About Scilex Holding Company - Common Stock (SCLX)
Scilex Holding Company is a biopharmaceutical company focused on developing and commercializing innovative pain management therapies. The company leverages advanced science and technology to create novel medical solutions aimed at improving the quality of life for patients suffering from acute and chronic pain conditions. With a commitment to addressing unmet medical needs, Scilex prioritizes the development of safe and effective therapeutic options, contributing to the evolving landscape of pain management in healthcare. Read More
Datavault AI (NASDAQ: DVLT), a pioneer in AI-driven data monetization, announced the full conversion of certain long-term notes with an aggregate original face value of $13.3 million, substantially strengthening its balance sheet. Brett Moyer, Chief Financial Officer, said the conversion marks a strategic milestone that supports the accelerated launch of independent data exchanges (IDEs) and the buildout of supercomputing capabilities in cooperation with IBM. The news follows the company’s Sept. 25 announcement of a $150 million strategic equity investment in Bitcoin from Scilex (Nasdaq: SCLX), a Nasdaq-listed biotech firm in one of Datavault AI’s primary target sectors.
Datavault AI (NASDAQ: DVLT), a leader in AI-driven data visualization, valuation, and monetization, announced the closing of the initial tranche of its previously announced $150 million Bitcoin investment from Scilex Holding Company (NASDAQ: SCLX). Scilex received 15,000,000 shares of Datavault common stock at an effective purchase price of $0.5378 per share, with the balance of the investment to be issued in a second tranche through a pre-funded warrant, subject to Datavault stockholder approval for the issuance of shares exceeding 19.99% of pre-financing shares outstanding.
Datavault AI (NASDAQ: DVLT), a leader in AI-driven data visualization, valuation, and monetization, announced the closing of the initial tranche of its previously announced $150 million Bitcoin investment from Scilex Holding Company (NASDAQ: SCLX). Scilex received 15,000,000 shares of Datavault common stock at an effective purchase price of $0.5378 per share, with the balance of the investment to be issued in a second tranche through a pre-funded warrant, subject to Datavault stockholder approval for the issuance of shares exceeding 19.99% of pre-financing shares outstanding.
Datavault AI (NASDAQ: DVLT), has shaken off its “audio niche” label to become one of the market’s most closely watched disruptors. After months of trading under the radar, shares surged more than 102% this week as investors began recognizing the company’s broader vision: a patent-protected platform for authenticating, securing, and monetizing virtually any digital or physical asset. With Q2 revenue up 467% year-over-year and $2.5 million in licensing revenue booked but not yet recognized, Datavault has already proven it can convert its innovation into measurable growth.
Datavault AI (NASDAQ: DVLT), a leader in AI-driven data visualization, valuation, and monetization, announced a $150 million strategic investment from Scilex Holding Company (NASDAQ: SCLX), to be executed in Bitcoin across two tranches, with $8.1 million closing Sept. 26, 2025, and $141.9 million following stockholder approval, strengthening Datavault AI’s balance sheet and funding growth in supercomputing infrastructure, independent data exchanges, and new revenue-generating platforms.
The proceeds of the agreement will be used to advance the second late-stage clinical trial for the development of SP-102, a viscous gel formulation of a widely used corticosteroid for epidural injections, for the treatment of lumbosacral radicular pain.
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