Datavault AI is trading at $0.08, down 10.13%, after its October 26 filing said four prior financial reports should no longer be relied upon.
- The company has been unable to withdraw Bitcoin from Biconomy; it expects restatements to reduce reported assets.
- Collection of amounts tied to Scilex remains uncertain; no company announcement specifically dated October 29 was identified. Weak technology sentiment may add pressure; Nasdaq futures were down 1.28%, but accounting concerns remain the clearest catalyst.