Datavault AI (DVLT) Stock Gets Second Nasdaq Extension Until February 2027
TLDR
- Nasdaq granted Datavault AI a second 180-day extension, giving it until February 22, 2027, to get its stock price back above $1.00
- DVLT currently trades at $0.31, needing to close at or above $1.00 for 10 consecutive trading days to regain compliance
- A reverse stock split is being considered as one option to cure the deficiency
- Last week, Datavault completed its acquisition of NYIAX, adding blockchain settlement capabilities and four U.S. patents
- Analyst Barry Sine has a Buy rating and $2 price target on DVLT, implying roughly 546% upside
Datavault AI (DVLT) has been handed a lifeline by Nasdaq, getting another six months to pull its stock price out of penny-stock territory or face delisting.
The company received an additional 180-day compliance period on August 25, extending its deadline to February 22, 2027. Datavault had already burned through its first 180-day window without getting DVLT above the required $1.00 minimum bid price.
The stock currently sits at $0.31. To satisfy Nasdaq, it needs to close at $1.00 or higher for at least ten consecutive trading days before the February deadline. If that does not happen, Nasdaq will issue a delisting notice.
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