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FAQ: Datavault AI's $150M Bitcoin Investment from Scilex Holding

FaqStaq News - Just the FAQs October 1, 2025
By FAQstaq Staff
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FAQ: Datavault AI's $150M Bitcoin Investment from Scilex Holding

Summary

Datavault AI has closed the initial tranche of a $150 million Bitcoin investment from Scilex Holding Company, with Scilex receiving 15 million shares of Datavault common stock at $0.5378 per share. The remaining investment will be issued through a pre-funded warrant, subject to stockholder approval for shares exceeding 19.99% of pre-financing shares outstanding.

What is the main announcement in this press release?

Datavault AI has closed the initial tranche of its previously announced $150 million Bitcoin investment from Scilex Holding Company, with Scilex receiving 15 million shares of Datavault common stock.

How much did Scilex pay per share for Datavault AI stock?

Scilex paid an effective purchase price of $0.5378 per share for the 15 million shares of Datavault common stock.

What happens with the remaining portion of the $150 million investment?

The balance of the investment will 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.

What does Datavault AI do as a company?

Datavault AI is a leader in AI-driven data visualization, valuation, and monetization, providing cloud-based solutions through its Acoustic Science and Data Science Divisions for industries including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy.

What are Datavault AI’s two main business divisions?

The company operates through its Acoustic Science Division (featuring WiSA®, ADIO®, and Sumerian® patented technologies for wireless HD sound transmission) and Data Science Division (leveraging Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization).

Where is Datavault AI headquartered?

The company is headquartered in Beaverton, OR.

When was this announcement made?

The press release was dated October 1, 2025.

What is the Information Data Exchange (IDE) mentioned in the content?

The Information Data Exchange (IDE) enables Digital Twins and licensing of name, image, and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity.

Where can I find more detailed information about this investment?

The full press release can be viewed at https://ibn.fm/TjgXs, and more information about Datavault AI is available at www.datavaultsite.com.

What industries does Datavault AI’s technology serve?

The company serves multiple industries including sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy, and more through its cloud-based platform and HPC software licensing.

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