TLDR
- Datavault AI stock surged 28.43% to $0.8348 after announcing $150 million strategic investment from Scilex Holding Company
- Investment will be paid in Bitcoin through two tranches, with first $8.067 million closing September 26, 2025
- Q2 2025 revenue reached $1.7 million, representing 467% year-over-year growth
- Scilex will receive 278.9 million shares and board nomination rights based on ownership levels
- Funds will accelerate supercomputing infrastructure and data exchange platform development
Datavault AI Inc. experienced a sharp price increase on September 25, 2025, closing up 28.43% at $0.8348. The stock continued climbing in after-hours trading to $1.0100, adding another 20.99%.
The surge follows news of a $150 million strategic investment from Scilex Holding Company. This partnership marks a major funding milestone for the data authentication company.
The investment comes in two parts. The first tranche of $8.067 million closes on September 26, 2025. The remaining $141.933 million requires shareholder approval before closing.
Scilex will execute the entire investment in Bitcoin at spot rates from Coinbase.com. This cryptocurrency structure sets the deal apart from typical stock investments.
Datavault plans to use the capital for supercomputing infrastructure expansion. The company will also develop its data exchange platforms further. These improvements should strengthen the company’s position in AI-driven data services.
Financial Performance Shows Strong Growth
Recent financial results support the investment decision. Datavault reported Q2 2025 revenue of $1.7 million, up 467% from the previous year. The company also booked an additional $2.5 million in licensing revenue not yet recognized.
This revenue growth comes after Datavault’s transformation from WiSA Technologies. The company shifted from audio technology to data authentication and monetization platforms.
Datavault holds 72 issued, allowed, and pending patents. These patents cover technology for authenticating, securing, and monetizing digital assets across multiple industries.
Strategic Partnership Details
Henry Ji, CEO of Scilex Holding Company, highlighted the biotech applications. He said Datavault’s technologies align with sector needs for advanced data analytics and supercomputing power.
Nathaniel Bradley, Datavault’s CEO, emphasized the technology expansion opportunities. He pointed to collaborations with the U.S. Department of Energy’s Brookhaven National Laboratory and IBM WatsonX.
These partnerships should enhance Datavault’s high-performance computing capabilities. The company also plans to leverage Web 3.0 technologies like blockchain-secured data trading.
Scilex will receive 278,914,094 Datavault shares priced at $0.5378 each. The first tranche includes 15 million shares immediately. The second tranche will issue the remainder as pre-funded warrants.
The deal gives Scilex board nomination rights. With 10% or more ownership, Scilex can nominate two directors. Between 5% and 10% ownership allows one director nomination.
Shareholder approval is needed for the second tranche. This requirement stems from Nasdaq rules limiting share issuance beyond 19.99% without approval.
The securities fall under a shelf registration statement filed with the SEC in July 2025. Datavault will seek stockholder approval at its annual meeting to complete the full transaction.
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