Datavault AI Inc. (NASDAQ: DVLT) has appointed CBIZ CPAs P.C. as its independent registered public accounting firm to strengthen its financial reporting and corporate governance frameworks. The decision underscores the technology company's commitment to maintaining high standards of compliance as it executes its business strategy.

Nathaniel T. Bradley, Chief Executive Officer of Datavault AI, emphasized that reliable financial reporting and accountability are essential for serving shareholders and stakeholders. He stated that the appointment of CBIZ reflects the company's dedication to these principles.

Corporate Governance Focus

The selection of CBIZ CPAs P.C. is part of Datavault AI's broader initiative to support its customers and stakeholders through robust oversight. The firm will serve as the independent auditor, ensuring transparency in the company's financial disclosures.

Regulatory Filing

Details regarding the appointment have been disclosed in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission. The document provides additional information about the transition and the new auditor's role.

Pomerantz LLP is investigating claims on behalf of investors of Datavault AI Inc. concerning potential securities fraud and other unlawful business practices by the company and its officers. The investigation follows a short report published by Wolfpack Research on October 31, 2025, which alleged that Datavault was a "stock promotion" relying on misleading press releases and "empty claims" about artificial intelligence, quantum computing, Web 3.0, and data monetization.

The report further criticized Datavault’s press releases for being filled with promotional buzzwords that did not reflect actual business operations. Wolfpack Research also questioned the activity on Datavault’s blockchain marketplace, alleging that the platform had virtually no trading activity. Additionally, the report raised concerns about Datavault’s leadership and affiliations, including alleged connections with a convicted felon.

Following the publication of the report, Datavault’s stock price fell $0.49 per share, or 19.44%, to close at $2.03 per share on October 31, 2025. This significant decline in share price represents the immediate financial impact of the allegations on the company's market valuation.

Investigation Details

Pomerantz LLP, a firm recognized for its work in corporate and securities class litigation, is examining whether Datavault and certain of its officers and/or directors engaged in securities fraud. Investors of Datavault are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980, to discuss their rights and potential remedies.

The firm has offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, and has recovered numerous multimillion-dollar damages awards on behalf of class members. The outcome of this investigation remains to be seen as the firm gathers further information regarding the allegations against Datavault AI Inc.