Datavault AI announced it has completed its previously disclosed acquisition of NYIAX, Inc., a contract management exchange operator with blockchain-enabled marketplace technology. The merger, which closed on August 18, 2026, aims to integrate NYIAX's institutional-grade exchange infrastructure and intellectual property into Datavault's platform for tokenizing digital and real-world assets.
Key Details
- Transaction Terms: Datavault AI issued an aggregate of 74,800,629 shares of its common stock and paid approximately $494,859 in cash to certain NYIAX equity holders.
- Structure & Timeline: The merger was consummated on August 18, 2026, making NYIAX a wholly-owned subsidiary of Datavault AI. The original merger agreement was dated March 18, 2026.
- Governance Update: As part of the agreement, Datavault AI will nominate and elect two individuals designated by NYIAX to its board of directors within 30 days of the closing.