DataMEDS AI updates record date for meme coin distribution to stockholders

DataMEDS AI, Inc. (NASDAQ: MEDS) has updated the record date for its distribution of Dream Bowl 2026 Meme Coins to stockholders to August 7, 2026, according to a press release.

The company originally announced in December 2025 that it would distribute one Dream Bowl 2026 Meme Coin per share of common stock held as of a designated record date. On July 20, 2026, DataMEDS set a record date of July 31, 2026, which has now been pushed to August 7, 2026.

Under the updated terms, holders of DataMEDS common stock as of the August 7 record date will receive 50 Dream Bowl 2026 Meme Coins for each share held, revised from the original one-for-one ratio. The distribution date will be determined by a subsequent resolution in coordination with DataVault AI, Inc. (NASDAQ: DVLT).

As of the press release date, DataMEDS has 2,847,198 common shares outstanding. Stockholders holding approximately 1,533,930 shares, representing a majority of outstanding common shares, have entered into lock-up agreements preventing the sale of those shares for at least 90 days. There are currently 919,465 shares deposited in the Depository Trust & Clearing Corporation (DTCC) available for trading. The company has 80,826 cash warrants outstanding with a fixed exercise price of $35.00 per share.

DataMEDS will work with its transfer agent to distribute notices and forms to stockholders to collect digital wallet information needed to receive the meme coins.

You May Also Be Interested In

• ADARx Pharmaceuticals files for proposed IPO
• Bank of America to redeem CAD1.425 billion in Canadian senior notes
• Novartis pelacarsen trial fails to meet primary endpoint