Datavault AI Declares One-Time Stock Dividend of Josh Gibson Coin Tokens
Datavault AI Inc. (NASDAQ: DVLT), an artificial intelligence technology company, declared a distribution of Josh Gibson Coin digital tokens to shareholders of record as of March 9, 2026. Eligible holders will receive one token per share of common stock.
Datavault AI Inc. (NASDAQ: DVLT), an artificial intelligence technology company, declared a distribution of Josh Gibson Coin digital tokens to shareholders of record as of March 9, 2026. The company will distribute one token for each share of common stock held by eligible shareholders. Read more dividend announcements.
The one-time stock dividend extends beyond common stockholders to include certain warrant holders and equity award recipients who hold outstanding positions as of the record date. The distribution, previously announced on February 26, 2026, is scheduled for payment beginning April 30, 2026.
The company's board of directors retains the right to modify the record date or payment date, and can revoke the distribution entirely prior to the payment date. The dividend is contingent on the satisfaction of certain conditions that were not detailed in the filing.
| Distribution Details | Information |
|---|---|
| Amount | 1 Josh Gibson Coin token per share |
| Record Date | March 9, 2026 |
| Ex-Dividend Date | Not specified |
| Payment Date | April 30, 2026 (subject to change) |
| Type | Stock dividend (digital tokens) |
Eligible warrant holders must maintain unexercised and unsettled positions prior to the record date and possess participation rights under their warrant terms. Equity award holders must hold outstanding grants under Datavault's stock option or equity incentive plans that remain unexercised or unvested as of the record date.
The company indicated that holders will receive instructions for setting up digital wallets to receive the token distribution. Datavault distributed information letters and opt-in agreements to eligible record holders as part of the distribution process.