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0 -0.00448430493273533 0 0.00448430493273553 0 0 -0.0134529147982062 -0.0225560538116592
Stock impact report

Datavault AI Announces Closing of the Second Tranche of Scilex Holding Company’s Previously Announced Equity Financing

Datavault AI Inc. (DVLT) 
Company Research Source: GlobeNewswire
Second tranche closing of approximately 1,237.6 Bitcoin follows approval by Datavault AI’s stockholders at annual meeting.Scilex Holding Company purchased a pre-funded warrant exercisable for approximately 263.91 million shares of Datavault AI common stock in connection with the closing of this second tranche.Both companies ramping up collaboration to deliver growth in 2026. PHILADELPHIA, Nov. 26, 2025 (GLOBE NEWSWIRE) -- via IBN -- Datavault® AI (NASDAQ: DVLT, “Datavault” or the “Company”), a provider of data monetization, credentialing, and real-world asset tokenization technologies, today announces that it has closed the second tranche of its previously announced equity financing with Scilex Holding Company (NASDAQ: SCLX, “Scilex”), issuing to a Scilex pre-funded warrant exercisable for 263,914,094 shares of Datavault common stock in exchange for a purchase of approximately 1,237.6 Bitcoin. The closing of the second tranche of Scilex’s strategic investment followed the approv Show less Read more
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