Datavault AI signs non-binding LOI to acquire 19.9% stake in DataMEDS AI for tech.

Datavault AI Inc. announced a strategic partnership on October 22, 2026.

Primary

Datavault AI Inc.

Date

October 22, 2026

Sub-sector

Financial Data / Open Banking

Non-binding LOI with no disclosed valuation or deal terms; demonstrates potential M&A activity in data/AI fintech but lacks specificity needed to inform acquisition strategy. Follow-up once binding agreement announced.

Primary company

Datavault AI Inc.

Counterparty

Not disclosed

Amount

Not disclosed

Event date

October 22, 2026

Sub-sector

Financial Data / Open Banking

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

Business Wire

Source: businesswire.com