DataMeds AI Expands License with DataVault AI for Data Driven Outcome Healthcare-focused Blockchain and Data Monetization License
Rhea-AI Summary
DataMeds AI (NASDAQ:MEDS) and Datavault AI (NASDAQ:DVLT) amended their definitive agreement to expand the PharmacyChain blockchain-related technology license from pharmaceutical distribution into all unencumbered commercial healthcare, healthspan and wellness uses of Datavault AI intellectual property. The amendment, completed ahead of a proposed multi-party business combination involving Scilex Holdings, EOS Technology Holdings’ QOLPOM patent portfolio and the acquisition of a controlling interest in Tollo Health, is intended to support the private launch of the Health Lives Here app to NFL Alumni Health members on August 6, 2026. Under the revised terms, Datavault AI will receive common shares equal to about 19.9% of DataMEDS common stock, instead of preferred shares, upon satisfaction of closing conditions, with the share value expected to be recognized as revenue by Datavault AI. DataMEDS also highlighted its recent Nasdaq listing under “MEDS” and a planned dividend of 50 Dream Bowl Meme Coin tokens per share as of an August 7, 2026 record date, subject to change at its discretion.
Positive
- License expansion to all unencumbered commercial healthcare, healthspan and wellness applications
- Datavault AI equity stake of ~19.9% of DataMEDS common stock upon closing
- Share issuance value expected to be recognized as revenue by Datavault AI on issuance
- DataMEDS token dividend of 50 Dream Bowl Meme Coin tokens per share as of August 7, 2026 record date
Negative
- DataMEDS dilution risk from issuing common shares representing ~19.9% of its common stock to Datavault AI upon closing
News Explained
The amendment changes the contemplated consideration to common shares representing approximately
Key Figures
Previous AI Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 22 | Ticker change | Neutral | -52.8% | Trading began under the MEDS symbol on Nasdaq Capital Market. |
| Jul 21 | Name change | Neutral | +0.0% | Corporate name changed from Wellgistics Health to DataMeds AI. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The two tag-specific AI events produced an average move of -26.41%, including one -52.83% reaction and one 0% reaction.
Key Terms
real-world asset financial
tokenization technical
smart contracts technical
cagr financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Data monetization and real-world asset tokenization technologies licensed into the DataMeds AI's EinsteinRX Platform
Healthcare data represents
TAMPA, FL / ACCESS Newswire / July 29, 2026 / DataMeds AI, Inc. (NASDAQ:MEDS) ("DataMEDS"), a Health IT company leveraging its artificial intelligence platform EinsteinRx™ and blockchain-enabled smart contacts platform PharmacyChain™ to provide integrated solutions for the generation, rationalization, intervention, transaction and monetization of health data and Datavault AI Inc. ("Datavault AI" or the "Company") (NASDAQ:DVLT), a provider of data monetization, credentialing, digital engagement, and real-world asset ('RWA') tokenization technologies, today announced that they have amended their definitive agreement with to expand its PharmacyChain blockchain-related technology licensing relationship beyond pharmaceutical distribution to include all unencumbered commercial healthcare, healthspan and wellness applications of Datavault AI's intellectual property.
The expansion of the license prior to the closing of the proposed multi-party business combination that will also include Scilex Holdings and EOS Technology Holdings' QOLPOM patent portfolio and the acquisition of controlling interest in Tollo Health from HealthBridge Advisors was completed now to allow for the initiation of the Health Lives Here app private launch to NFL Alumni Health members at the 2026 Pro Football Hall of Fame Game in Canton, Ohio on Thursday, August 6, 2026.
The QOLPOM behavioral healthcare patent portfolio being acquired was developed at La Frontera Arizona by the late Senator David T. Bradley and Dr. Dan Ranieri, and covers medical and pharmaceutical logistics, IoT population health, and remote patient monitoring with AI-driven behavioral health insights and interventions. DataMeds is acquiring the portfolio in concurrent transactions with EOS Technology Holdings and Scilex.
