TechFlow News, June 2nd: According to Businesswire, Datavault AI, a Nasdaq-listed digital asset treasury company, announced that it has signed a non-binding financing agreement to complete a structured financing totaling $2 billion in four phases. The counterparty will subscribe to newly issued shares of Datavault AI at a price per share ranging from $1.55 to $2.00, with financing secured by its digital asset exchange and RWA tokenization business. The new capital is expected to fund the expansion of its SanQtum GPU edge computing network, platform development, and repayment of existing debt.
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