Datavault AI Given Second Extension to Meet Nasdaq Listing Requirements

Nasdaq has granted Datavault AI (DVLT) an extra 180 days to meet its listing requirements. The company's stock price must reach and maintain at least $1.00 for ten consecutive trading sessions before February 22, 2027.

Currently trading at $0.31 per share, DVLT must close above the minimum bid price of $1.00 on a sustained basis to avoid delisting from the exchange.

The company has indicated it may pursue a reverse stock split as a potential remedy for its compliance issues.

Datavault AI recently acquired NYIAX, bringing blockchain settlement technology and four U.S. patents into its portfolio. The acquisition is expected to support specialized trading platforms across multiple sectors.

Analyst Barry Sine of Litchfield Hills maintains a Buy rating on DVLT with a $2 price target, suggesting potential gains of approximately 546% based on the company's current stock price.