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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.
Posted In: DVLT