On May 11, 2023,Data Vault Holding, Inc., closed the transaction. The company announced that it has amended the terms of the transaction. The company has received $2,540,355 in its second tranche, bringing funds received so far in the transaction $33,040,355.

The transaction included participation from 145 investors. The company intends to continue the transaction for more than one year. The minimum investment accepted from any outside investor is $25,000.