Datavault AI to Distribute Dream Bowl Draft Meme Coins to Shareholders

Datavault AI Inc. (NASDAQ: DVLT) has received board approval to distribute Dream Bowl Draft meme coins to eligible shareholders of both Datavault AI and Scilex Holding Company (NASDAQ: SCLX). The distribution will occur for record holders as of November 25, 2025, with the ex-dividend date set for November 24, 2025. This corporate action represents one of the first instances of a publicly traded company distributing meme coins directly to equity holders, potentially establishing new precedents for digital asset integration within traditional corporate structures.

Shareholders of record on November 25 will receive one meme coin for each common share held, creating a direct link between traditional equity ownership and digital asset distribution. The company has specifically addressed short sellers in this arrangement, requiring those who maintain positions beyond the ex-dividend date to deliver corresponding meme coins upon distribution. This provision adds complexity to short selling strategies involving companies engaging in digital asset distributions and may influence how market participants approach such securities during corporate action periods.

The commemorative Dream Bowl 2026 Meme Coins, developed through collaboration with Scilex, incorporate multiple functional elements beyond simple collectibility. These tokens will feature embedded ticketing details, exclusive content access, and immutable proof of ownership capabilities. The integration of practical utility with commemorative digital assets represents an evolution in how companies approach shareholder engagement and digital marketing strategies. Additional information about this initiative is available through the full press release.

Distribution logistics involve airdropping tokens to Data Vault wallets following roster confirmations on or after December 8, 2025. The company has committed to providing detailed claiming instructions in advance of the distribution date. This timeline allows shareholders adequate preparation time while ensuring proper technical implementation of the digital asset transfer process. The use of Data Vault wallets for distribution leverages the company's existing infrastructure for secure digital asset management.

This corporate action holds significance beyond the immediate shareholder benefit, potentially influencing how publicly traded companies approach digital engagement and asset distribution. The integration of meme coins with traditional equity ownership represents a convergence of Web 3.0 technologies with conventional corporate governance practices. Market participants can access ongoing updates and information through the company's newsroom, which provides comprehensive coverage of corporate developments.

The strategic implications extend to how companies might leverage digital assets for shareholder engagement, brand promotion, and creating additional value streams. By embedding practical utilities like ticketing and exclusive content within commemorative digital assets, Datavault AI demonstrates potential applications of blockchain technology beyond cryptocurrency speculation. This approach could influence how other public companies consider digital asset integration within their corporate strategies and shareholder relations programs.