Datavault AI Secures Initial $150 Million Bitcoin Investment from Scilex Holding

Datavault AI Inc. (NASDAQ: DVLT) has successfully closed the initial tranche of its previously announced $150 million Bitcoin investment from Scilex Holding Company (NASDAQ: SCLX). This strategic financial move represents a significant milestone for the AI-driven data visualization company, providing substantial capital to advance its technological initiatives in the rapidly evolving Web 3.0 landscape. The transaction involved Scilex receiving 15,000,000 shares of Datavault common stock at an effective purchase price of $0.5378 per share, establishing a strong financial foundation for Datavault's continued growth and innovation.

The remaining balance of the $150 million investment will be issued through a second tranche via a pre-funded warrant, subject to Datavault stockholder approval for the issuance of shares exceeding 19.99% of pre-financing shares outstanding. This structured approach to funding demonstrates careful financial planning and regulatory compliance, ensuring that the company maintains proper governance while securing the necessary capital to execute its strategic vision. The investment from Scilex Holding represents a vote of confidence in Datavault's business model and technological capabilities.

Datavault AI operates as a leader in AI-driven data visualization, valuation, and monetization, with its cloud-based platform serving multiple industries through its Acoustic Science and Data Science Divisions. The company's Acoustic Science Division features patented technologies including WiSA, ADIO, and Sumerian, which represent industry-first foundational spatial and multichannel wireless HD sound transmission technologies. These innovations cover intellectual property related to audio timing, synchronization, and multi-channel interference cancellation, positioning Datavault at the forefront of acoustic technology development.

The Data Science Division leverages Web 3.0 capabilities and high-performance computing to provide solutions for experiential data perception, valuation, and secure monetization. This division's technology serves diverse sectors including sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, and energy. The company's Information Data Exchange enables Digital Twins and facilitates the licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI implementation with integrity.

Datavault's comprehensive technology suite offers complete customization capabilities, featuring AI and Machine Learning automation, third-party integration, detailed analytics and data, marketing automation, and advertising monitoring. The company maintains its headquarters in Beaverton, Oregon, and continues to develop innovative solutions that bridge the physical and digital worlds. Additional information about Datavault AI's operations and technology offerings can be found at https://www.datavaultsite.com.

This substantial investment comes at a critical time in the evolution of Web 3.0 technologies and AI-driven data solutions. The funding will enable Datavault to accelerate its research and development efforts, expand its market presence, and enhance its technological offerings across multiple industry verticals. For investors and stakeholders seeking current information about the company, the latest news and updates relating to DVLT are available in the company's newsroom at https://ibn.fm/DVLT.

The strategic partnership between Datavault AI and Scilex Holding represents a significant development in the intersection of artificial intelligence, data visualization, and blockchain technology. This investment not only provides immediate financial resources but also establishes a foundation for potential future collaborations and technological synergies between the two companies. As organizations increasingly seek sophisticated data visualization and monetization solutions, Datavault's enhanced financial position positions it to capture growing market opportunities in the evolving digital economy.