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Gladstone Investment Corporation Reports Financial Results for its Third Quarter Ended December 31, 2025
MCLEAN, VA / ACCESS Newswire / February 3, 2026 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") today announced earnings for its third fiscal quarter ended December 31, 2025. Please read the Company's Quarterly Report on Form 10-Q, filed today with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website at www.sec.gov or the investors section of the Company's website at www.gladstoneinvestment.com.
Summary Information: (dollars in thousands, except per share data (unaudited)):
December 31,
2025
September 30,
2025
Change
%
Change
For the quarter ended:
Total investment income
$
25,062
$
25,279
$
(217
)
(0.9
)%
Total expenses, net(A)
31,571
21,000
10,571
50.3
%
Net investment (loss) income(A)
(6,509
)
4,279
(10,788
)
NM
Net realized gain (loss)
2,180
(29,938
)
32,118
NM
Net unrealized appreciation
70,227
54,368
15,859
29.2
%
Net increase in net assets resulting from operations(A)
$
65,898
$
28,709
$
37,189
129.5
%
Net investment (loss) income per weighted-average common share(A)
$
(0.16
)
$
0.11
$
(0.27
)
NM
Adjusted net investment income per weighted-average common share(B)
$
0.21
$
0.24
$
(0.03
)
(12.5
)%
Net increase in net assets resulting from operations per weighted-average common share(A)
$
1.66
$
0.75
$
0.91
121.3
%
Cash distribution per common share from net investment income(C)
$
0.24
$
0.24
$
-
-
%
Cash distribution per common share from net realized gains(C)
$
-
$
-
$
-
-
%
Weighted-average yield on interest-bearing investments
12.9
%
13.4
%
(0.5
)%
(3.7
)%
Total dollars invested
$
37,438
$
71,036
$
(33,598
)
(47.3
)%
Total dollars repaid and collected from sales and recapitalization of investments
$
19,221
$
1,436
$
17,785
NM
Weighted-average shares of common stock outstanding - basic and diluted
39,678,402
38,445,643
1,232,759
3.2
%
Total shares of common stock outstanding
39,821,967
39,591,037
230,930
0.6
%
As of:
Total investments, at fair value
$
1,222,792
$
1,130,859
$
91,933
8.1
%
Fair value, as a percent of cost
115.5
%
109.0
%
6.5
%
6.0
%
Number of portfolio companies
29
28
1
3.6
%
Net assets
$
595,408
$
535,843
$
59,565
11.1
%
Net asset value per common share
$
14.95
$
13.53
$
1.42
10.5
%
Total distributable earnings
$
108,702
$
52,249
$
56,453
108.0
%
Total distributable earnings per common share
$
2.73
$
1.32
$
1.41
106.8
%
Estimated spillover
$
22,943
$
25,435
$
(2,492
)
(9.8
)%
Estimated spillover per common share
$
0.58
$
0.64
$
(0.06
)
(9.4
)%
NM = Not Meaningful
(A) Inclusive of $14.7 million, or $0.37 per weighted-average common share, of capital gains-based incentive fees accrued during the three months ended December 31, 2025 and $4.9 million, or $0.13 per weighted-average common share, of capital gains-based incentive fees accrued during the three months ended September 30, 2025, respectively. These fees were accrued in accordance with United States generally accepted accounting principles ("U.S. GAAP"), where such amounts were not contractually due under the terms of the investment advisory agreement for the respective periods. Also see discussion under Non-GAAP Financial Measure - Adjusted Net Investment Income below.
(B) See Non-GAAP Financial Measure - Adjusted Net Investment Income, below, for a description of this non-GAAP measure and a reconciliation from Net investment (loss) income to Adjusted net investment income, including on a weighted-average per share basis. The Company uses this non-GAAP financial measure internally in analyzing financial results and believes it is useful to investors as an additional tool to evaluate ongoing results and trends for the Company.
