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Datavault AI Announces Update Regarding Distribution of Josh Gibson Coin
PHILADELPHIA, PA / ACCESS Newswire / February 26, 2026 / Datavault AI Inc. ("Datavault AI" or the "Company") (NASDAQ:DVLT), a provider of data monetization,
About this update from Datavault Ai Inc.
[{"type":"text","content":"PHILADELPHIA, PA / ACCESS Newswire / February 26, 2026 / Datavault AI Inc. (\"Datavault AI\" or the \"Company\") (NASDAQ:DVLT), a provider of data monetization, credentialing, digital engagement, and real‑world asset tokenization technologies, announced today that, in connection with its previously announced launch of the Josh Gibson Coin (the \"Gibson Coins\"), the Datavault AI board of directors (the \"Datavault Board\") has set March 9, 2026 (subject to the right of the Datavault Board to change such date) as the record date for the dividend of the Gibson Coins to eligible record holders of Datavault AI common stock and other eligible Datavault AI equity securities. In addition, the Datavault Board has set April 30, 2026 as the distribution date for the Gibson Coins. The distribution of the Gibson Coins will commence on such date and be made to eligible record equity holders of Datavault AI on the basis of one (1) coin for every one (1) share of Datavault AI common stock held (or shares of common stock underlying other Datavault AI equity securities held, subject to the contractual terms of such securities) by such holders as of the record date.The record date and/or the distribution date for the dividend may be changed by the Datavault Board for any reason at any time prior to the actual distribution date, and completion of the distribution of the Gibson Coin is conditioned upon the Datavault Board having not revoked the dividend prior to the distribution date, including for a material change to the solvency or surplus analysis presented to the Datavault Board.Datavault AI will provide further details regarding the terms and conditions of the distribution of the Gibson Coins, and instructions regarding wallet setup, token access and distribution procedures to eligible record equity holders of Datavault AI on the books and records of the transfer agent of Datavault AI, in a subsequent communication prior to the distribution date.The Gibson Coins are a digital collectible intended solely for personal, non-commercial use. The Gibson Coins do not in and of themselves: (i) represent or confer any equity, voting, dividend, profit-sharing, or ownership rights in Datavault AI or any other entity; (ii) provide any right to receive monetary payments, distributions, or appreciation; or (iii) create any expectation of profit or reliance...