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DVLT INVESTOR ALERT: Wolf Popper LLP Notifies DataVault AI Inc. Investors of Securities Class Action and October 5, 2026 Lead Plaintiff Deadline

globenewswire.com
DVLT The article is an investor alert regarding a securities class action lawsuit against DataVault AI Inc. It does not provide information about the company's performance or future prospects, but rather focuses on legal proceedings.

DVLT INVESTOR ALERT: Wolf Popper LLP Notifies DataVault AI Inc. Investors of Securities Class Action and October 5, 2026 Lead Plaintiff Deadline NEW YORK, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Wolf Popper LLP, a nationally recognized securities litigation firm, notifies investors that a securities class action lawsuit has been filed against DataVault AI Inc. (“DataVault” or the “Company”) (NASDAQ: DVLT) on behalf of investors who purchased or otherwise acquired DataVault securities between September 4, 2024 and October 30, 2025, inclusive (the “Class Period”).

Investors who suffered losses during the Class Period may seek appointment as lead plaintiff no later than October 5, 2026.

WHAT DOES THE LAWSUIT ALLEGE?

The complaint alleges that DataVault and certain of its executives made materially false and misleading statements concerning the Company’s business, including the value of its announced corporate partnerships and the level of activity on the Datavault Platform.

Specifically, the lawsuit alleges that defendants failed to disclose that:

The complaint further alleges that DataVault promoted opportunities involving artificial intelligence, quantum computing, Web3, data monetization, and other technologies while investors were not provided with an accurate picture of the economic value or operating activity underlying certain of those initiatives.

WHAT HAPPENED TO DATAVAULT’S STOCK?

On October 31, 2025, Wolfpack Research published a report challenging DataVault’s public representations concerning its corporate partnerships, blockchain marketplace activity, and certain relationships involving Company leadership.

Following publication of the report, DataVault’s stock price fell $0.45 per share, or approximately 19.4%, from $2.30 per share on October 30, 2025 to $1.85 per share on October 31, 2025.

The lawsuit alleges that DataVault investors suffered damages when the alleged truth concerning the Company’s business and operations became known to the market.

WHAT CAN DVLT INVESTORS DO?

If you purchased or otherwise acquired DataVault securities between September 4, 2024 and October 30, 2025 and suffered a loss, you may contact Wolf Popper LLP to discuss your legal rights.

Investors seeking appointment as lead plaintiff must move the Court no later than October 5, 2026. You do not need to serve as lead plaintiff to participate in any potential recovery.

For more information, contact:

Wolf Popper LLP

Adam Savett

(212) 451-9655

asavett@wolfpopper.com