Citing PANews, Scilex Holding Company has completed its second investment in Datavault AI (Nasdaq: DVLT), using Bitcoin to purchase pre-funded warrants. After exercising the warrants, Scilex acquired 263,914,094 DVLT common shares, valued at approximately $58.3 million based on the November 25 closing price of $2.21 per share. The exercise was approved at a November 24 shareholders' meeting. Scilex and Datavault AI aim to advance RWA tokenization collaboration, with plans to scale implementation by 2026.
Scilex Completes Second Investment in Datavault AI with Bitcoin, Acquires $58.3M Worth of Shares
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