(C) Estimates of tax characterization made on a quarterly basis may not be representative of the actual tax characterization of distributions for the full year. Estimates made on a quarterly basis are updated as of each interim reporting date.
Highlights for the Quarter: During the quarter ended December 31, 2025, the following significant events occurred:
Portfolio Activity:
In December 2025, we invested $33.1 million in a new portfolio company, Rowan Energy Inc. ("Rowan"), in the form of $25.8 million of secured first lien debt and $7.3 million of preferred equity. Rowan, headquartered in Oklahoma, specializes in advanced frac sand filtration, completion-equipment deployment and field-operations support.
Distributions and Dividends:
Paid an $0.08 per common share distribution to common stockholders in each of October, November and December 2025.
At-the-market ("ATM") Program Activity:
Sold 230,930 shares of our common stock under our common stock ATM program at a weighted-average gross price of $14.03 per share and raised approximately $3.2 million in net proceeds. These sales were above our then-current NAV per share.
Financing activity:
Issued 6.875% Notes due 2028 with a total principal amount of $60.0 million.
Amended our credit facility, increasing the size from $270.0 million to $300.0 million.
Voluntarily redeemed the 8.00% Notes due 2028 with an aggregate principal amount of $74.8 million.
Third Quarter Results: Net investment loss for the quarter ended December 31, 2025 was $6.5 million, or $0.16 per weighted-average common share, compared to net investment income of $4.3 million, or $0.11 per weighted-average common share, for the quarter ended September 30, 2025. This decrease was a result of an increase in total expenses, net of credits, primarily due to an increase in accruals for capital gains-based incentive fees, as well as a decrease in total investment income in the current quarter.
Total investment income for the quarters ended December 31, 2025 and September 30, 2025 was $25.1 million and $25.3 million, respectively. The decrease quarter over quarter was due to a $0.4 million decrease in dividend and success fee income, the timing of which can be variable, partially offset by a $0.2 million increase in interest income, primarily due to an increase in the weighted-average principal balance of our interest-bearing investment portfolio outstanding.
Total expenses, net of credits, for the quarters ended December 31, 2025 and September 30, 2025 was $31.6 million and $21.0 million, respectively. The increase quarter over quarter was primarily due to a $9.9 million increase in accruals for capital gains-based incentive fees in the current quarter, as a result of the net impact of realized and unrealized gains and losses, a $0.5 million increase in base management fee and a $0.4 million decrease in credits from Adviser. The increase was partially offset by a $0.3 million decrease in income-based incentive fees.
Net asset value per common share as of December 31, 2025 was $14.95, compared to $13.53 as of September 30, 2025. The increase quarter over quarter was primarily due to net unrealized appreciation of investments of $70.2 million, or $1.77 per common share, and $3.5 million, or $0.09 per common share, of realized gain on investments. These increases were partially offset by $9.5 million, or $0.24 per common share, of distributions paid to common shareholders, $6.5 million, or $0.16 per common share, of net investment loss and $1.3 million, or $0.03 per common share, of realized loss on other upon the redemption of the 8.00% Notes due 2028.
The following table provides relevant information related to our notes payable and Credit Facility as of December 31, 2025:
Interest
Rate
Aggregate Principal Amount
Notes Payable
5.00% 2026 Notes
5.00
%
$
127,938
4.875% 2028 Notes
4.875
%
134,550
7.875% 2030 Notes
7.875
%
126,500
6.875% 2028 Notes
6.875
%
60,000
Total Notes payable
$
448,988
Credit Facility (A)
Commitment amount
SOFR + 3.25%
$
300,000
Borrowings outstanding at cost
$
128,600
Availability(B)
$
171,400
Percentage of borrowings at:(C)
Fixed rate
77.7
%
Floating rate
22.3
%
(A) The Credit Facility bears interest at 30-day Term Secured Overnight Financing Rate ("SOFR").
