---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-050299"
form_type: "8-K"
ticker: "DVLT"
cik: "0001682149"
company_name: "Datavault AI Inc."
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:52:58.875569+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Datavault AI signs $120M revenue-sharing deal with Scilex to fund 100-city GPU network

## Summary
- Scilex to provide $120M cash in multiple closings by Dec 31, 2026 for Quantum-Ready Edge Network buildout.
- Revenue participation: 30% of network gross revenues up to $250M, then 15% up to $1.2B, then 5% perpetuity.
- Deployment targets: 25 cities within 12 months, 50 within 24 months, full 100-city coverage within 36 months of closing.
- Combined with BTC/receivable collections, Datavault projects $200M+ cash infusion with no equity dilution.
- Company already holds Nvidia GPUs with current market value of $1.2B to support the network rollout.

## SEC filing metadata
- accession: 0001104659-26-050299
- form_type: 8-K
- ticker: DVLT
- cik: 0001682149
- company_name: Datavault AI Inc.
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682149/000110465926050299/0001104659-26-050299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682149/000110465926050299/tm2612878d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-050299
- JSON: https://secwatch.observer/filing/0001104659-26-050299.json
- Plain text: https://secwatch.observer/filing/0001104659-26-050299.txt

## Source-grounded claims
- claim_id: d9fe43ca371003c42837e8082d6e2379904bf5ce
  claim: Datavault AI Inc. entered into Term Sheet with Scilex Holding Company valued at $120,000,000 (effective 2026-04-26).
  evidence_excerpt: On April 26, 2026, Datavault AI Inc. (the “Company”) and Scilex Holding Company (“Scilex”) entered into a binding term sheet (the “Term Sheet”), which sets forth the principal terms and conditions of a proposed cash contribution and revenue participation arrangement between the Company and Scilex (the “Proposed Transaction”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682149/000110465926050299/0001104659-26-050299-index.htm

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