Datavault AI Inc. Enters into New Subscription Agreement with IBM, Creating Direct Financial Obligation
Reuters
Sep 27
Datavault AI Inc. Enters into New Subscription Agreement with IBM, Creating Direct Financial Obligation
**Datavault AI Inc. Enters Agreement with IBM for Program Subscription Financing** Datavault AI Inc., a Delaware-based technology company, has announced it has entered into a definitive agreement with International Business Machines Corporation $(IBM)$ to purchase subscriptions to IBM's program offerings. Under the terms of the agreement, Datavault AI has committed to a new financial obligation related to these subscriptions, further solidifying its partnership with IBM. The arrangement, which constitutes a material financial obligation for Datavault AI, was disclosed in a recent regulatory filing. Details of the specific financial terms were not released, but the company stated that the full text of the agreement has been filed with the Securities and Exchange Commission as an exhibit to its Form 8-K.
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