(B) Availability is subject to various constraints, characteristics and applicable advance rates based on collateral quality under our Credit Facility, which equated to an adjusted availability of $171.4 million as of December 31, 2025.
(C) The percentage uses the Credit Facility borrowings outstanding at cost as of December 31, 2025. The fixed rate borrowings consist of the outstanding notes payable. The floating rate borrowings consist of the Credit Facility borrowings outstanding at cost.
The following table presents certain selected information regarding the debt investments of our portfolio companies as of December 31, 2025:
December 31, 2025(A)(B)
Weighted average interest rate of debt investments
12.9
%
Weighted average interest rate floor of debt investments
12.1
%
Current percentage of debt investments at interest rate floor
52.1
%
Weighted average interest rate of debt investments assuming:
25 basis points decrease in SOFR
12.8
%
50 basis points decrease in SOFR
12.7
%
75 basis points decrease in SOFR
12.6
%
100 basis points decrease in SOFR
12.5
%
(A) Debt investments presented exclude line of credit commitments and all debt investments on non-accrual status as of December 31, 2025. The weighted average interest rate is based on the cost balance of the debt investments.
(B) As of December 31, 2025, 100.0% of our debt investments are variable rates with a floor and are indexed to 30-day SOFR. The interest rate is the greater of the floor or the total of SOFR plus a spread. As of December 31, 2025, we did not have any loans with a paid-in-kind interest component.
Subsequent Events: After December 31, 2025, the following significant events occurred:
Distributions and Dividends:
In January 2026, our Board of Directors declared the following monthly distributions to common stockholders:
Record Date
Payment Date
Distribution per Common Share
January 23, 2026
January 30, 2026
$
0.08
February 18, 2026
February 27, 2026
0.08
March 23, 2026
March 31, 2026
0.08
Total for the Quarter:
$
0.24
Non-GAAP Financial Measure - Adjusted Net Investment Income: On a supplemental basis, the Company discloses Adjusted net investment income, including on a weighted-average per share basis, which is a financial measure that is calculated and presented on a basis of methodology other than in accordance with GAAP. Adjusted net investment income represents net investment (loss) income, excluding capital gains-based incentive fees. The Company uses this non-GAAP financial measure internally in analyzing financial results and believes that this non-GAAP financial measure is useful to investors as an additional tool to evaluate ongoing results and trends for the Company. The Company's investment advisory agreement provides that a capital gains-based incentive fee is determined and paid annually with respect to realized capital gains (but not unrealized appreciation) to the extent such realized capital gains exceed realized capital losses and unrealized depreciation on investments for such year. However, under GAAP, a capital gains-based incentive fee is accrued if realized capital gains and unrealized appreciation of investments exceed realized capital losses and unrealized depreciation of investments. Refer to Note 4 - Related Party Transactions in our Quarterly Report on Form 10-Q for further discussion. The Company believes that Adjusted net investment income is a useful indicator of operations exclusive of any capital gains-based incentive fees, as net investment (loss) income does not include realized or unrealized investment activity associated with the capital gains-based incentive fee.
The following table provides a reconciliation of net investment (loss) income (the most comparable GAAP measure) to Adjusted net investment income for the periods presented (dollars in thousands, except per share amounts; unaudited):
For the quarter ended
December 31, 2025
September 30, 2025
Amount
Per Share
Amount
Amount
Per Share
Amount
Net investment (loss) income
$
(6,509
)
$
(0.16
)
$
4,279
$
0.11
Capital gains-based incentive fee
14,749
0.37
4,897
0.13
Adjusted net investment income
$
8,240
$
0.21
$
9,176
$
0.24
Weighted-average shares of common stock outstanding - basic and diluted
39,678,402
38,445,643
Adjusted net investment income may not be comparable to similar measures presented by other companies, as it is a non-GAAP financial measure that is not based on a comprehensive set of accounting rules or principles and therefore may be defined differently by other companies. In addition, Adjusted net investment income should be considered in addition to, not as a substitute for, or superior to, financial measures determined in accordance with GAAP.
