Datavault AI Acquires NYIAX for Specialized Exchange Network

Datavault AI Inc. is set to significantly expand its digital asset exchange capabilities through a definitive agreement to acquire NYIAX Inc. in an all-stock transaction. This strategic move aims to consolidate patented exchange technology with Datavault AI's expertise in AI-driven data monetization, forging a new frontier in specialized digital marketplaces.

The acquisition, announced on March 19, 2026, will see Datavault AI issue 78,947,368 shares of its common stock to NYIAX shareholders. This integration is designed to create a unified entity where NYIAX will operate as a wholly owned subsidiary. For investors in NYIAX who are not accredited, cash consideration will be provided, calculated based on Datavault AI's volume-weighted average stock price at the time of closing.

A key component of the deal includes an earn-out provision, potentially adding up to 13 million more shares to the transaction. This contingent issuance is tied to the combined company successfully executing a qualifying trading market transaction within a year of the deal's completion, signaling confidence in future growth and market integration.

NYIAX contributes substantial intellectual property to the union, notably its patented exchange technology, including U.S. Patent Nos. 10,607,291 and 11,410,236, which cover advanced systems and methods for continuous electronic trading of varied inventories. This technology, coupled with a blockchain-powered trading platform, forms the technological bedrock for the planned expansion.

The combined entity has ambitious plans to launch a suite of specialized exchanges. These will include an Information Data Exchange for corporate data and real-world assets, an International Elements Exchange focused on critical materials, an American Political Exchange for political data, and a Sports-Centered NIL Exchange to manage athlete rights. The existing NYIAX Advertising Exchange for media inventory will also be integrated and enhanced.

Nathaniel Bradley, CEO of Datavault AI, emphasized that this acquisition is a pivotal step in constructing a comprehensive ecosystem of AI and blockchain-powered exchanges. Similarly, Teri Gallo, CEO of NYIAX, highlighted the merger's potential to deploy NYIAX's patented technology across a diverse range of verticals and asset classes, unlocking new market opportunities in areas like data monetization and digital asset trading, a sector experiencing significant innovation and investment.

This transaction is subject to the satisfaction of customary closing conditions and the receipt of necessary regulatory approvals, underscoring the careful execution required for such significant market consolidations in the technology and financial services sectors.