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Datavault AI Announces Closing of the Second Tranche of Scilex Holding Company's Previously Announced Equity Financing
Globenewswire· 2025-11-26 11:00
Core Insights - Datavault AI has successfully closed the second tranche of equity financing with Scilex Holding Company, issuing a pre-funded warrant for approximately 263.91 million shares in exchange for about 1,237.6 Bitcoin [1][8] - The strategic investment aims to provide growth capital to enhance Datavault's digital asset reserves, accelerate supercomputing infrastructure, and support platform expansion [2] - Datavault has granted Scilex an exclusive worldwide license for its AI-driven technology tailored for the biotech and biopharma industry, which includes a nonrefundable upfront license fee totaling $10 million and potential sales milestone payments of up to $2.55 billion [3][4] Financial Details - The initial tranche of Scilex's investment was closed on September 26, 2025, valued at approximately $8 million in Bitcoin [1][8] - The second tranche involves a purchase of approximately 1,237.6 Bitcoin, reflecting a significant investment in Datavault's future growth [1][8] - Scilex will pay the upfront license fee in four equal installments of $2.5 million, with the first payment due by December 31, 2025 [4] Leadership Commentary - Scilex CEO Henry Ji expressed confidence in the collaboration, highlighting the alignment of Datavault's technologies with the biotech sector's needs for advanced data analytics and supercomputing power [5] - Datavault AI CEO Nathanial Bradley welcomed Scilex as a major stockholder, emphasizing the shared vision for leveraging digital assets to capture market share in the biotech sector [5] Company Overview - Datavault AI specializes in AI-driven data experiences and asset monetization in the Web 3.0 environment, offering solutions across various industries including biotech, fintech, and healthcare [6][7] - The company's technology suite includes patented technologies for audio transmission and high-performance computing solutions [6][7]
亚博科技公布截至2025年9月30日止六个月中期业绩
Sou Hu Cai Jing· 2025-11-26 03:15
Core Viewpoint - The company reported a significant increase in revenue for the six months ending September 30, 2025, driven by its banking and digital payment services, despite incurring a larger loss compared to the previous period [2][5]. Financial Summary - Revenue for the six-month period was approximately HKD 369 million, a 36.1% increase from approximately HKD 271 million for the same period in 2024 [2]. - The company incurred a loss of approximately HKD 25.6 million, an increase of about HKD 24 million compared to a loss of approximately HKD 1.6 million in the previous period [2]. - The loss was primarily attributed to the company's banking operations, which recorded a loss of approximately HKD 24.4 million [2]. Business Review Banking Operations - The banking segment, operated by Ant Bank (Macau), saw revenue increase by approximately HKD 83.3 million to about HKD 90.1 million, largely due to the full consolidation of Ant Bank's financials for the entire six-month period [2][5]. - Interest income from loans and financial products contributed approximately HKD 70.8 million, up from HKD 5.4 million in the previous period [2]. - The total number of bank customers increased by approximately 97%, with deposits growing by about 290% and credit volume increasing by 101% [5]. Digital Payment and Related Services - Revenue from digital payment services rose by approximately HKD 10.1 million to about HKD 148 million, driven by increased local consumption and marketing activities [2]. - The company launched various promotional initiatives, including themed payment cards and enhanced services for mainland tourists [6][7]. Lottery Business - Revenue from the lottery segment increased by approximately HKD 4.6 million to about HKD 131 million, attributed to the resumption of instant lottery ticket supplies by Chinese regulatory authorities [2][9]. Business Outlook - The company aims to establish itself as a leading global fintech group, focusing on integrating banking, digital payments, and local consumer services into a comprehensive digital ecosystem [10][13]. - The company plans to deepen its strategic partnerships with Alibaba Group and Ant Group to enhance digital business applications and service experiences [13][14].