Conference Call: The Company will hold its earnings release conference call on Wednesday, February 4, 2026, at 8:30 a.m. Eastern Time. Please call (866) 373-3416 to enter the conference call. An operator will monitor the call and set a queue for any questions. A replay of the conference call will be available through February 11, 2026. To hear the replay, please dial (877) 660-6853 and use the playback conference number 13757327. The replay will be available after the call concludes. The live audio broadcast of the Company's quarterly conference call will also be available online at www.gladstoneinvestment.com. The event will be archived and available for replay on the Company's website.
About Gladstone Investment Corporation: Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.
To obtain a paper copy of our Quarterly Report on Form 10-Q, filed today with the SEC, please contact the Company at 1521 Westbranch Drive, Suite 100, McLean, VA 22102, ATTN: Investor Relations. The financial information above is not comprehensive and is without notes, so readers should obtain and carefully review the Company's Form 10-Q for the quarter ended December 31, 2025, including the notes to the consolidated financial statements contained therein.
Investor Relations Inquiries: Please visit ir.gladstoneinvestment.com or call (703) 287-5893.
Forward-looking Statements:
The statements in this press release regarding potential future distributions, earnings and operations of the Company are "forward-looking statements." These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on the Company's current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or otherwise, except as required by law.
SOURCE: Gladstone Investment Corporation
View the original press release on ACCESS Newswire
Prince Silver Increases Private Placement to up to $4.75 Million
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / February 3, 2026 / Prince Silver Corp. (CSE:PRNC)(OTCQB:PRNCF)(Frankfurt:T130) ("Prince Silver"or the "Company") is pleased to announce that, due to strong investor demand, it has increased the size of its previously announced non-brokered private placement (the "Offering") from $3,000,000 to up to $4,750,000.
The upsizing reflects continued support from existing shareholders and interest from new investors as the Company advances the Prince Silver Project, located in the Pioche Mining District, Nevada.
The Offering consists of units (the "Units") priced at $0.70 per Unit. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share at a price of $1.00 for a period of two years from the date of issuance, provided that, if the closing price of the company's common shares for a period of 10 consecutive trading days is $1.40 or higher, the company will have the right to accelerate the expiry date of the warrants upon notice given by press release and the warrants will thereafter expire on the 30th calendar day after the date of such press release, or such later date as may be stated in the news release.
In connection with the upsizing, the Company may issue up to 6,785,714 Units for total gross proceeds of up to $4,750,000, subject to regulatory approval and customary closing conditions. All securities issued under the Offering will be subject to a statutory hold period of four months and one day in accordance with applicable securities laws.
Proceeds from the Offering are expected to be used to advance the next phase of drilling at the Prince Silver Project, complete a maiden mineral resource estimate, conduct ongoing metallurgical work, and for general working capital purposes.
Finders' fees may be paid in accordance with applicable securities laws and exchange policies.
About Prince Silver Corp.
Prince Silver Corp. is a silver exploration company advancing its past-producing Prince Silver-Zinc-Manganese-Lead Mine in Nevada, USA. Featuring near-surface mineralization that was historically drill tested by over 129 holes and is open in all directions, the Prince Project offers a clear path toward a maiden 43-101 compliant resource estimate. The Company also holds an interest in the Stampede Gap Project, a district-scale copper-gold-molybdenum porphyry system located 15 km north-northwest of the Prince Silver Project, highlighting Prince Silver's focus on high-potential, strategically located exploration assets.
On Behalf of the Board of Directors
Derek Iwanaka, CEO & Director
Tel: 604-928-2797
Email: [email protected]
Website: www.princesilvercorp.com
Forward-Looking Information
Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Some of the specific forward-looking information in this news release includes, but is not limited to, statements with respect to: ongoing and proposed drill programs, amendments to the Company's website, property option payments and regulatory and corporate approvals. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, dependence on key personnel, completion of satisfactory due diligence in respect of the Acquisition and related transactions, and compliance with property option agreements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, failure to obtain regulatory or corporate approvals, exploration results, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
SOURCE: Prince Silver Corp.
