BRIEF-Datavault AI Signs $2 Billion Financing Term Sheet With Exclusive Global Tokenization Mandate

Datavault AI

Datavault AI

DVLT

0.00

June 1 (Reuters) - Datavault AI Inc DVLT.O:

  • DATAVAULT AI SIGNS $2.0 BILLION STRUCTURED FINANCING TERM SHEET WITH EXCLUSIVE GLOBAL TOKENIZATION MANDATE

  • DATAVAULT AI - PROPOSED DEAL VALUES DATAVAULT AI SHARES AT $1.55-$2 PER SHARE

  • DATAVAULT AI - DEAL TO BE STRUCTURED IN FOUR TRANCHES OF UP TO $500 MILLION EACH

  • DATAVAULT AI - TO FUND $25 MILLION IN COSTS PER TRANCHE; FIRST PAYMENT DUE JUNE 4, 2026

Source text: ID:nBw3rvJxJa

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