other material
confidence high
sentiment neutral
materiality 0.50
Datavault AI distributes warrants to shareholders at 1:60 ratio, exercise price $5.00, expiring Feb 27, 2027
Datavault AI Inc.
- Record holders as of Jan 7, 2026 received 1 warrant per 60 shares; holders with <60 shares received none.
- Each warrant exercisable for one common share at $5.00, expiring one year from distribution date (Feb 27, 2027).
- Exercise requires holding one Dream Bowl Meme Coin II token per warrant in a Datavault digital wallet.
- Up to 9,723,244 warrant shares registered; equity distribution agreement with Maxim Group reduced from $50M to $33.38M.
- Warrants were issued as a dividend with no cash payment; detailed terms in Exhibit 4.1.