Datavault AI Strengthens Financial Position Through $13.3 Million Debt Conversion

Datavault AI Inc. (NASDAQ: DVLT) has completed the full conversion of certain long-term notes with an aggregate original face value of $13.3 million, substantially strengthening its financial position according to company leadership. Brett Moyer, Chief Financial Officer, described the conversion as a strategic milestone that supports the accelerated launch of independent data exchanges and the buildout of supercomputing capabilities in cooperation with IBM. This financial restructuring follows the company's recent announcement of a $150 million strategic equity investment in Bitcoin from Scilex (Nasdaq: SCLX), a Nasdaq-listed biotech firm operating within one of Datavault AI's primary target sectors.

The company's technology platform provides comprehensive solutions through its Acoustic Science and Data Science Divisions, featuring patented technologies including WiSA, ADIO and Sumerian foundational spatial and multichannel wireless HD sound transmission technologies. The Data Science Division leverages Web 3.0 and high-performance computing to deliver solutions for experiential data perception, valuation and secure monetization across multiple industries. The Information Data Exchange enables Digital Twins and licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity.

Datavault AI's cloud-based platform serves numerous sectors including sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, and energy through HPC software licensing. The technology suite offers complete customization with AI and Machine Learning automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring capabilities. Additional information about the company is available at https://www.datavaultsite.com while the latest news and updates relating to DVLT are accessible in the company's newsroom at https://ibn.fm/DVLT.

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