Datavault AI Inc. (NASDAQ:DVLT) Announces a Distribution Date of February 21, 2026 for Warrants to Purchase Common Stock to Eligible Record Equityholders of Datavault AI

Rhea-AI Summary

Datavault AI (NASDAQ:DVLT) set February 21, 2026 as the distribution date for a previously announced dividend of warrants to eligible record equity holders, with a record date of January 7, 2026. The distribution is on a basis of 1 Warrant per 60 shares (or underlying shares), each Warrant exercisable for 1 share at an exercise price of $5.00 subject to adjustment and expiring one year after the distribution date. Exercise is expected to require holding 1 Dream Bowl Meme Coin II token per Warrant in a Datavault AI‑verified digital wallet. The Board may change the record/distribution date or revoke the dividend prior to distribution.

Positive

• Distribution provides shareholders with free warrants on Feb 21, 2026
• Each Warrant converts to 1 share at a fixed $5.00 exercise price
• Warrants expire one year after the distribution date, creating near‑term optionality

Negative

• Potential dilution if Warrants are exercised into common stock
• Exercise conditioned on holding Dream Bowl Meme Coin II tokens, adding complexity
• Distribution or record date may be changed or dividend revoked by the Board

News Market Reaction

-16.12%

30 alerts

-16.12% News Effect

-24.6% Trough in 35 hr 50 min

-$154M Valuation Impact

$803M Market Cap

0.8x Rel. Volume

On the day this news was published, DVLT declined 16.12%, reflecting a significant negative market reaction. Argus tracked a trough of -24.6% from its starting point during tracking. Our momentum scanner triggered 30 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $154M from the company's valuation, bringing the market cap to $803M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Warrant distribution date: February 21, 2026 Record date: January 7, 2026 Warrant ratio: 1 Warrant per 60 shares +5 more

8 metrics

Warrant distribution date February 21, 2026 Planned distribution date for DVLT warrant dividend

Record date January 7, 2026 Record date for eligibility to receive DVLT Warrants

Warrant ratio 1 Warrant per 60 shares Distribution basis to eligible record equity holders

Exercise price $5.00 per share Exercise price for each DVLT Warrant, subject to adjustments

Warrant term 1 year Expiration is one-year anniversary of distribution date

Token requirement 1 Dream Bowl Meme Coin II per Warrant Token holding condition in Datavault AI wallet for exercise

Form S-3 file number 333-288538 Shelf registration statement referenced for underlying shares

Base prospectus date July 9, 2025 Date of base prospectus to be supplemented for Warrant shares

Market Reality Check

Price: $0.8158 Vol: Volume 92,636,807 is roug...

normal vol

$0.8158 Last Close

Volume Volume 92,636,807 is roughly in line with the 20-day average 92,073,599 (relative volume 1.01). normal

Technical Shares at $1.155 are trading above the 200-day MA $1.04 and well below the 52-week high $4.10.

Peers on Argus

DVLT was down 2.78% while close peers were mixed: VRAR up 10%, AUID down 4.55%, ...

1 Up

DVLT was down 2.78% while close peers were mixed: VRAR up 10%, AUID down 4.55%, others modestly negative. With only one momentum peer (CISO up 4.51%) and no consistent direction, trading appeared stock-specific rather than a sector-wide move.

Historical Context

5 past events · Latest: Jan 05 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 05	Token dividend update	Positive	+42.6%	Announced distribution ratio for Dream Bowl Meme Coin II dividend.
Jan 05	AI deployment plan	Positive	+42.6%	Planned private edge cloud deployment across 100 U.S. cities in 2026.
Jan 02	Tokenized sports event	Positive	+54.9%	World’s first tokenized autograph session tied to Dream Bowl event.
Jan 02	Legal team expansion	Positive	+54.9%	Added Kasowitz LLP to strengthen IP and litigation capabilities.
Dec 30	CES showcase plans	Positive	-20.0%	Announced CES 2026 exhibit and acoustics/IP highlights; shares fell.

Pattern Detected

Recent DVLT news, especially AI and digital-token initiatives, often coincided with strong positive moves, with one notable negative reaction to the CES 2026 update.

Recent Company History

Over the last weeks, Datavault AI issued several AI- and tokenization-focused announcements. On Dec 30, 2025, a CES 2026 and acoustics update saw shares fall 19.96%. In contrast, AI partnership, legal-strategy, Dream Bowl event, and Dream Bowl Meme Coin II dividend news between Jan 2–5, 2026 were followed by strong gains between 42.57% and 54.88%. Today’s warrant-dividend terms extend that pattern of complex equity and digital-asset distributions to record holders.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-10-17

Datavault AI has an active Form S-3 shelf filed on Oct 17, 2025, registering up to 5,000,000 shares of common stock for resale by existing holders. The company does not receive proceeds from these sales but bears registration costs. The shelf, paired with today’s plan to register warrant-underlying shares via a prospectus supplement, underscores ongoing use of registered equity to support financing and liquidity.

