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

Datavault AI Inc. (NASDAQ: DVLT) has successfully closed the initial portion of its previously announced $150 million Bitcoin investment from Scilex Holding Company (NASDAQ: SCLX). This strategic financial move represents a significant milestone for both companies and highlights the evolving landscape of corporate financing involving cryptocurrency assets. 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 substantial equity position in the AI technology firm.

The remaining balance of the $150 million investment will be issued through a second tranche utilizing a pre-funded warrant structure. This subsequent phase is contingent upon Datavault stockholder approval for the issuance of shares that would exceed 19.99% of the company's pre-financing shares outstanding. This structured approach demonstrates careful corporate governance while pursuing substantial capital infusion. The complete details of this financial arrangement are available in the official documentation accessible through the company's newsroom at https://ibn.fm/DVLT.

Datavault AI stands as a prominent player in AI-driven data visualization, valuation, and monetization technologies, particularly within the emerging Web 3.0 environment. The company's comprehensive cloud-based platform serves multiple industries through its two specialized divisions: Acoustic Science and Data Science. The Acoustic Science Division incorporates patented technologies including WiSA®, ADIO®, and Sumerian® systems, featuring industry-leading foundational spatial and multichannel wireless HD sound transmission capabilities. These technologies are protected by intellectual property covering audio timing, synchronization, and multi-channel interference cancellation.

The Data Science Division leverages Web 3.0 infrastructure and high-performance computing to deliver sophisticated solutions for experiential data perception, valuation, and secure monetization. This division's technology serves diverse sectors including sports and entertainment, events and venues, biotech, education, fintech, real estate, healthcare, and energy. A key innovation within this ecosystem is the Information Data Exchange® (IDE), which enables Digital Twins and facilitates the licensing of name, image, and likeness (NIL) by securely connecting physical real-world objects to immutable metadata objects.

This substantial Bitcoin-backed investment carries significant implications for the broader technology and financial sectors. It represents a growing trend of established corporations utilizing cryptocurrency assets for major financial transactions, potentially signaling increased institutional acceptance of digital currencies as legitimate financial instruments. For Datavault AI, the capital infusion provides substantial resources to accelerate development and deployment of its AI and machine learning automation technologies, third-party integration capabilities, and advanced analytics platforms.

The transaction also demonstrates confidence in Datavault's business model and technological approach from Scilex Holding, a publicly-traded company making a strategic investment in the AI data space. This vote of confidence could influence other investors and industry participants regarding the viability and growth potential of AI-driven data solutions in the Web 3.0 ecosystem. Additional information about Datavault AI's technological offerings and corporate direction can be found at https://www.datavaultsite.com.