Datavault AI Inc. (NASDAQ:DVLT) Announces a Distribution Date of February 21, 2026 for Warrants to Purchase Common Stock to Eligible Record Equityholders of Datavault AI

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[{"type":"text","content":"PHILADELPHIA, PENNSYLVANIA / ACCESS Newswire / January 7, 2026 / Datavault AI Inc. (NASDAQ:DVLT) ("Datavault AI" or the "Company"), a leader in data monetization, credentialing, and digital engagement technologies, today announced that its board of directors (the "Datavault Board") has set February 21, 2026 (or such other date as determined by the Datavault Board) as the distribution date for the previously announced dividend of warrants (the "Warrants") to purchase shares of Datavault AI common stock, par value $0.0001 per share (the "Common Stock") to eligible record equity holders of Common Stock and other equity securities of Datavault AI. The previously announced record date for the distribution of the Warrants was January 7, 2026. The distribution of the Warrants will be made to eligible record equity holders of Datavault AI on the basis of one (1) Warrant to purchase one (1) share of Common Stock for every sixty (60) shares of 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.","length":1188,"tagName":"p"},{"type":"text","content":"Each Warrant is expected to entitle the holder thereof to purchase, subject to certain conditions that will be specified in the Warrant Agreement governing the Warrants, one (1) share of Common Stock at an exercise price of $5.00 per share (in each case, subject to adjustment for recapitalizations, stock splits, stock dividends and similar types of transactions), at any time and from time to time following the distribution date until expiration of the Warrants, which expiration shall be the date that is the one (1) year anniversary of the distribution date. The exercise of the Warrants is expected to be conditioned upon the requirement that the applicable holder holds at least one (1) Dream Bowl Meme Coin II token per Warrant (which token must be held in a digital wallet with Datavault AI) as of the date of exercise of each such Warrant (which condition will be subject to verification by the Company). This condition and/or any other conditions to the exercise of the Warrants will be set forth in the Warrant Agreement, which Datavault AI expects to file with the Securities and Exchange Commission (the "S...

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