures.

Earlier, on May 1, Datavault AI Inc. (NASDAQ:DVLT) and CyberCatch Holdings entered into a binding letter of intent under which Datavault AI would acquire 100% of CyberCatch in an all-stock transaction valued at approximately C$136.8 million. Upon completion, CyberCatch would operate as a wholly owned subsidiary of Datavault AI, with its founder and CEO continuing to lead operations under the broader Datavault structure. The acquisition is expected to strengthen Datavault AI’s cybersecurity and AI-driven risk management capabilities while expanding its operational footprint in enterprise security and digital infrastructure solutions.

Datavault AI Inc. (NASDAQ:DVLT) is a data sciences and artificial intelligence company specializing in AI-driven data management, valuation, and monetization technologies, particularly within Web 3.0 ecosystems. Founded in 2010 and headquartered in Philadelphia, the company develops platforms designed to optimize digital asset utilization, cybersecurity integration, and intelligent data commercialization strategies across enterprise environments.

The company’s proposed spin-out strategy and planned CyberCatch acquisition could significantly enhance operational focus while expanding its presence in cybersecurity and AI-powered digital infrastructure markets.