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TechFlow, Sept. 27 — According to GlobeNewswire, NASDAQ-listed Scilex Holding announced the completion of its previously disclosed initial investment transaction of $150 million in Bitcoin for Datavault AI.
Under the terms of the investment, 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.
According to GlobeNewswire, NASDAQ-listed Scilex Holding announced the completion of its previously disclosed initial investment transaction of $150 million in Bitcoin for Datavault AI. Under the terms of the investment, the company is expected to receive a total of 278,914,094 shares of Datavault common stock at an effective purchase price of $0.5378 per share.
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