Datavault AI Licenses Patents Covering Digital Ledger-Enabled Smart Contracts for Commercial Prescription Drug Distribution Industry to Wellgistics Health
Globenewswire· 2025-11-25 21:07
Core Insights - Wellgistics is positioned to lead in the Web 3.0 Health Information Data Transfer within the $634 billion prescription drug industry through an exclusive licensing agreement with Datavault AI [1][2][6] - The implementation of Wellgistics' EinsteinRx AI hub is expected to optimize automated prescription fulfillment for various stakeholders including manufacturers, pharmacies, and patients [1][4][6] - Datavault's intellectual property enables smart contracts that create a barrier to entry in the $4.9 trillion US healthcare market [1][2] Company Overview - Wellgistics Health, based in Tampa, Florida, specializes in optimizing medication delivery from manufacturers to patients, connecting over 6,500 pharmacies and 200 manufacturers [3][9] - The PharmacyChain initiative aims to digitize the tracking of prescription drugs, ensuring accurate delivery and recommendations for safe use [3][5] Technology and Innovation - The completion of the EinsteinRx AI hub integrates Wellgistics' IT and physical infrastructure, enhancing the efficiency of prescription fulfillment and reducing costs associated with pharmacy benefits managers (PBMs) [4][5][6] - Wellgistics aims to minimize or eliminate PBM rebates, thereby reducing administrative burdens for payers and improving the overall pharmaceutical distribution process [6][7] Market Potential - PwC estimates a $1 trillion opportunity to shift healthcare spending towards a digital-first, proactive, and personalized system [2] - The integration of smart contracts into Wellgistics' operations is expected to significantly improve cost efficiency in the prescription filling process, benefiting various stakeholders in the healthcare ecosystem [6][7]
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].
HWAL Announces Plans to Premiere Lunar Records in Partnership with Lunarprise Multiverse
Accessnewswire· 2025-11-21 14:27
NEW YORK, NY / ACCESS Newswire / November 21, 2025 / HWAL Inc., formerly Hollywall Entertainment, Inc. (OTC:HWAL), announces that Lunar Records, a joint venture of Space Blue and HWAL subsidiary Melody Trust, will launch numerous music events and activities in partnership with Lunaprise Multiverse on November 22, 2025. www.lunarprisemulitverse.com The Lunaprise Multiverse, together with Lunar Records, SpaceBlue, Being Investments, Lunarbits and Future Trends Group, will host Virtual world experiences to inc ...
Datavault AI to Announce Third Quarter 2025 Financial Highlights and Corporate Update on Monday, Nov. 17, 2025
Globenewswire· 2025-11-14 12:55
Core Insights - Datavault AI Inc. will report its financial highlights for Q3 2025 on November 17, 2025, before U.S. markets open [1] - The CEO and CFO will host a conference call and webcast to discuss quarterly results and provide a business update [2] Company Overview - Datavault AI is a leader in AI-driven data experiences, focusing on data monetization and credentialing in the Web 3.0 environment [3] - The company offers a cloud-based platform with solutions across various industries, including sports, entertainment, biotech, education, fintech, real estate, healthcare, and energy [3] - Datavault AI's technology suite includes patented technologies in its Acoustic Science Division and leverages high-performance computing in its Data Science Division [3] Upcoming Events - The investor conference call is scheduled for November 17, 2025, at 8:30 a.m. ET, with dial-in options for U.S. and international participants [5]
凭证与目标交汇:Datavault AI 以“英勇守护币”致敬退伍军人,并在华盛顿特区展示 VerifyU™ 平台
Globenewswire· 2025-11-13 09:48
Core Insights - Datavault AI Inc. showcased its Valor Preservation Coin and VerifyU™ credential verification platform during Veterans Week events in Washington D.C., enhancing its national visibility and emphasizing its role in building trustworthy systems for identity verification [1][3][5] Group 1: Valor Preservation Coin and VerifyU™ Platform - The Valor Preservation Coin is a key component of the VerifyU™ credential verification platform, aimed at supporting the proposed H.R. 327 – Valor Earned Not Stolen Act of 2025, which seeks to digitize DD214 discharge documents to prevent fraudulent service claims [2] - Datavault's coin serves as a tokenized credential, allowing veterans to verify their service history through an immutable digital ledger, thus preventing unauthorized claims or false statements [2] - The company is actively pursuing exclusive government contract opportunities in credentialing, digital identity, and data verification, transforming its social mission into a sustainable business model [2] Group 2: Technology Demonstrations and Events - Datavault AI demonstrated its complete technology suite, including the VerifyU™ credentialing system and ADIO® acoustic data transmission platform, during a private technology showcase for government officials and veteran organizations [3] - The company participated in the third annual Veterans Day parade and Grand Marshal dinner, reinforcing its commitment to promoting authenticity and honoring national service through technological advancements [4][5] - The CEO highlighted the significance of participating in these historic national events, emphasizing the mission to connect culture, government, and business through enhanced trust and transparency [5] Group 3: Company Overview and Innovations - Datavault AI is leading the development of AI-driven data experiences and monetization in the Web 3.0 environment, offering comprehensive solutions across various industries, including sports, entertainment, biotech, and fintech [5] - The company’s technology suite includes patented innovations in acoustic science and data science, enabling secure binding of physical objects to immutable metadata, thus promoting responsible AI applications [5]
