Scilex Holding Company Announces Closing of Previously Announced Second Tranche Investment in Datavault AI Inc., Completing Its Two-Tranche Equity Financing in Datavault AI Inc.
Scilex Holding Company (SCLX)
Company Research
Source: GlobeNewswire
Scilex closed the second tranche, purchasing a pre-funded warrant exercisable for 263,914,094 shares of Datavault AI Inc. (Nasdaq: DVLT; “Datavault AI”) common stock in Bitcoin (BTC) (based on the spot exchange rate of BTC as of the signing of the strategic investment).The closing followed the approval by the Datavault AI stockholders, obtained at Datavault AI’s November 24, 2025 annual meeting, of the issuance of the shares of Datavault common stock upon exercise of the pre-funded warrant.Scilex has exercised the warrant in full and the shares of Datavault AI common stock issued upon such exercise have an approximate value of $583.3 million based on the closing price of $2.21 per share of Datavault AI common stock on the Nasdaq Capital Market on November 25, 2025.Both companies will ramp up collaboration to deliver growth in Real World Asset tokenization in 2026 and beyond. PALO ALTO, Calif., Nov. 26, 2025 (GLOBE NEWSWIRE) -- Scilex Holding Company (“Scilex” or the “Company”) (Nas
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SCLX
News
- Scilex Holding Company Announces Closing of Exercise of Warrants for $20.3 Million Gross ProceedsGlobeNewswire
- Scilex Holding Company Announces Exercise of Warrants for $20.3 Million Gross ProceedsGlobeNewswire
- Scilex Holding Company Announces Update Regarding Distribution of Dream Bowl 2026 Meme Coin by Datavault AI Inc. [Yahoo! Finance]Yahoo! Finance
- Scilex Holding Company Announces Update Regarding Distribution of Dream Bowl 2026 Meme Coin by Datavault AI Inc.GlobeNewswire
- Scilex Holding Company Announces that the Board of Directors of Datavault AI Inc. Has Approved the Distribution of a Dream Bowl 2026 Meme Coin to All Eligible Scilex and Datavault AI Stockholders of Record and Set a Record Date of November 25, 2025GlobeNewswire
SCLX
Earnings
- 5/14/25 - Beat
SCLX
Sec Filings
- 12/1/25 - Form 424B3
- 12/1/25 - Form 424B3
- 12/1/25 - Form 424B3
- SCLX's page on the SEC website