TechMediaBreaks – Datavault AI Inc. (NASDAQ: DVLT) Closes Initial Tranche of $150 Million Bitcoin Investment from Scilex Holding
Datavault AI (NASDAQ: DVLT), a leader in AI-driven data visualization, valuation, and monetization, announced the closing of the initial tranche of its previously announced $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, with the balance of the investment to be issued in a second tranche through a pre-funded warrant, subject to Datavault stockholder approval for the issuance of shares exceeding 19.99% of pre-financing shares outstanding. To view the full press release, visit https://ibn.fm/MLmYX About Datavault AI Inc. Datavault AI (NASDAQ: DVLT) is…