Datavault AI Inc. Announces Proposed Dividend of Warrants
12/29/2025 07:55 AM • Datavault AI (NASDAQ: DVLT) announced a proposed special dividend distribution of warrants to common stockholders. The record date is set for January 7, 2026, with eligible shareholders receiving one warrant for every 60 shares owned. The warrants will have a $5.00 strike price, be exercisable for one year, and require holders to own at least one Dream Bowl Meme Coin II token to exercise them.
DVLT - The announcement of a warrant dividend is a corporate action that could be viewed positively as shareholder value distribution, but the requirement to hold a meme coin token (Dream Bowl Meme Coin II) to exercise warrants introduces significant uncertainty and risk. The conditional nature of the dividend, board's ability to revoke it, and the speculative nature of the meme coin requirement create a mixed outlook that warrants a neutral stance rather than clearly positive or negative.