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Scilex Completes $150 million BTC Investment in Datavault, Acquiring Nearly 279 million Common Shares

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2025-09-27 01:20:55
Nasdaq-listed company Scilex Holding announced the completion of the previously disclosed $150 million bitcoin investment in Datavault AI, and the company expects to receive a total of 278,914,094 shares of Datavault common stock at an effective purchase price of $0.5378 per share under the terms of the investment.
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