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The Next Big Short Squeeze? Datavault AI's Army Says It's Coming For Wolfpack
Benzinga· 2025-11-03 14:20
Core Viewpoint - Datavault AI (NASDAQ:DVLT) experienced a significant stock decline of nearly 20% following a critical short report from Wolfpack Research, but retail traders on Reddit are mobilizing to initiate a short squeeze [1][2]. Group 1: Short Report and Company Response - Wolfpack Research accused Datavault of exaggerating its claims, including a $150 million investment and partnerships, and disclosed a short position to profit from the anticipated panic [2]. - Datavault quickly responded by labeling the report as "false and misleading" and announced plans to sue Wolfpack for "defamatory manipulation," which shifted market sentiment [2][3]. Group 2: Market Dynamics and Short Squeeze Potential - The current market setup shows approximately 7% of the float is shorted, with heavy off-exchange short volume nearing 20%, indicating a classic short-squeeze scenario [3]. - Historical parallels with previous Wolfpack shorts, such as Applied Digital Corp and Innodata Inc, suggest that a similar rally could occur for Datavault [3][4]. Group 3: Broader Implications - The situation highlights the volatile mix of AI hype and retail trading enthusiasm in the current market environment, indicating a potential shift in stock dynamics [5]. - The ongoing conflict between research firms and retail investors represents a significant trend in market behavior, emphasizing the importance of retail sentiment in stock movements [5].
SOS Limited Announces Pricing of $7.5 Million Registered Direct Offering
Prnewswire· 2025-07-30 13:00
Core Viewpoint - SOS Limited has entered into a securities purchase agreement for the sale of American Depositary Shares (ADS) and unregistered Warrants, aiming to raise approximately $7.5 million through this offering [1][2]. Group 1: Offering Details - The company will sell 2,142,855 ADSs at an effective offering price of $3.50 each, along with Warrants to purchase up to 4,285,710 additional ADSs [1]. - The Warrants will be immediately exercisable, have an exercise price of $3.50 per share, and will expire five and a half years from the initial exercise date [1]. - The offering is expected to close on or about July 31, 2025, pending customary closing conditions [2]. Group 2: Regulatory Information - The ADSs are being offered under a shelf registration statement on Form F-3, which was declared effective by the SEC on June 30, 2025 [3]. - A prospectus supplement related to the ADSs will be filed with the SEC, and copies will be available through the SEC's website or from the placement agent, Maxim Group LLC [3]. Group 3: Company Overview - SOS Limited is engaged in blockchain and cryptocurrency operations, including cryptocurrency mining and commodity trading, with a focus on various trading commodities such as mineral resin, soybeans, and liquid sulfur [6].