Datavault (<a>DVLT
) has noted that Wolfpack Research recently issued a self-serving and malicious short report targeting the company and its CEO, Nathaniel Bradley. The company strongly condemns this action and issues the following formal statement: “The Wolfpack Research report includes numerous false, misleading, and defamatory statements intended to manipulate Datavault AI’s stock for the financial benefit of short sellers. These claims lack factual foundation and have caused reputational harm to the Company and its stockholders. Wolfpack Research has openly acknowledged its short position in DVLT shares-demonstrating that its so-called ‘research’ is driven by self-interest rather than truth.” “It’s obvious that these actors are financially benefitting from spreading false information,” said Nathaniel Bradley, CEO of Datavault AI. “We intend to file suit to hold Wolfpack Research accountable for its malicious conduct and to protect the rights of our shareholders. Short selling is a recognized market practice; however, intentional market manipulation through false and defamatory statements is not. The company is evaluating Wolfpack Research’s actions and will pursue all legal remedies available under applicable law.”
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