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Scilex completes a $150 million BTC investment transaction in Datavault AI, acquiring nearly 279 million shares of common stock

Sep 27, 2025 22:46:53

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ChainCatcher news, Nasdaq-listed company Scilex Holding announced that the previously disclosed first investment transaction of $150 million in Bitcoin for Datavault AI has been completed. According to the investment terms, the company is expected to receive a total of 278,914,094 shares of Datavault common stock, with an effective purchase price of $0.5378 per share.

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