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Datavault AI Announces Update Regarding Distribution of Dream Bowl 2026 Meme Coin
Globenewswire·2025-11-21 20:56

Core Viewpoint - Datavault AI Inc. is set to distribute Dream Bowl 2026 Meme Coins to eligible equity holders, with a record date of November 25, 2025, and no ex-dividend date expected from Nasdaq [1][2]. Group 1: Distribution Details - The distribution of Dream Bowl 2026 Meme Coins is a voluntary gesture of appreciation towards Scilex Holding Company, which is a stockholder and co-sponsor of the Dream Bowl XIV event [2]. - Eligible record equity holders of Datavault AI must hold shares as of the record date to receive the distribution [1]. - The Dream Bowl 2026 Meme Coins will be airdropped to Data Vault® wallets after the payment date, contingent upon recipients opting in and setting up a digital wallet [3]. Group 2: Board of Directors' Authority - The Board of Directors of Datavault AI retains the right to change the record date and payment date for the distribution at any time prior to the actual payment date [4]. - The payment of the distribution is conditional upon the Board not revoking the distribution prior to the payment date, particularly in the event of a material change to the company's solvency or surplus analysis [4]. Group 3: Company Overview - Datavault AI is a leader in AI-driven data experiences and asset monetization within the Web 3.0 environment, offering a cloud-based platform with solutions across various industries [6]. - The company’s technology suite includes patented technologies in its Acoustic Science Division and leverages high-performance computing in its Data Science Division for secure monetization and data valuation [6]. - Datavault AI's offerings include customizable solutions with AI and Machine Learning automation, third-party integration, and detailed analytics [6].