View the original press release on ACCESS Newswire
5E Advanced Materials Announces Closing of $36 Million Upsized and Oversubscribed Public Offering of Common Stock
The offering was led by one of the Company's largest stockholders and several new institutional investors
HESPERIA, CA / ACCESS Newswire / February 3, 2026 / 5E Advanced Materials, Inc. ("5E" or the "Company") (Nasdaq:FEAM)(ASX:5EA), a development stage company focused on becoming a vertically integrated global leader and supplier of refined borates, advanced boron derivative materials, and critical materials, today announced the closing of its previously announced best efforts public offering of common stock in the United States (the "Offering"). The Offering consisted of 18,000,000 shares of common stock at a public offering price of $2.00 per share, for gross proceeds of approximately $36 million, before deducting placement agent fees and other estimated Offering expenses payable by 5E.
Konik Capital Partners, LLC, a division of T.R. Winston & Company, acted as the sole placement agent for the Offering.
5E currently intends to use the net proceeds from the Offering, together with its existing cash, cash equivalents and marketable securities, for the operation of its small-scale boron facility (SSBF), wellfield development and finalization of our commercial mine plan, FEED engineering, and general corporate purposes. We believe this financing provides the necessary capital to finalize pending commercial offtake contracts and extends our operational runway through the critical commercialization phase.
The Offering was made pursuant to an effective registration statement on Form S-1 (File No. 333-292988) that was filed with and declared effective by the Securities and Exchange Commission (the "SEC") on January 29, 2026. A final prospectus relating to and describing the final terms of the Offering has been filed with the SEC and is available on the SEC's website located at http://www.sec.gov. The Offering was made only by means of a prospectus forming part of the effective registration statement. Electronic copies of the final prospectus relating to the Offering may be obtained from: Konik Capital Partners, LLC, a division of T.R. Winston & Company, 7 World Trade Center, 46th Floor, New York, NY 10007, or e-mail at [email protected].
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About 5E Advanced Materials, Inc.
5E Advanced Materials, Inc. (Nasdaq:FEAM)(ASX:5EA) is focused on becoming a vertically integrated global leader and supplier of boron specialty and advanced materials, complemented by lithium co-product production. The Company's mission is to become a supplier of these critical materials to industries addressing global decarbonization, food and domestic security. Boron and lithium products will target applications in the fields of electric transportation, clean energy infrastructure, such as solar and wind power, fertilizers, and domestic security. The business strategy and objectives are to develop capabilities ranging from upstream extraction and product sales of boric acid, lithium carbonate and potentially other co-products, to downstream boron advanced material processing and development. The business is based on our large domestic boron and lithium resource, which is located in Southern California and designated as Critical Infrastructure by the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency.
Forward Looking Statements
Statements in this press release may contain "forward-looking statements" that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential" or "continue" or the negative of these terms or other similar expressions, and include, but are not limited to, statements regarding 5E's intended use of proceeds from the Offering. Any forward-looking statements are based on 5E's current expectations, forecasts, and assumptions and are subject to a number of risks and uncertainties that could cause actual outcomes and results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties related to market conditions. For a discussion of other risks and uncertainties, and other important factors, any of which could cause our actual results to differ from those contained in the forward-looking statements, see the section entitled "Risk Factors" in 5E's most recent Annual Report on Form 10-K, its other reports filed with the SEC, as well as in the preliminary prospectus and final prospectus related to the Offering. Forward-looking statements contained in this announcement are based on information available to 5E as of the date hereof and are made only as of the date of this release. 5E undertakes no obligation to update such information except as required under applicable law. These forward-looking statements should not be relied upon as representing 5E's views as of any date subsequent to the date of this press release. In light of the foregoing, investors are urged not to rely on any forward-looking statement in reaching any conclusion or making any investment decision about any securities of 5E.
