Datavault AI Secures $150M Bitcoin Investment from Scilex

Datavault AI (NASDAQ: DVLT), a pioneering company in AI-driven data visualization, valuation, and monetization, has successfully closed the initial portion of a substantial $150 million Bitcoin investment from Scilex Holding Company. This strategic financial move involved Scilex acquiring 15,000,000 shares of Datavault common stock at an effective purchase price of $0.5378 per share, with the remaining investment scheduled for a second tranche through a pre-funded warrant. The completion of the full investment is contingent upon Datavault stockholder approval for share issuance exceeding 19.99% of pre-financing shares outstanding, highlighting the significant scale of this corporate partnership.

Positioned at the forefront of Web 3.0 innovation, Datavault AI operates through two distinct but complementary divisions that showcase its technological breadth. The Acoustic Science Division features groundbreaking patented technologies including WiSA®, ADIO®, and Sumerian® - industry-leading foundational spatial and multichannel wireless HD sound transmission systems with intellectual property covering audio timing, synchronization, and multi-channel interference cancellation. Simultaneously, the Data Science Division leverages high-performance computing to deliver sophisticated solutions for experiential data perception, valuation, and secure monetization across multiple sectors. The company's comprehensive cloud-based platform serves diverse industries including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy through its innovative Information Data Exchange® (IDE) technology.

The IDE platform represents a significant technological advancement, enabling Digital Twins and facilitating the licensing of name, image, and likeness (NIL) by securely connecting physical real-world objects to immutable metadata objects. This approach fosters responsible AI implementation with built-in integrity safeguards. Datavault AI's technology suite offers complete customization capabilities, incorporating AI and Machine Learning automation, third-party integration, detailed analytics, marketing automation, and advertising monitoring. For those seeking comprehensive information about the company's offerings and strategic direction, additional details are available at www.datavaultsite.com, while the full press release can be accessed through the InvestorBrandNetwork at https://ibn.fm/TjgXs, providing investors and industry observers with complete context about this significant corporate development.