Datavault AI Inc. (NASDAQ: DVLT) Announces Board Approval for Distribution of Dream Bowl Draft Meme Coins to Eligible Shareholders of Scilex Holding Company and Datavault AI, with Record Date Set for November 25, 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 12 2025
0mins
Should l Buy SCLX?
Source: Globenewswire
Announcement of Dream Bowl Draft Meme Coin: Datavault AI Inc. has approved the distribution of Dream Bowl Draft meme coins to eligible shareholders of Scilex Holding Company and Datavault AI, with a record date set for November 25, 2025.
Details on Shareholder Benefits: Each shareholder will receive one exclusive digital collectible that includes proof of ownership and access to event-related content, with the tokens expected to be airdropped to shareholders' Data Vault wallets after December 8, 2025.
Ex-Dividend Date and Short Selling Implications: The ex-dividend date for DVLT and SCLX common stock is November 24, 2025, and short sellers must return borrowed shares by this date to avoid being in a "naked short" position.
Company Overview and Future Outlook: Datavault AI focuses on AI-driven data experiences and monetization, with a commitment to shareholder value and innovation, while also highlighting various risks and uncertainties related to future projections and market conditions.
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About SCLX
Scilex Holding Company is focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain. The Company’s commercial products include ZTlidoO (lidocaine topical system) 1.8% for the relief of neuropathic pain associated with postherpetic neuralgia (PHN); ELYXYB, a ready-to-use oral solution for the acute treatment of migraine, with or without aura, in adults; and GLOPERBA, the liquid oral version of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults. In addition, it focuses on product candidates, including SP-102 (10 mg, dexamethasone sodium phosphate viscous gel) (SEMDEXAO), an epidural injections formulation to treat lumbosacral radicular pain, or sciatica; SP-103 (lidocaine topical system) 5.4%, a ZTlido formulation, for the treatment of acute pain; and SP-104 (4.5 mg, low-dose naltrexone hydrochloride delayed-release capsules) (SP-104) for fibromyalgia treatment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Synergistic Effects: Scilex believes this investment complements its substantial investment in Datavault AI, further solidifying its strategic positioning in the non-opioid pain management sector and driving overall business growth.
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- Long-term Strategy: A spokesperson for Scilex stated that protecting and enforcing the intellectual property portfolio is central to the company's long-term strategy and shareholder value, and the appointment of Kasowitz will strengthen its legal capabilities to advance product commercialization and late-stage pipeline development.
See More
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- Recognition of Partnership: The distribution also includes rewards for shareholders of Scilex Holding Company, demonstrating Datavault AI's appreciation for its significant stockholder and partner, which helps to solidify their business relationship.
- Digital Wallet Requirement: All eligible shareholders must open a digital wallet with Datavault AI and execute an Opt-In Agreement to receive the Meme Coin, a requirement that will drive user engagement with the company's digital platform.
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See More
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- Partner Appreciation: The distribution also includes shareholders of Scilex Holding Company as a token of gratitude for their significant stake and partnership, further solidifying the business relationship between the two companies.
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- Trading Platform Launch: The Meme Coin will be tradeable on Datavault AI's Information Data Exchange starting January 11, 2026, marking a significant expansion into the digital asset marketplace and enhancing liquidity for holders.
See More
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- Partner Recognition: The distribution also includes shareholders of Scilex Holding Company, indicating Datavault AI's appreciation for its significant stockholder and partnership, further solidifying their business relationship.
- Digital Wallet Requirement: All eligible shareholders must open a digital wallet with Datavault AI and execute an Opt-In Agreement to receive the Meme Coin, which will drive the company's digital transformation and user engagement.
- Trading Platform Launch: The Meme Coin will be tradeable on Datavault AI's Information Data Exchange, expected to commence on January 11, 2026, marking the company's further expansion into the digital asset market.
See More
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- Strategic Investment: Scilex Holding Company announced a $20 million strategic investment in Quantum Scan Holdings, Inc., aimed at supporting the development of innovative medical technologies in preventive diagnosis and prognosis, which is expected to enhance the company's competitiveness in this trillion-dollar market.
- Support for Technological Innovation: This investment will enable Quantum Scan to develop advanced diagnostic platforms and scalable healthcare solutions, improving accessibility and efficiency in healthcare delivery, thereby addressing the growing market demand and enhancing patient care experiences.
- Synergistic Effects: Scilex believes this investment complements its substantial investment in Datavault AI, further solidifying its strategic positioning in the non-opioid pain management sector and driving overall business growth.
- Leadership Confidence: Quantum Scan CEO Mustaq Patel stated that Scilex's investment will accelerate their innovation in medical technologies, reflecting confidence in their team and vision, indicating potential for long-term value creation within the healthcare ecosystem.
