Datavault AI $2B Financing Term Sheet

Datavault AI Inc. (Nasdaq-100:DVLT) has executed a non-binding term sheet for a potential $2.0 billion dilutive structured financing transaction. This agreement, signed on May 30, 2026, involves Datavault AI issuing shares at $1.55 to $2.00 per common share to an institutional investment fund and a UK-based regulated investment platform. In exchange, Datavault AI will receive preferred units in an investment vehicle holding approximately $2.0 billion in fixed income securities. The financing is structured in four tranches of up to $500 million each, with the first tranche expected by Q3 2026. The counterparty will gain exclusive rights to route its global digital asset tokenization and blockchain infrastructure initiatives through Datavault AI's platform and could achieve majority board control upon completion of all tranches. Datavault AI is obligated to fund $25.0 million in administrative costs per tranche, with the first payment due by June 4, 2026, sourced from bitcoin and receivables sales. The transaction is subject to definitive agreements, due diligence, shareholder approval, and regulatory clearances, including a review by the United States — Committee on Foreign Investment in the United States. CEO Nate Bradley views this as a major milestone for Datavault AI's capabilities in the tokenized data economy.