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Datavault AI Files Lawsuit Against Wolfpack Research and Its Founder Dan David
Globenewswire·2025-11-10 12:55

Core Viewpoint - Datavault AI has filed a lawsuit against Wolfpack Research and its founder Dan David for a defamatory short report that allegedly harmed the company and its shareholders [1][2][3] Group 1: Lawsuit Details - The lawsuit seeks redress for a malicious short report released on October 31, 2025, which contained false and misleading accusations against Datavault AI and its personnel [1][2] - The report's disregard for Datavault's public filings and omission of critical context resulted in direct harm to the company and its shareholders [2] Group 2: Company Response - Nathaniel Bradley, CEO of Datavault AI, stated that the company and its shareholders have been harmed by Wolfpack's actions and emphasized the commitment to hold the defendants accountable in court [3] - Despite the distraction caused by the lawsuit, the company remains focused on generating revenue and driving shareholder value [3] Group 3: Company Overview - Datavault AI (Nasdaq: DVLT) specializes in AI-driven data experiences, asset valuation, and monetization in the Web 3.0 environment [4] - The company's cloud-based platform offers solutions across various industries, including sports, entertainment, biotech, education, fintech, real estate, healthcare, and energy [4] - Datavault AI's technology suite includes patented technologies for audio transmission and secure monetization of data, emphasizing responsible AI practices [4]