See More
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- Legal Counsel Appointment: Scilex has appointed Kasowitz LLP and its founding partner Marc Kasowitz as the company's litigation and intellectual property counsel, aimed at strengthening its legal capabilities in complex commercial and patent litigation to better protect its proprietary pharmaceutical assets and development pipeline.
- Intellectual Property Strategy: Kasowitz LLP will advise Scilex on intellectual property enforcement and defense, licensing matters, and strategic governance, which will assist the company in maintaining its market position during the commercialization of non-opioid pain management products.
- Industry Expertise: Marc Kasowitz is a highly experienced U.S. trial lawyer with decades of experience in complex commercial litigation, including representation in intellectual property disputes involving innovative technologies and life sciences, providing robust legal support for Scilex.
- Long-term Strategic Value: A spokesperson for Scilex stated that protecting and enforcing the intellectual property portfolio is central to the company's long-term strategy and shareholder value, and the appointment of Kasowitz will further enhance its legal capabilities in commercializing products and advancing its late-stage pipeline.
See More
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- Legal Counsel Appointment: Scilex has appointed Kasowitz LLP and its founding partner Marc Kasowitz as the company's litigation and intellectual property counsel, aiming to enhance its legal capabilities in complex commercial and patent litigation, thereby better protecting its proprietary pharmaceutical assets and development pipeline.
- Intellectual Property Strategy: Kasowitz LLP will advise Scilex on intellectual property enforcement and defense, licensing matters, and strategic governance, ensuring the company effectively safeguards its intellectual property during the commercialization of non-opioid pain management products.
- Industry Expertise: Marc Kasowitz is a highly experienced U.S. trial lawyer with decades of experience in complex commercial litigation, having handled high-stakes intellectual property disputes in federal and state courts, which will provide Scilex with robust legal support to stand out in a competitive market.
- Long-term Strategy: A spokesperson for Scilex stated that protecting and enforcing the intellectual property portfolio is central to the company's long-term strategy and shareholder value, and the appointment of Kasowitz will strengthen its legal capabilities to advance product commercialization and late-stage pipeline development.
See More
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- Distribution Date Set: Datavault AI has announced December 24, 2025, as the distribution date for the Dream Bowl 2026 Meme Coin to all eligible shareholders, reflecting the company's commitment to shareholder value while enhancing its influence in the digital asset space.
- Recognition of Partnership: The distribution also includes rewards for shareholders of Scilex Holding Company, demonstrating Datavault AI's appreciation for its significant stockholder and partner, which helps to solidify their business relationship.
- Digital Wallet Requirement: All eligible shareholders must open a digital wallet with Datavault AI and execute an Opt-In Agreement to receive the Meme Coin, a requirement that will drive user engagement with the company's digital platform.
- Trading Platform Launch: The Meme Coin will be tradeable on Datavault AI's Information Data Exchange, expected to commence on January 11, 2026, further expanding the company's digital asset trading capabilities and enhancing market activity.
See More
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- Distribution Date Set: Datavault AI announced that it will distribute the Dream Bowl 2026 Meme Coin to all eligible shareholders on December 24, 2025, highlighting the company's commitment to shareholder value and strengthening shareholder relations.
- Partner Appreciation: The distribution also includes shareholders of Scilex Holding Company as a token of gratitude for their significant stake and partnership, further solidifying the business relationship between the two companies.
- Digital Wallet Requirement: Eligible shareholders must open a digital wallet with Datavault AI and execute an Opt-In Agreement to receive the Meme Coin, which will drive user engagement with digital assets and enhance the company's digital ecosystem.
- Trading Platform Launch: The Meme Coin will be tradeable on Datavault AI's Information Data Exchange starting January 11, 2026, marking a significant expansion into the digital asset marketplace and enhancing liquidity for holders.
See More
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- Distribution Date Set: Datavault AI has announced December 24, 2025, as the distribution date for the Dream Bowl 2026 Meme Coin to all eligible shareholders, aiming to enhance shareholder relations and elevate brand value.
- Partner Recognition: The distribution also includes shareholders of Scilex Holding Company, indicating Datavault AI's appreciation for its significant stockholder and partnership, further solidifying their business relationship.
- Digital Wallet Requirement: All eligible shareholders must open a digital wallet with Datavault AI and execute an Opt-In Agreement to receive the Meme Coin, which will drive the company's digital transformation and user engagement.
- Trading Platform Launch: The Meme Coin will be tradeable on Datavault AI's Information Data Exchange, expected to commence on January 11, 2026, marking the company's further expansion into the digital asset market.
See More