For further information contact:
Investor Relations
Brett Maas
Hayden IR, LLC
[email protected]
Ph: +1 (480) 861-2425
Media Relations
Paola Ashton
PRA Communications
[email protected]
Ph: +1 (604) 681-1407
SOURCE: 5E Advanced Materials, Inc.
View the original press release on ACCESS Newswire
Datavault AI Inc. (NASDAQ:DVLT) Announces Update Regarding Distribution of Dream Bowl Meme Coin II
PHILADELPHIA, PA / ACCESS Newswire / February 3, 2026 / Datavault AI Inc. (NASDAQ:DVLT) ("Datavault AI" or the "Company"), a leader in data monetization, credentialing, and digital engagement technologies, today announced that it expects to begin mailing, on or about February 4, 2026, detailed instructions regarding wallet setup, token access, and distribution procedures for the distribution of the Dream Bowl Meme Coin II tokens (the "Dream Bowl Meme Coin II") to eligible record holders of Datavault AI common stock and other eligible Datavault AI equity securities. Datavault AI also expects to file a Current Report on Form 8-K with the Securities and Exchange Commission on or prior to the same date outlining such instructions. Any stockholders of Datavault AI that hold their shares of Datavault AI common stock in "street name" through a brokerage firm, bank, dealer or other similar organization should receive such instructions and other information from their broker, bank, dealer or other similar organization once such organizations receive the instructions from Datavault AI.
The previously announced record date for the distribution of the Dream Bowl Meme Coin II was January 7, 2026, and the previously announced distribution date for the distribution of the Dream Bowl Meme Coin II is February 21, 2026. The record date and/or the distribution date for the dividend may be changed by the board of directors of Datavault AI (the "Datavault Board") for any reason at any time prior to the actual distribution date, and completion of the distribution of the Dream Bowl Meme Coin II is conditioned upon the Datavault Board having not revoked the dividend prior to the distribution date, including for a material change to the solvency or surplus analysis presented to the Datavault Board.
The distribution of the Dream Bowl Meme Coin II will be made to eligible record equity holders of Datavault AI on the basis of one (1) Dream Bowl Meme Coin II for every sixty (60) shares of Datavault AI common stock held (or shares of common stock underlying other Datavault AI equity securities held, subject to the contractual terms of such securities) by such holders as of the record date (rounding down to the nearest increment of 60 shares).
In order to receive the Dream Bowl Meme Coin II digital collectibles, all eligible recipients will be required to have or open a digital wallet with Datavault AI and execute an Opt-In Agreement, pursuant to which such holders will agree, among other things, to the payment conditions set forth therein, and acknowledge that such holders understand the process for receiving the Dream Bowl Meme Coin II digital collectibles, that the Datavault Board can change the record date or payment date or revoke the distribution prior to the payment date, and that the Dream Bowl Meme Coin II digital collectibles may not have or maintain any value. Subject to the foregoing, the Dream Bowl Meme Coin II will be airdropped to DataVault® wallets beginning on February 21, 2026.
The Dream Bowl Meme Coin II is a digital collectible intended solely for personal, non-commercial use in connection with the Dream Bowl XIV event. The Dream Bowl Meme Coin II does not in and of itself: (i) represent or confer any equity, voting, dividend, profit-sharing, or ownership rights in Datavault AI or any other entity; (ii) provide any right to receive monetary payments, distributions, or appreciation; or (iii) create any expectation of profit or reliance on the managerial or entrepreneurial efforts of Datavault AI or others. The Dream Bowl Meme Coin II is not designed or intended to function as an investment, currency or financial product, and it is not being offered, sold or distributed for fundraising or capital-raising purposes. Use of the Dream Bowl Meme Coin II is limited to entertainment, event-access and digital-collectible functions. Any transferability features are provided solely to support personal digital item portability and not to facilitate or imply investment or speculative use.