Datavault AI Inc.(NASDAQ:DVLT)宣布董事会批准向所有符合资格的 Scilex Holding Company 及 Datavault AI 股东派发 Dream Bowl Draft 迷因币,记录日期定为 2025 年 11 月 25 日
Globenewswire· 2025-11-12 15:32
Core Points - Datavault AI Inc. has announced a special distribution of Dream Bowl Draft meme coins to eligible shareholders of Scilex Holding Company and Datavault AI, with a record date set for November 25, 2025 [1][3] - Each shareholder will receive one exclusive commemorative digital collectible for every share held, which includes features such as proof of ownership and embedded ticket information [3] - The ex-dividend date for DVLT and SCLX common stock is November 24, 2025, and short sellers must return borrowed shares by this date to avoid a "naked short" status [2] Company Overview - Datavault AI leads the development of AI-driven data experiences, asset valuation, and monetization in the Web 3.0 environment, integrating acoustic science and data science into a comprehensive cloud platform [4] - The company offers solutions across various industries, including sports entertainment, biotech, education, fintech, real estate, healthcare, and energy, utilizing patented technologies for high-performance computing [4] - Datavault AI's technology suite supports customizable features, including AI and machine learning automation, third-party integration, and marketing automation services [4]
Nano Labs Announces Early Repayment of Convertible Bonds to Enhance Risk Management and Protect Investor Rights
Globenewswire· 2025-11-12 11:00
Core Viewpoint - Nano Labs Ltd has announced the prepayment of all outstanding convertible bonds to mitigate risks associated with Bitcoin management and market volatility, reinforcing its operational resilience in a complex market environment [1][2][4]. Group 1: Prepayment Decision - The decision to prepay convertible bonds is driven by heightened global economic uncertainty and fluctuations in digital asset prices, aiming to safeguard corporate assets and secure investor interests [2]. - The prepayment will involve returning 300 BTC to each bondholder, along with an additional 4.5 BTC as compensation, with all payments scheduled to be completed within 90 days [3]. Group 2: Company Strategy and Commitment - The Chairman and CEO of Nano Labs emphasized the importance of reinforcing the risk-management framework to protect investor interests amid market volatility [4]. - The company remains committed to maintaining a strong balance sheet and prudent risk controls while pursuing long-term growth and innovation in the Web 3.0 and computing-power sectors [4]. Group 3: Company Overview - Nano Labs Ltd is a leading provider of Web 3.0 infrastructure and product solutions, focusing on the development of high throughput computing (HTC) and high-performance computing (HPC) chips [5]. - The company has established a comprehensive flow processing unit (FPU) architecture and actively positions itself in the crypto assets space, adopting BNB as its primary reserve asset [5].
Datavault AI Inc. (NASDAQ: DVLT) Announces Its Board of Directors Approved the Distribution of Dream Bowl Draft Meme Coins to All Eligible Scilex Holding Company and Datavault AI Shareholders with a Set Record Date of Nov. 25, 2025
Globenewswire· 2025-11-11 13:30
Core Insights - Datavault AI Inc. has announced the distribution of Dream Bowl Draft meme coins to eligible shareholders of Scilex Holding Company and Datavault AI, with a record date set for November 25, 2025 [1][2][3] Company Overview - Datavault AI is a leader in data monetization, credentialing, and digital engagement technologies, focusing on AI-driven data experiences and asset valuation in the Web 3.0 environment [4] - The company offers a cloud-based platform with solutions across various industries, including sports, entertainment, biotech, education, and healthcare [4] Upcoming Events - The Dream Bowl 2026 event will feature a special distribution of commemorative meme coins to shareholders, which will include utility features such as proof of ownership and access to exclusive content [3] - Airdrop of the tokens to Data Vault wallets is expected to occur after final roster confirmations on or after December 8, 2025 [3] Shareholder Engagement - Shareholders of Datavault AI and Scilex will receive one meme coin for each common share held as of the record date, promoting shareholder value creation and engagement [2][3] - Short sellers of DVLT and SCLX common shares must cover their positions by the ex-dividend date to avoid becoming naked short on the meme coins [2]