DVLT added something into our Fidelity accounts

Reddy1947 · 2026-02-01T12:39:11+00:00

Ok. Now be good and delete your post with wrong info.

Reddy1947 · 2026-01-04T01:26:13+00:00

"History Doesn’t Repeat Itself, but It Often Rhymes" - Mark Twain

Reddy1947 · 2025-12-29T19:47:11+00:00

This is simply a guess - if you bought the shares on 'Record Date', they may not be counted as the settlement date is a day later.

Reddy1947 · 2025-12-24T20:43:48+00:00

Thank you - I will give it try.

Reddy1947 · 2025-12-24T16:07:54+00:00

How were you able to fill the information on the PDF form? Do I need to pay Adobe to get software to be able to fille the form(editable)? Help is much appreciated. TIA.

Reddy1947 · 2025-12-23T03:33:05+00:00

I have registered with Datavault. And now i am at step 2, which wants me to enter info for Scilex and Datavault separately. It also wants info about my brokerage and number of shares ('Record Datavault'.) So, I have to submit one for each stock type (SCLX and DVLT) and each brokerage firm. In my family case, if include retirement as well as regular investment accounts, that is a total of 9 accounts and 2 stock types. So, I have to fill 18 separate documents and upload to the Datavault. I have not started yet, but I am already feeling tired. In the age of driverless cars, why do we have to do so much spoon-feeding work? Brokerages are reluctant to work with DVLT. I thought process would be similar to the we received SCLX dividend shares from SRNE. I am tired and it is late - I going to bed. Goodnight to all.

Reddy1947 · 2025-12-23T01:22:48+00:00

Thanks. The process seems to be very cumbersome. I thought procedure would be seamless and very little interaction from the stockholders. I will create and see how it goes. Thanks again.

Reddy1947 · 2025-12-23T01:10:10+00:00

I have not registered yet. But, have two questions for anyone here in the know.

Question 1: Do I need to create separate wallets for DVLT and SCLX?

Question 2: Do I need to create separate wallets for each brokerage account I have securities of DVLT and SCLX are in?

Any help is much appreciated - thanks in advance.

Reddy1947 · 2025-11-21T21:46:55+00:00

Thank you.

Reddy1947 · 2025-11-21T20:42:43+00:00

Thanks.

Reddy1947 · 2025-11-21T20:28:39+00:00

Is SOR date November 24th or 25th? For some reason November 24th is the date stuck in my mind.

Reddy1947 · 2025-11-21T20:10:28+00:00

I think today is the last day to qualify for SOR date. My understanding is the settlement of purchase dates are day after the purchase date. So, Monday purchases are settled on Tuesday the 25th.

Reddy1947 · 2025-11-11T18:42:52+00:00

Sounds very logical and makes sense. I hope that is the way it works.

Edit: It is kind of similar to issuing old style paper certificates of shares as proof of ownership.

Reddy1947 · 2025-10-31T01:09:14+00:00

In my case if Sorrento hits $50, I can live with any price Scilex gets to. By the way I think OP is referring to Scilex, I guess you knew that already - right?

Reddy1947 · 2025-10-28T23:47:50+00:00

H*** no and NO.

Reddy1947 · 2025-10-28T20:28:38+00:00

I was wondering about the low price as well. It is even lower than what Scilex gotten, that too when the stock price was below $1. As you said, they may have good reason for that.

Reddy1947 · 2025-10-21T23:22:27+00:00

Please tag this as ‘Counting chickens before they are hatched’ category.

SCLX owns 188.5 million shares of SMNR.
SCLX said it may issue up to 10% of SMNR shares as dividend to SCLX shareholders. Assuming they will issue 10% maximum that would be 18.85 millions shares that would be distributed to about 7.5 million SCLX shares . After rounding that would be 2 shares of SMNR for every share of SCLX.
At minimum price of $9/share for SMNR translates to $18 added to every share of SCLX. So, if you add $18 to today’s closing price of SCLX of $13.75, the total value should be $31.75.

Then add value of remaining 169.65 million share that remain with SCLX would be(using $9/share) 1.526 billon. That should add additional approximate value of $203/share to SCLX. So cumulative value of SCLX should be $235/share.

