Datavault AI Inc. - 8-K Filing
Datavault AI Inc. entered into a binding term sheet with Scilex Holding Company on June 24, 2026, for the proposed sale of 837 Bitcoin (BTC) held in a Biconomy digital wallet for $50 million. The transaction includes an initial payment of $30 million and quarterly installments totaling $20 million from Q4 2026 through December 31, 2028; payments may be made in cash or Scilex securities at the discretion of Scilex. (Items: 1.01 Entry into a Material Definitive Agreement)
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