Datavault AI Secures $150M Bitcoin Investment from Scilex

Datavault AI (NASDAQ: DVLT), a prominent player 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 (NASDAQ: SCLX). This strategic financial move saw Scilex acquiring 15,000,000 shares of Datavault common stock at an effective purchase price of $0.5378 per share, marking a significant capital infusion for the AI technology company. The transaction structure includes a second tranche to be issued through a pre-funded warrant, though this portion remains subject to Datavault stockholder approval for share issuance exceeding 19.99% of pre-financing shares outstanding, adding an important governance layer to this major financial arrangement.

Beyond this landmark investment, Datavault AI positions itself as a leader in AI experience, valuation, and monetization within the Web 3.0 ecosystem. The company operates through two distinct divisions: the Acoustic Science Division, which features patented WiSA, ADIO, and Sumerian technologies focused on spatial and multichannel wireless HD sound transmission, and the Data Science Division, which leverages Web 3.0 and high-performance computing for experiential data perception and secure monetization. Their comprehensive cloud-based platform serves multiple industries including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy through solutions like the Information Data Exchange (IDE) that enables Digital Twins and licensing of name, image, and likeness (NIL) by securely connecting physical objects to immutable metadata objects.

The company's technology suite offers complete customization with AI and Machine Learning automation, third-party integration, detailed analytics, marketing automation, and advertising monitoring capabilities. Headquartered in Beaverton, Oregon, Datavault AI maintains an active presence through its corporate website and newsroom, while TechMediaWire, part of the Dynamic Brand Portfolio within IBN, serves as the specialized communications platform distributing this news through various channels including wire solutions, editorial syndication to 5,000+ outlets, enhanced press release services, and social media distribution to millions of followers. Readers can access the full press release through the provided link and learn more about the company's comprehensive technology offerings and industry applications.