Scilex Holding, a Nasdaq-listed company, has completed a significant investment in Datavault AI, valued at approximately $583.3 million. The transaction was executed using Bitcoin, based on the spot price at the time of the strategic investment agreement. This investment grants Scilex 263,914,094 common shares of Datavault AI, with the shares closing at $2.21 on November 25.
Scilex Finalizes $583M Bitcoin Investment in Datavault AI
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
