Datavault AI Issues 15 Million Shares to Scilex in Initial Tranche; Second Tranche Pending Shareholder Approval

Reuters

Sep 27

Datavault AI Issues 15 Million Shares to Scilex in Initial Tranche; Second Tranche Pending Shareholder Approval

Datavault AI Inc. (Nasdaq: DVLT) has closed the initial tranche of a $150 million Bitcoin investment from Scilex Holding Company (Nasdaq: SCLX). Scilex received 15,000,000 shares of Datavault common stock at an effective purchase price of $0.5378 per share. The agreement allows Scilex to acquire up to 278,914,094 shares, with the remainder to be issued in a second tranche via a pre-funded warrant, pending shareholder approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Datavault Ai Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250926978445) on September 26, 2025, and is solely responsible for the information contained therein.

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Scilex received 15,000,000 shares of Datavault common stock at an effective purchase price of $0.5378 per share. The agreement allows Scilex to acquire up to 278,914,094 shares, with the remainder to be issued in a second tranche via a pre-funded warrant, pending shareholder approval.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Datavault Ai Inc. published the original content used to generate this news brief via Business Wire (Ref. 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Scilex received 15,000,000 shares of Datavault common stock at an effective purchase price of $0.5378 per share. The agreement allows Scilex to acquire up to 278,914,094 shares, with the remainder to be issued in a second tranche via a pre-funded warrant, pending shareholder approval.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Datavault Ai Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250926978445) on September 26, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DVLT","symbol_name":"Datavault AI Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250926:nNDL4wMCdG:1","article_id":"2570832531","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2570832531","pubTimestamp":1758917536,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Datavault AI Inc.  has closed the initial tranche of a $150 million Bitcoin investment from Scilex Holding Company . Scilex received 15,000,000 shares of Datavault common stock at an effective purchase price of $0.5378 per share. The agreement allows Scilex to acquire up to 278,914,094 shares, with the remainder to be issued in a second tranche via a pre-funded warrant, pending shareholder approval.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Datavault Ai Inc. published the original content used to generate this news brief via Business Wire  on September 26, 2025, and is solely responsible for the information contained therein.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DVLT":"Datavault AI Inc.","SCLX":"Scilex Holding Company","BK4007":"制药","BK4141":"半导体产品"},"translate_title":"Datavault AI首期向Scilex发行1500万股股票；第二批尚待股东批准","themeId":"7e70cdff9e4c89c2a7d9a5ba8fd4a815","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DVLT":0.9,"SCLX":0.9},"content_text":"Datavault AI Issues 15 Million Shares to Scilex in Initial Tranche; Second Tranche Pending Shareholder Approval\n    \n\nDatavault AI Inc. (Nasdaq: DVLT) has closed the initial tranche of a $150 million Bitcoin investment from Scilex Holding Company (Nasdaq: SCLX). Scilex received 15,000,000 shares of Datavault common stock at an effective purchase price of $0.5378 per share. The agreement allows Scilex to acquire up to 278,914,094 shares, with the remainder to be issued in a second tranche via a pre-funded warrant, pending shareholder approval.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Datavault Ai Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250926978445) on September 26, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}