Datavault anticipates that, in the second quarter of 2026, the Dream Bowl Meme Coin II will be tradeable on Datavault AI's proprietary Information Data Exchange, which acts as a digital marketplace where registered buyers and sellers can securely exchange payment for data assets, including the Dream Bowl Meme Coin II. Datavault AI will notify holders of the Dream Bowl Meme Coin II when they can commence trading the Dream Bowl Meme Coin II on the Information Data Exchange. Holders of the Dream Bowl Meme Coin II may also be able to export the Dream Bowl Meme Coin II to other digital wallets. While there will be no fees associated with eligible record equity holders of Datavault AI opening a digital wallet with Datavault AI for purposes of accepting the Dream Bowl Meme Coin II, trades of Dream Bowl Meme Coin II made on the Information Data Exchange will incur ordinary course trading fees that are based on transaction value and embedded within the terms of the applicable smart contract. Dream Bowl Meme Coin II digital collectibles that are exported to and traded on other trading platforms or digital exchanges may be subject to additional fees not imposed by Datavault AI.
About Datavault AI
Datavault AI™ (Nasdaq:DVLT) leads AI-driven data experiences, valuation, and monetization in the Web 3.0 environment. The Company's cloud-based platform delivers comprehensive solutions through its collaborative Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division includes WiSA®, ADIO®, and Sumerian® patented technologies for spatial and multichannel wireless HD sound. The Data Science Division harnesses Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization across industries including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy. The Information Data Exchange® (IDE) enables Digital Twins and secure NIL licensing, fostering responsible AI with integrity. Datavault AI's customizable technology suite offers AI/ML automation, third-party integration, analytics, marketing automation, and advertising monitoring. Headquartered in Philadelphia, PA. Learn more at www.dvlt.ai.
Forward-Looking Statements
This press release contains "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws) about Datavault AI Inc. ("Datavault AI," the "Company," "us," "our," or "we") and our industry that involve risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words, such as "may," "might," "will," "shall," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "goal," "objective," "seeks," "likely" or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. The absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements, including, but not limited to, statements regarding our declaration and/or payment of dividends, our expectations regarding the terms and/or timing of the distribution of the Dream Bowl Meme Coin II (including that the Datavault Board may change the record date and/or the distribution date and may revoke the dividend entirely), and whether we will proceed with the distribution of the Dream Bowl Meme Coin II, are necessarily based upon estimates and assumptions that, while considered reasonable by Datavault AI and its management, are inherently uncertain. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Readers are cautioned not to place undue reliance on these and other forward-looking statements contained herein. There can be no assurance that future dividends will be declared, and the payment of any dividend is expressly conditioned on the Datavault Board not revoking any or all dividends before their respective distribution dates. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: risks related to legal proceedings that may be instituted against Datavault AI regarding the Dream Bowl Meme Coin II and the dividend distribution thereof to Datavault AI's eligible equity holders; risks associated with the right of the Datavault Board to change the record date and/or the distribution date, and/or to revoke the distribution of the Dream Bowl Meme Coin II prior to the distribution date; changes in economic, market or regulatory conditions; risks relating to evolving regulatory frameworks applicable to tokenized assets; and other risks and uncertainties as more fully described in Datavault AI's filings with the U.S. Securities and Exchange Commission (the "SEC") including its Annual Report on Form 10-K for the year ended December 31, 2024 and other filings that Datavault AI makes from time to time with the SEC, which are available on the SEC's website at www.sec.gov, and could cause actual results to vary from expectations.
The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Datavault AI undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as required by law. Datavault AI may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on such forward-looking statements. Datavault AI's forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments it may make.
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SOURCE: Datavault AI Inc
View the original press release on ACCESS Newswire
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