Datavault AI Inc. (NASDAQ: DVLT) has again adjusted the distribution date for its planned dividend of warrants to purchase common stock and a separate dividend of Dream Bowl Meme Coin II tokens, according to a press release issued Wednesday. The new distribution date is February 27, 2026, a shift from previous announcements of February 23, 2026, for the warrants and February 21, 2026, for the tokens.
The company initially announced the warrant distribution on January 7, 2026, setting that date as the record date for eligible shareholders. The record date remains unchanged. Datavault AI stated that its board of directors retains the right to modify the distribution date or even revoke the dividends entirely prior to February 27, 2026, based on ongoing solvency and surplus analyses.
The warrant distribution will provide one warrant for every 60 shares of Datavault AI common stock held by record holders. Each warrant is exercisable at a price of $5.00 per share, but requires holders to also possess one Dream Bowl Meme Coin II token within a Datavault AI digital wallet to complete the exercise. The warrants are set to expire one year after the distribution date, and are subject to transfer restrictions.
Datavault AI, which describes itself as a provider of data monetization, credentialing, and Web 3.0 technologies, has experienced volatility in its stock price following the initial announcements regarding the dividends. StockTitan reported a 5.53% decline in DVLT shares on the day the initial warrant distribution date change was published, with a peak positive movement of 15.8% during the session. This price fluctuation resulted in an approximate $30 million decrease in the company’s market capitalization, bringing it to $511 million.
The company intends to file a prospectus supplement to its existing shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC), detailing the terms of the warrant distribution. The initial prospectus was declared effective by the SEC on July 9, 2025. Datavault AI encourages record holders to review the prospectus carefully when it becomes available on the SEC’s website.
Datavault AI’s business encompasses both Acoustic Science and Data Science divisions. The Acoustic Science division includes patented technologies like WiSA, ADIO, and Sumerian for wireless HD sound, while the Data Science division focuses on AI-driven data valuation and monetization. The company’s Information Data Exchange (IDE) platform facilitates Digital Twins and secure NIL licensing.
