The deal values CyberCatch shares at $3.22 each after adjustments for dilutive securities and transaction costs.
Datavault AI will purchase CyberCatch Holdings in an all-cash transaction totaling $94.5 million. The acquisition price equates to approximately $3.22 per share, factoring in dilutive securities, liabilities, and expenses.
The definitive agreement covers all outstanding CyberCatch shares, marking a strategic move for Datavault AI in the cybersecurity sector. No prior valuation or consensus estimates were disclosed for comparison.
Details on market reaction or trading activity following the announcement were not provided.