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Datavault AI closes second tranche of Scilex investment, buys 1,237.6 Bitcoin.
ByAinvest
Wednesday, Nov 26, 2025 6:23 am ET1min read
Datavault AI has closed the second tranche of its equity financing with Scilex Holding Company, issuing a pre-funded warrant exercisable for 263.9 million shares of Datavault common stock in exchange for 1,237.6 Bitcoin. The closing followed approval by Datavault's stockholders at their annual meeting. Both companies are ramping up their collaboration to deliver growth in 2026.
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