Brief: Datavault Ai Inc Executes Binding Term Sheet For $120 Million Cash Contribution From Scilex
27/04/2026 13:59
April 27 (Reuters) - Datavault AI Inc DVLT.O: DATAVAULT AI INC - EXECUTES BINDING TERM SHEET FOR $120 MILLION CASH CONTRIBUTION FROM SCILEX DATAVAULT AI INC - PROJECTS OVER $200 MILLION CASH INFUSION WITHOUT EQUITY DILUTION DATAVAULT AI INC - SCILEX TO RECEIVE PORTION OF DATAVAULT AI REVENUES FROM 100-CITY GPU NETWORK DATAVAULT AI INC - INITIAL DEPLOYMENT IN NEW YORK AND PHILADELPHIA EXPECTED Q2 2026 Source text: ID:nBwcfj8cja Further company coverage: DVLT.O ((Reuters.Briefs@thomsonreuters.com;))
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