Golden Finance reported that Nasdaq-listed company Scilex Holding has completed its second investment in Datavault AI, which will be paid in Bitcoin (based on the Spot price of Bitcoin at the time the strategic investment agreement was signed). It is reported that this investment grants it 263,914,094 shares of common stock in Datavault AI, which amounts to approximately $583.3 million based on a Closing Price of $2.21 on November 25.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Scilex completed its second investment of approximately $580 million in Bitcoin for Datavault AI.
Golden Finance reported that Nasdaq-listed company Scilex Holding has completed its second investment in Datavault AI, which will be paid in Bitcoin (based on the Spot price of Bitcoin at the time the strategic investment agreement was signed). It is reported that this investment grants it 263,914,094 shares of common stock in Datavault AI, which amounts to approximately $583.3 million based on a Closing Price of $2.21 on November 25.