The 5-year agreement at One Commerce Square confirms Datavault’s Philadelphia headquarters and reinforces its long-term growth strategy
PHILADELPHIA, Nov. 10, 2025 (GLOBE NEWSWIRE) -- via IBN – Datavault AI Inc. (Nasdaq: DVLT), a leader in data monetization, credentialing and digital engagement technologies, today announced it has entered into a 5-year lease agreement with Commerce Square Partners – Philadelphia Plaza L.P. for approximately 23,037 rentable square feet located on the 24th floor of 2005 Market Street, Suite 2400, One Commerce Square, in Philadelphia, Pennsylvania.
The lease, executed on Nov. 6, 2025, establishes Datavault’s permanent corporate headquarters in Philadelphia and replaces prior temporary office space. The agreement includes a base monthly rent of approximately $48,000 dollars with modest annual increases. It provides a strategic foundation for the company’s continued expansion across artificial intelligence, data tokenization, and digital credentialing technologies.
Recent online short-seller speculation questioned whether the lease had been completed. Datavault confirmed that while the filing arrived a few days later than initially anticipated, the transaction was executed in full accordance with our standard procedures. A copy of the agreement has been filed with the U.S. Securities and Exchange Commission (SEC) with its Current Report on Form 8-K filed on November 7.
“Our Philadelphia headquarters marks more than a new address, it is a statement of intent,” said Nathaniel Bradley, Chief Executive Officer of Datavault AI. “Despite the noise, we have continued executing on every promise we have made to shareholders. This lease formalization reflects our growth, our transparency, and our commitment to building lasting value in the data economy. The foundation is now set for our next phase of expansion.”
The new headquarters will serve as a central hub for Datavault’s development, sales, and operations teams. The company plans to use the space to accelerate enterprise integrations, support client engagement, and strengthen partnerships across the data-driven economy. The Philadelphia location was selected for its access to diverse technology talent, robust infrastructure, and proximity to major financial and academic institutions.
About Datavault AI
Datavault AITM (Nasdaq: DVLT) is leading the way in AI driven data experiences, valuation and monetization of assets in the Web 3.0 environment. The Company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multi-channel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI's cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI’s technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The Company is headquartered in Philadelphia, PA. Learn more about Datavault AI at www.dvlt.ai.