Market Pulse Summary

The stock dropped -16.1% in the session following this news. A negative reaction despite a structure...

Analysis

The stock dropped -16.1% in the session following this news. A negative reaction despite a structured warrant dividend fits a pattern where not all news has been rewarded, as seen with the 19.96% decline after the CES 2026 update. The announcement adds new derivative securities at a $5.00 strike and connects exercise to Dream Bowl Meme Coin II token holdings. Combined with existing registered resale capacity, investors may have focused on capital structure complexity and potential overhang rather than the headline benefit.

Key Terms

warrants, exercise price, warrant agreement, shelf registration statement, +3 more

7 terms

warrants financial

"previously announced dividend of warrants (the "Warrants") to purchase shares"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

exercise price financial

"entitle the holder thereof to purchase ... at an exercise price of $5.00 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

warrant agreement financial

"conditions that will be specified in the Warrant Agreement governing the Warrants"

A warrant agreement is the legal document that lays out the rules for stock warrants — special certificates that let their holder buy company shares at a set price within a certain time. It explains how and when warrants can be exercised, transferred, changed, or canceled, and what happens to them if the company raises money or is sold; investors care because these terms affect potential future ownership, dilution of shares, and the real value of the warrants.

shelf registration statement regulatory

"accompanying its shelf registration statement on Form S-3"

A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.

form s-3 regulatory

"shelf registration statement on Form S-3 (File No. 333-288538)"

Form S-3 is a legal document companies use to register their stock sales with the government, making it easier and faster for them to raise money by selling shares to investors. It’s like having a pre-approved shopping list that lets a company quickly sell new shares when they need funds, without going through a lengthy approval process each time.

prospectus supplement regulatory

"intends to file a prospectus supplement to the base prospectus"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

section 2(a)(3) regulatory

"under Section 2(a)(3) of the Securities Act"

A provision in U.S. securities law that defines what counts as a "prospectus" — essentially any written or broadcast communication that offers a security for sale. It matters to investors because materials labeled or treated as a prospectus must meet strict disclosure and accuracy standards, similar to how a food label must list ingredients; misstatements can create legal liability and affect an investor’s right to remedies and the timing and content of offering documents.

AI-generated analysis. Not financial advice.

PHILADELPHIA, PENNSYLVANIA / ACCESS Newswire / January 7, 2026 / Datavault AI Inc. (NASDAQ:DVLT) ("Datavault AI" or the "Company"), a leader in data monetization, credentialing, and digital engagement technologies, today announced that its board of directors (the "Datavault Board") has set February 21, 2026 (or such other date as determined by the Datavault Board) as the distribution date for the previously announced dividend of warrants (the "Warrants") to purchase shares of Datavault AI common stock, par value $0.0001 per share (the "Common Stock") to eligible record equity holders of Common Stock and other equity securities of Datavault AI. The previously announced record date for the distribution of the Warrants was January 7, 2026. The distribution of the Warrants will be made to eligible record equity holders of Datavault AI on the basis of one (1) Warrant to purchase one (1) share of Common Stock for every sixty (60) shares of Common Stock held (or shares of Common Stock underlying other Datavault AI equity securities held, subject to the contractual terms of such securities) by such holders as of the record date.

Each Warrant is expected to entitle the holder thereof to purchase, subject to certain conditions that will be specified in the Warrant Agreement governing the Warrants, one (1) share of Common Stock at an exercise price of $5.00 per share (in each case, subject to adjustment for recapitalizations, stock splits, stock dividends and similar types of transactions), at any time and from time to time following the distribution date until expiration of the Warrants, which expiration shall be the date that is the one (1) year anniversary of the distribution date. The exercise of the Warrants is expected to be conditioned upon the requirement that the applicable holder holds at least one (1) Dream Bowl Meme Coin II token per Warrant (which token must be held in a digital wallet with Datavault AI) as of the date of exercise of each such Warrant (which condition will be subject to verification by the Company). This condition and/or any other conditions to the exercise of the Warrants will be set forth in the Warrant Agreement, which Datavault AI expects to file with the Securities and Exchange Commission (the "SEC") on or prior to the distribution date. Datavault AI has made separate announcements and filings with the SEC regarding the Dream Bowl Meme Coin II tokens and investors are encouraged to read such announcements and filings for more information regarding such tokens.

The record date and/or the distribution date for the dividend may be changed by the Datavault Board for any reason at any time prior to the actual distribution date, and completion of the distribution of the Warrants is conditioned upon the Datavault Board having not revoked the dividend prior to the distribution date, including for a material change to the solvency or surplus analysis presented to the Datavault Board.

