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Datavault AI Inc. (NASDAQ: DVLT) Announces Its Board of Directors Approved the Distribution of Dream Bowl Draft Meme Coins to All Eligible Scilex Holding Company and Datavault AI Shareholders with a Set Record Date of Nov. 25, 2025
Issuance will coincide with historic Dream Bowl AI driven draft and NFL Alumni mentorship program PHILADELPHIA , Nov. 11, 2025 (GLOBE NEWSWIRE) -- via IBN --
About this update from Datavault Ai Inc.
[{"type":"text","content":"Issuance will coincide with historic Dream Bowl AI driven draft and NFL Alumni mentorship program\nPHILADELPHIA , Nov. 11, 2025 (GLOBE NEWSWIRE) -- via IBN -- Datavault AI Inc. (NASDAQ: DVLT), a leader in data monetization, credentialing, and digital engagement technologies, today announced that the Board of Directors has approved the distribution of the Dream Bowl Draft meme coins to all eligible record holders of Scilex Holding Company (NASDAQ: SCLX) and eligible Datavault AI equity holders with a set record date of Nov. 25, 2025. The ex-dividend date to acquire DVLT and SCLX common shares is Nov. 24, 2025. Datavault AI and Scilex shareholders as of the record date of Nov. 25, 2025 (“Record Date”) will be entitled to receive one meme coin for each common share held. Short sellers of DVLT and SCLX common shares have an opportunity to return their borrowed DVLT and SCLX common shares to the lending shareholders on and before the ex-dividend date of Nov. 24, 2025. Short sellers of DVLT and SCLX common shares who have not covered their short positions on the ex-dividend date will become naked short on dividend meme Coins on the Record Date and will be obligated to deliver these dividend meme Coins to the lending Datavault AI and Scilex shareholders upon actual distribution from Datavault AI in the near future. Datavault AI and Scilex remain firmly committed to shareholder value creation and continuous innovation. In collaboration with Scilex Holding Company, Datavault will commemorate the upcoming Dream Bowl 2026 through a special one-time distribution of the Dream Bowl 2026 Meme Coins to DVLT and Scilex stockholders of record as of Nov. 25, 2025. Each holder will receive an exclusive commemorative digital collectible designed with utility features, including immutable proof of ownership, embedded ticketing details, and exclusive content related to invited athletes, game highlights, and event access. The handcrafted tokens will be airdropped to Data Vault® wallets following final roster confirmations on or after Dec. 8, 2025, with the record date set on Nov. 25, 2025. The Company will provide further instructions regarding wallet setup, token access, and distribution procedures in a subsequent communication prior to the delivery date to ensure that all eligible shareholders can properly claim and view their tokens. About Datavault...