Brief: Datavault AI Signs $2 Billion Financing Term Sheet With Exclusive Global Tokenization Mandate
01/06/2026 09:37
BRIEF-Datavault AI Signs $2 Billion Financing Term Sheet With Exclusive Global Tokenization Mandate June 1 (Reuters) - Datavault AI Inc DVLT.O:
DATAVAULT AI SIGNS $2.0 BILLION STRUCTURED FINANCING TERM SHEET WITH EXCLUSIVE GLOBAL TOKENIZATION MANDATE
DATAVAULT AI - PROPOSED DEAL VALUES DATAVAULT AI SHARES AT $1.55-$2 PER SHARE
DATAVAULT AI - DEAL TO BE STRUCTURED IN FOUR TRANCHES OF UP TO $500 MILLION EACH
DATAVAULT AI - TO FUND $25 MILLION IN COSTS PER TRANCHE; FIRST PAYMENT DUE JUNE 4, 2026
Source text: ID:nBw3rvJxJa
Further company coverage: DVLT.O
((Reuters.Briefs@thomsonreuters.com;))
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