Datavault AI Secures $150 Million Bitcoin Investment from Scilex Holding

Datavault AI (NASDAQ: DVLT) has successfully closed the initial tranche of its previously announced $150 million Bitcoin investment from Scilex Holding Company. The transaction involved Scilex receiving 15,000,000 shares of Datavault common stock at an effective purchase price of $0.5378 per share. The remaining balance of the investment will be issued in a second tranche through a pre-funded warrant, subject to Datavault stockholder approval for the issuance of shares exceeding 19.99% of pre-financing shares outstanding.

This substantial capital infusion represents a significant vote of confidence in Datavault AI's position as a leader in AI-driven data visualization, valuation, and monetization. The company's cloud-based platform provides comprehensive solutions with a collaborative focus across its Acoustic Science and Data Science Divisions. The investment from Scilex Holding provides Datavault with substantial resources to accelerate development and deployment of its innovative technologies across multiple industries.

Datavault AI's technology suite serves numerous sectors including sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, and energy. The company's Acoustic Science Division features WiSA, ADIO and Sumerian patented technologies, representing industry-first foundational spatial and multichannel wireless HD sound transmission technologies with intellectual property covering audio timing, synchronization and multi-channel interference cancellation.

The Data Science Division leverages Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. A key component of this division is the Information Data Exchange (IDE), which enables Digital Twins and licensing of name, image, and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects. This technology fosters responsible AI with integrity while providing comprehensive customization options.

The timing of this investment is particularly significant given the growing importance of Web 3.0 technologies and the increasing demand for sophisticated data visualization and monetization solutions across industries. The capital infusion positions Datavault AI to expand its market presence and accelerate development of its customizable technology suite, which offers AI and Machine Learning automation, third-party integration, detailed analytics, marketing automation and advertising monitoring capabilities.

For more information about Datavault AI's comprehensive technology platform, visit https://www.datavaultsite.com. Additional details about the investment terms and forward-looking statements can be found at https://ibn.fm/TjgXs and the full terms of use and disclaimers are available at http://IBN.fm/Disclaimer.

The completion of this initial investment tranche represents a major milestone for Datavault AI, providing the company with substantial financial resources to execute its strategic vision in the rapidly evolving AI and Web 3.0 landscape. This development signals growing institutional confidence in the company's technology platform and its potential to transform how businesses visualize, value, and monetize data assets across multiple sectors.