Datavault AI Inc. Announces Proposed Dividend of Warrants

Core Viewpoint - Datavault AI Inc. plans to declare a special dividend distribution of warrants to holders of its common stock and certain other equity securities, with a record date set for January 7, 2026 [1][2][5] Dividend and Warrants Details - The warrants are expected to have a striking price of $5.00 per share of Datavault AI common stock, subject to adjustments for recapitalizations and similar transactions [5][6] - Eligible participants will receive one warrant for every sixty shares owned, with no fractional warrants distributed [5][6] - The warrants will be exercisable for cash consideration and will expire one year after the distribution date [6] Conditions and Governance - The record date for the dividend may be changed by the Datavault Board prior to the distribution date, and the distribution is contingent upon the Board not revoking the dividend [3][4] - A warrant agreement will be filed with the SEC prior to the distribution date, detailing the terms and conditions of the warrants [2][6] Company Overview - Datavault AI is a leader in AI-driven data experiences and monetization in the Web 3.0 environment, offering solutions across various industries including sports, biotech, and healthcare [9]