---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-093831"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2025-09-26T23:59:59+00:00"
generated_at: "2026-05-17T05:34:24.869091+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Datavault AI to raise $150M in Bitcoin via sale of 15M shares and pre-funded warrant to Scilex Holding

## Summary
- $150M aggregate purchase in Bitcoin; initial closing of 15M shares at $0.5378/share expected Sept 26, 2025.
- Pre-funded warrant for ~263.9M shares at $0.0001/share, exercisable immediately, contingent on stockholder approval for 1.5B authorized shares.
- Purchaser Scilex gets board seats: two directors if owning ≥10% of shares, one if ≥5%.
- Directors, officers locked up until additional closing; company cannot sell Bitcoin received until then.
- Voting agreements from holders of 38M shares to support stockholder approval and charter amendment.

## SEC filing metadata
- accession: 0001104659-25-093831
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2025-09-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682149/000110465925093831/0001104659-25-093831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465925093831/tm2526979d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-093831
- JSON: https://secwatch.observer/filing/0001104659-25-093831.json
- Plain text: https://secwatch.observer/filing/0001104659-25-093831.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.