Datavault AI Delays Warrant Distribution to Feb. 23 with $5 Exercise Price
Datavault AI’s board has moved the dividend distribution date for warrants to purchase common stock to February 23, 2026, while keeping the January 7, 2026 record date unchanged. Eligible holders will receive one warrant per 60 shares with a $5.00 exercise price, conditional on holding Dream Bowl Meme Coin II tokens, expiring one year post-distribution.
1. Distribution Date Change
Datavault AI’s board rescheduled the warrant dividend distribution from February 21 to February 23, 2026. The record date remains January 7, 2026, and the board can further adjust these dates if required before the distribution is completed.
2. Warrant Dividend Details
Each eligible record holder will receive one warrant to purchase one share of common stock for every 60 shares held as of the record date. The warrants carry an initial exercise price of $5.00 per share and automatically issue without payment.
3. Exercise Conditions
Warrant exercise is cash-only and requires each holder to possess one Dream Bowl Meme Coin II token per warrant being exercised. Tokens must be held in a digital wallet linked to the holder’s Datavault account and verified within five trading days of exercise notification.
4. Transfer Restrictions and Expiration
Warrants are non-transferable except by gift to immediate family, descent, or qualified domestic relations orders. They expire at 5:00 p.m. New York City time on the one-year anniversary of the February 23, 2026 distribution date.