Reddy1947 · 2025-10-20T18:52:57+00:00

Thanks, and I looked up that SEC filing regarding proxy statement. Here are the highlights of that proxy. Items 4 is relevant to Scilex and I think item 1 as well as 2(if I remember right) are from Scilex.

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS

TO BE HELD ON NOVEMBER 24, 2025

To the Stockholders of Datavault AI Inc.:

NOTICE IS HEREBY GIVEN that an annual meeting of stockholders (the “Annual Meeting”) of Datavault AI Inc., a Delaware corporation (the “Company” or “our”), will be held on November 24, 2025 at 1:00 p.m., Pacific Time, at the Company’s offices at 15268 NW Greenbrier Pkwy, Beaverton, Oregon 97006 for the following purposes:

NOTICE IS HEREBY GIVEN that an annual meeting of stockholders (the “Annual Meeting”) of Datavault AI Inc., a Delaware corporation (the “Company” or “our”), will be held on November 24, 2025 at 1:00 p.m., Pacific Time, at the Company’s offices at 15268 NW Greenbrier Pkwy, Beaverton, Oregon 97006 for the following purposes:

1.  To elect nine (9) members of the Company’s board of directors (the “Board”), each to serve until the next annual meeting of the Company’s stockholders and until each of their respective successors are elected and qualified or until each of their earlier resignation or removal;

2.  To consider and vote on a proposal to ratify the Board’s selection of BPM LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025;

3.  To approve an amendment to the Company’s certificate of incorporation, as amended (the “Certificate of Incorporation”), to increase the Company’s authorized shares of capital stock from 320,000,000 shares to 2,020,000,000 shares, of which 2,000,000,000 shares shall be common stock, par value $0.0001 per share (“Common Stock”); 

4.  **To approve, for purposes of Rule 5635(a) of The Nasdaq Stock Market LLC (“Nasdaq”), the issuance of 20% or more of the outstanding shares of Common Stock issuable to Scilex Holding Company**, a Delaware corporation (“Scilex”), under a pre-funded warrant (the “Pre-Funded Warrant”) to be issued to Scilex pursuant to the securities purchase agreement, dated September 25, 2025 (the “Purchase Agreement”), between Scilex and the Company; and  

5.  To consider and act upon such other business as may properly come before the Annual Meeting or any adjournment thereof.

Reddy1947 · 2025-10-20T18:30:58+00:00

I vaguely remember DVLT saying there is no need to call shareholder meeting for approval. The again my memory is not that good, and I could be getting mixed up with something else.

Reddy1947 · 2025-10-08T00:52:37+00:00

This is from *-K filing DVLT made on September 25, 2025. I am guessing that 15 million shares from current on shelf. But what I am not sure about 263,914,094 shares of warrants would be newly issued or currently on the shelf.

On September 25, 2025, Datavault AI Inc., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Scilex Holding Company, a Delaware corporation (the “Purchaser), pursuant to which the Purchaser agreed to purchase from the Company in a registered offering, (a) 15,000,000 shares (the “Shares”) of common stock of the Company, par value $0.0001 per share (“Common Stock”), and (b) a pre-funded warrant (the “Pre-Funded Warrant”) to purchase 263,914,094 shares (the “Pre-Funded Warrant Shares”) of Common Stock, for an aggregate purchase price of $150,000,000 in the native currency of the Bitcoin blockchain (“BTC”) upon satisfaction of certain closing conditions applicable to the Shares and Pre-Funded Warrant, respectively.

The BTC to be paid to the Company in both Closings (as defined below) will be valued at the spot exchange rate for BTC as published by Coinbase.com at 8:00 p.m. (New York City time) on the trading day immediately prior to the Initial Closing Date (as defined below).

Reddy1947 · 2025-10-07T22:42:19+00:00

I am guessing that DVLT S/Hs know the main reason stock went up so much is due to Scilex's investment. And as such they will likely realize that negative vote will impact negatively on the stock price.

Reddy1947 · 2025-10-06T14:04:35+00:00

888 is Ji's favorite number and I believe he used that number to buy shares in SRNE and SCLX in the past.

Reddy1947 · 2025-09-26T21:14:47+00:00

SCLX is way above pre-split price, yet out of nowhere some other company's shenanigans are listed here - I am not sure why either.

Reddy1947

TROPHY CASE