Datavault AI Inc. has issued a formal response to what it describes as a false and defamatory short report published by Wolfpack Research. The company stated that the report contains misleading claims intended to manipulate DVLT stock for short sellers' financial gain. This development comes as the company continues to expand its technological footprint in the Web 3.0 environment.
The legal response has been swift and decisive. Datavault AI has retained Paul Hastings LLP and Dickinson Wright PLLC to pursue legal remedies, with litigation counsel Jacob Frenkel emphasizing the company's intent to hold Wolfpack accountable for what he termed abusive, fraudulent, and manipulative practices. This legal action represents a significant step in combating what the company views as market manipulation tactics that could undermine investor confidence and the company's market position.
CEO Nathaniel T. Bradley reaffirmed Datavault AI's strong intellectual property foundation, which now exceeds 70 patents spanning AI-driven data valuation, blockchain tokenization, and acoustic data systems. The company's technological portfolio includes comprehensive solutions through its Acoustic Science and Data Science Divisions. The Acoustic Science Division features WiSA, ADIO and Sumerian patented technologies, including industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multi-channel interference cancellation.
The Data Science Division leverages Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. The company's cloud-based platform serves multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange enables Digital Twins and licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. Additional information about the company's technology and services can be found at https://www.datavaultsite.com.
Bradley highlighted ongoing partnerships, acquisitions, and media initiatives that underscore the company's growth and innovation strategy. The company's technology suite offers AI and Machine Learning automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. This comprehensive approach positions Datavault AI at the forefront of data management and tokenization technologies in the evolving digital landscape. Investors seeking additional updates can access the company's newsroom at https://ibn.fm/DVLT.
