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NASDAQ:DVLT10/31/2025

WolfPack Research Short Report on DVLT

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Datavault AI Financial Dashboard - Wolfpack Research

Datavault AI Inc. $DVLT

Wolfpack Research β€’ Published October 31, 2025 β€’ "A Joke Brought To You By An SEC-Sanctioned Promoter"

CORE INVESTMENT THESIS

Datavault AI is a stock promotion masquerading as an AI company, led by an SEC-sanctioned CEO who was fined for making false COVID-19 claims.

The company's "blockchain-powered" data platform is essentially a wasteland of meaningless NFTs with virtually no trading activity. Its "quantum computing center" is actually a 2,800 square foot office (not the claimed 22,000 sq ft), and the CEO operates from a beauty salon in New Jersey. Wolfpack Research concludes this is a complete joke and a short position.

COMPANY OVERVIEW

Company Name
Datavault AI Inc.
Formerly WiSA Technologies (99.99% stock decline)
Headquarters
πŸ‡ΊπŸ‡Έ United States
NASDAQ: DVLT β€’ Actually operates from beauty salon in NJ
Current Business
Claims AI/Blockchain Data Platform
Reality: NFT marketplace with no activity
Leadership
Nathaniel Bradley (CEO)
Fined $40K by SEC, banned from penny stocks
Market Capitalization
$717.5 Million
Stock up ~800% since early September 2025
Primary Risk
Fraudulent Claims & Promotion
Platform has virtually no real activity or users

KEY RED FLAGS

SEC Sanctions
$40,000 Fine

CEO Nathaniel Bradley was fined and banned from penny stock offerings for 3 years for false COVID-19 claims at previous company

"Headquarters" Reality
Beauty Salon

Company operates from a beauty salon in Matawan, NJ and a co-working space in NYC, not a professional office

"Quantum Computing Center"
2,800 sq ft

Claimed 22,000 sq ft with "on-site data centers" - actually a small 5th floor office with 1 employee. Building staff confirmed no data centers exist

Platform Trading Activity
Nearly Zero

Data Vault platform contains mostly meaningless NFTs like "Bentley Pup" and "Parmesan Cheese" - only 1 transaction found in 2+ years

Stock Promotion Spending

DVLT has paid multiple firms to promote the stock, a major red flag for legitimate companies

$180K
InvestorBrand Network
$80.5K
Market Tips Newsletter
$14K
Barchart Article

QUESTIONABLE "PARTNERSHIPS"

Scilex Holdings - $150M Bitcoin "Investment"

The Problem: SCLX has a market cap under $150M and only $4.1M in cash

The Deal: Claims to invest via "Biconomy PTE.LTD" which doesn't appear to exist

The Dilution: Would issue 264M shares at 80% discount - nearly 50% dilution to shareholders

Burke Products - "Global Defense Contractor"

The Claim: Mission-critical defense contracts with AI integration

The Reality: Small Ohio business with $3.1M in 2025 contracts

What They Sell: Nuts, bolts, hoses, and electrical connectors - no AI anywhere

Nature's Miracle Holdings - $2M License Fee

The Announcement: $2M non-refundable fee for carbon credit system

The Problem: NMHI has only $9,511 in cash

The Pattern: Same CEO promised $100M to Faraday Future (another promotion)

KEY PLAYERS

🚨 Nathaniel Bradley

CEO & Co-Founder

Fined $40,000 by SEC in July 2021 for falsely claiming Parallax Health Sciences had COVID-19 tests "available soon" and PPE for "immediate sale" when the company was actually insolvent.

Banned from penny stock offerings for 3 years. Omits this role from company bio.

⚠️ Edward Withrow III

Convicted Felon & Patent Co-Inventor

Pled guilty to making false statements in pump-and-dump scheme. Sentenced to 5 months house arrest and 5 years probation. Former chairman of Parallax Diagnostics (before Bradley's time).

Co-inventor with Bradley on multiple patents owned by EOS Technology Holdings (major DVLT shareholder).

πŸ’Ό Sonia Choi

CMO & Co-Founder

Bradley's spouse. Lists mailing address at 95 Main Street, Matawan, NJ - which appears to be a beauty salon called Boheme Beauty.

Operates ~$700M market cap company from beauty salon and NYC co-working space.

πŸ“Š Stanley Mbugua

VP of Finance & Chief Accounting Officer

Previously worked at Presto Automation (charged by SEC for false statements) and Skillz (after Wolfpack's damning report). Shareholders were "obliterated" at both companies.

Track record suggests DVLT will complete the hat-trick of shareholder destruction.

WOLFPACK'S PLATFORM INVESTIGATION

What Wolfpack Found on the "Data Vault" Platform:

βœ“ Latest "Data" for Sale: Historical weather data posted by DVLT employee as a "sample"

βœ“ Most Common Items: Meaningless NFTs named "Bentley Pup", "Parmesan Cheese", "White House Swag"

βœ“ Trading Activity: Found only ONE transaction across 100+ NFTs reviewed - a "demo" carbon offset that traded for 1 penny on May 25, 2023 (over 2 years ago)

βœ“ Questionable Datasets: Diversity data potentially disclosing employee HIV/AIDS status, parking lot "tokenized data", Palm Beach voter lists

"We think this is total crap and that the idea that any business revolving around it must be a joke." - Wolfpack Research

Wolfpack Research's Verdict

According to Wolfpack Research, Datavault AI ($DVLT) is a stock promotion led by an SEC-sanctioned CEO who previously exploited COVID-19 fears with false claims. The company's "blockchain-powered AI platform" is a wasteland of meaningless NFTs with virtually no trading activity. Its "quantum computing center" is actually a 2,800 square foot office (not 22,000 sq ft as claimed) where only one employee was observed working. The CEO operates from a beauty salon in New Jersey and has partnerships with questionable penny stock companies that lack the financial resources to fulfill their announced deals. Wolfpack Research concludes this is a complete joke designed to enrich insiders at retail investors' expense.

πŸ”» WOLFPACK RESEARCH SHORT POSITION
Stock Price: $2.52 | Target: Significantly Lower | Expected Downside: Substantial

"We really only have scratched the surface on this name. We would dive in and go on and on detailing every dubious thing we could find, but why bother? If you don't get the gist of what is going on here, you never will. We think DVLT is a total joke."

- Wolfpack Research, October 31, 2025

Disclaimer: This dashboard is a visualization of publicly available research by Wolfpack Research. Wolfpack holds short positions in DVLT and stands to profit if the stock price declines. This is not investment advice. All investors should conduct their own due diligence and consult with professional financial advisors before making investment decisions. Past performance is not indicative of future results.