"Our business model depends on extracting greater value from the information we generate every day. Datavault AI's platform gives us confidence that we can transform data into a strategic asset for our future customers, not just for operational insights, but as a foundation for future commercial opportunities and customer acquisition strategies. We see this as the key step in modernizing how organizations think about data ownership and monetization in healthcare," said Gerald Commissiong, Interim Co-CEO of DataMEDS.
Nathaniel T. Bradley, CEO of Datavault AI, said, "Extending our data monetization and tokenization platform into commercial healthcare, healthspan and wellness is a natural next step for patient-controlled data. DataMEDS gives us a focused path to put that technology to work so individuals have a say over how their own medical information is transacted."
Under the terms of the amended definitive agreement, Datavault AI will receive common shares representing approximately
DataMEDS, formerly Wellgistics Health, Inc., announced on July 21, 2026, that it had completed its corporate name change, and stated that trading on the Nasdaq Capital Market under the symbol 'MEDS' began on July 22, 2026. DataMEDS is issuing a dividend of 50 Dream Bowl Meme Coin tokens for each share of DataMEDS common stock owned as of the August 7, 2026 record date, that is subject to change at DataMEDS' sole discretion.
The expanded relationship is intended to extend Datavault AI's data monetization and real-world asset tokenization technologies into the DataMEDS healthcare data environment, supporting patient-controlled health data access and data-transaction models across pharmacy, medical, laboratory and wearables settings. This comes as healthcare data-already representing approximately
According to SNS Insider, the U.S. blockchain in healthcare market was valued at
About DataMeds AI, Inc.
DataMeds AI, Inc. (formerly Wellgistics Health) is a leading Health IT company that focuses on the vertical integration of technology, pharmacy, pharmaceutical-adjacent and telemedicine business units to deliver a better healthcare experience for consumers. Headquartered in Tampa, Fla., DataMeds AI incorporates the artificial intelligence platform EinsteinRx™ and blockchain-enabled smart contracts platform PharmacyChain™ into the Health Lives Here Mobile application and Tollo Health.
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.
The Company is headquartered in Philadelphia, PA. For more information, visit www.dvlt.ai. Investor information is available at ir.datavaultsite.com. Technology news and insights are published at dvlt.ai/insights.
Industry and Market Data
This press release contains estimates, projections and other information concerning our industry and the markets in which we operate, including data regarding the volume and growth of healthcare data and the size of the global wellness economy. Healthcare data volume and growth figures are attributed to L.E.K. Consulting, which has estimated that the healthcare industry generates approximately
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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 the expansion of the Company's data technology licensing relationship with DataMeds AI, Inc. pursuant to an amended definitive agreement; the Company's anticipated receipt of common shares representing approximately
Readers are cautioned not to place undue reliance on these and other forward-looking statements contained herein. 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: the risk that the related transactions may not be completed on the anticipated terms or timeline, or at all; the risk that closing conditions, required approvals or any stockholder approvals may not be satisfied or obtained; the risk that the amended definitive agreement may be terminated in accordance with its terms; the risk that the Company may not receive the anticipated equity, or may receive a different amount or a different class of securities; the risk that the expected accounting or tax treatment of the share issuance is not obtained; risks relating to the integration and commercialization of licensed technologies in healthcare, pharmacy and health-data settings; risks relating to evolving regulatory frameworks applicable to tokenized assets and to health data; changes in market demand for Datavault AI's services and products; changes in economic, market, or regulatory conditions; 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, 2025 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.
Datavault AI Media Contact
marketing@dvlt.ai
Investor Contact
Edward Barger
VP, Investor Relations
ebarger@dvlt.ai | ir@dvlt.ai
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DataMEDS AI Media Contact
James Lambert, Vice President
Rubenstein Public Relations
Phone: 212.805.3024
Email: jlambert@rubensteinpr.com
DataMEDS AI Investor Contact
Investor Relations: IR@wellgisticshealth.com
SOURCE: DataMEDS AI, Inc.
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