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Datavault AI Inc. Announces Proposed Dividend of Warrants
Record date for the proposed dividend of warrants will be on Jan. 7, 2026The warrants are expected to have a striking price of $5.00 per share of Datavault AI
About this update from Datavault Ai Inc.
[{"type":"text","content":"Record date for the proposed dividend of warrants will be on Jan. 7, 2026The warrants are expected to have a striking price of $5.00 per share of Datavault AI common stock (subject to adjustment for recapitalizations, stock splits, stock dividends and similar types of transactions)Each eligible participant is expected to be entitled to receive one (1) warrant to purchase one (1) share of Datavault AI common stock for every sixty (60) shares of Datavault AI common stock owned by such participant and is required to open a wallet with Datavault. PHILADELPHIA, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Datavault AI Inc. (“Datavault AI” or the “Company”) (NASDAQ: DVLT), a leader in data monetization, credentialing, and digital engagement technologies, today announced that the Company intends to declare a special dividend distribution of warrants to holders of Datavault AI common stock and holders of certain other Datavault AI equity securities. The expected terms of the warrants are described below. The record date for such proposed dividend is set on Jan. 7, 2026, and the related distribution date has not yet been determined. The Company anticipates that it will announce such information on or before Jan. 7, 2026. Datavault AI currently anticipates that the terms of the dividend and the warrants to be distributed in connection therewith will include: Eligible Participants: All record and beneficial holders of Datavault AI common stock and holders of certain other equity securities of Datavault AI (with contractual rights to participate in the dividend) as of the record date are expected to be eligible to participate in the dividend, at no cost.Dividend Ratio: Each eligible participant is expected to be entitled to receive one (1) warrant to purchase one (1) share of Datavault AI common stock for every sixty (60) shares of Datavault AI common stock owned by such participant (or deemed to be owned by such participant in the case of other equity securities of Datavault AI for purposes of determining such holder’s right to participate in any such dividend), in each case as of the record date, rounded up to the nearest whole number of warrants. No fractional warrants will be distributed.Exercise Price: The warrants are expected to have a striking price of $5.00 per share of Datavault AI common stock (subject to adjustment for recapitalizations, s...