Datavault AI will make a separate announcement regarding the terms and conditions of the Warrants in a subsequent communication prior to the distribution date.

No Offer or Solicitation

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The issuance of the Warrants has not been registered under the Securities Act of 1933, as amended (the "Securities Act"), as the distribution of a warrant for no consideration does not constitute a sale or disposition of a security or interest in a security for value under Section 2(a)(3) of the Securities Act. Datavault AI intends to file a prospectus supplement to the base prospectus, dated as of July 9, 2025 (such prospectus supplement, together with the base prospectus, the "Prospectus"), accompanying its shelf registration statement on Form S-3 (File No. 333-288538) filed with the SEC on July 7, 2025, and declared effective on July 9, 2025, registering the sale of the shares of Common Stock underlying the Warrants with the SEC, which Prospectus will be available on the SEC's website located at http://www.sec.gov. Eligible record equity holders of Datavault AI should read the Prospectus carefully when it is filed with the SEC, including the Risk Factors included and incorporated by reference therein.

About Datavault AI

Datavault AI™ (Nasdaq:DVLT) leads AI-driven data experiences, valuation, and monetization in the Web 3.0 environment. The Company's cloud-based platform delivers comprehensive solutions through its collaborative Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division includes WiSA®, ADIO®, and Sumerian® patented technologies for spatial and multichannel wireless HD sound. The Data Science Division harnesses Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization across industries including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy. The Information Data Exchange® (IDE) enables Digital Twins and secure NIL licensing, fostering responsible AI with integrity. Datavault AI's customizable technology suite offers AI/ML automation, third-party integration, analytics, marketing automation, and advertising monitoring. Headquartered in Philadelphia, PA. Learn more at www.dvlt.ai.

Forward-Looking Statements

This press release contains "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws) about Datavault AI Inc. ("Datavault AI," the "Company," "us," "our," or "we") and our industry that involve risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words, such as "may," "might," "will," "shall," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "goal," "objective," "seeks," "likely" or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. The absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements, including, but not limited to, statements regarding our declaration and/or payment of dividends, our expectations regarding the terms and/or timing of the Warrant dividend (including that the Datavault Board may change the record date and/or the distribution date and may revoke the dividend entirely), the expiration date of the Warrants and any conditions to the exercise of the Warrants, our intention to file a prospectus supplement registering the sale of the shares of Common Stock underlying the Warrants with the SEC, and whether we will proceed with the Warrant dividend, are necessarily based upon estimates and assumptions that, while considered reasonable by Datavault AI and its management, are inherently uncertain. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Readers are cautioned not to place undue reliance on these and other forward-looking statements contained herein. There can be no assurance that future dividends will be declared, and the payment of any dividend is expressly conditioned on the Datavault Board not revoking any or all dividends before their respective distribution dates. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: risks related to legal proceedings that may be instituted against Datavault AI regarding the dividend, the Warrants and/or the Dream Bowl Meme Coin II tokens; risks associated with the right of the Datavault Board to change the record date and/or the distribution date, and/or to revoke the Warrant dividend prior to the distribution date; the availability from time to time of the Prospectus and/or an effective registration statement covering the sale of the shares of Common Stock underlying the Warrants; changes in economic, market or regulatory conditions; risks relating to evolving regulatory frameworks applicable to tokenized assets; and other risks and uncertainties as more fully described in Datavault AI's filings with the U.S. Securities and Exchange Commission (the "SEC") including its Annual Report on Form 10-K for the year ended December 31, 2024 and other filings that Datavault AI makes from time to time with the SEC, which are available on the SEC's website at www.sec.gov, and could cause actual results to vary from expectations.

The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Datavault AI undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as required by law. Datavault AI may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on such forward-looking statements. Datavault AI's forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments it may make.

Investor Contact:

800.491.9665
ir@dvlt.ai

Media Inquiries:

info@dvlt.ai

SOURCE: Datavault AI Inc

View the original press release on ACCESS Newswire

FAQ

When will Datavault AI (DVLT) distribute the warrants to shareholders?

The distribution date is set for February 21, 2026, subject to Board change.

What is the Datavault AI (DVLT) warrant ratio and record date?

Eligible holders receive 1 Warrant per 60 shares; the record date was January 7, 2026.

What are the exercise terms for Datavault AI (DVLT) warrants?

Each Warrant is exercisable for 1 share at an exercise price of $5.00 and expires one year after distribution.

Is there any condition to exercise Datavault AI (DVLT) warrants?

Exercise is expected to require holding 1 Dream Bowl Meme Coin II token per Warrant in a digital wallet verified by the company.

Will Datavault AI (DVLT) register the shares underlying the warrants?

The company intends to file a prospectus supplement registering the shares underlying the Warrants with the SEC before distribution.