Datavault AI completes second tranche with Scilex for 1,237.6 Bitcoin

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Go back to Datavault AI completes second tranche with Scilex for 1,237.6 Bitcoin

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

November 26, 2025 6:00 AM EST

Second tranche closing of approximately 1,237.6 Bitcoin follows approval by Datavault AIs 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... More