Datavault AI approves meme coin distribution to shareholders

Datavault AI Inc. (NASDAQ: DVLT) announced its board of directors approved the distribution of Dream Bowl Draft meme coins to shareholders of both Datavault AI and Scilex Holding Company (NASDAQ: SCLX) with a record date of November 25, 2025.

Shareholders will receive one meme coin for each common share held as of the record date. The ex-dividend date for acquiring DVLT and SCLX common shares is November 24, 2025.

The distribution will commemorate the Dream Bowl 2026 event. The digital collectibles will include features such as proof of ownership, embedded ticketing details, and exclusive content related to athletes and game highlights. The tokens will be distributed to Data Vault wallets following final roster confirmations on or after December 8, 2025.

Short sellers of DVLT and SCLX common shares have the opportunity to return borrowed shares to lending shareholders by the ex-dividend date. Short sellers who do not cover their positions by the ex-dividend date will be obligated to deliver dividend meme coins to lending shareholders upon actual distribution from Datavault AI.

Datavault AI provides AI-driven data experiences and monetization solutions through its cloud-based platform. The company operates through its Acoustic Science and Data Science divisions, serving industries including sports, entertainment, biotech, education, fintech, and healthcare. The company is headquartered in Philadelphia.

The information is based on a company press release that includes forward-looking statements subject to various risks and uncertainties.

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