The Gibson Coin is a digital collectible intended solely for personal, non-commercial use in connection with activities related to the celebration of Black History Month by honoring the legacy of baseball icon Josh Gibson. The Gibson Coin does not: (a) represent or confer any equity, voting, dividend, profit-sharing, or ownership rights in Datavault or any other entity; (b) provide any right to receive monetary payments, distributions, or appreciation; or (c) create any expectation of profit or reliance on the managerial or entrepreneurial efforts of Datavault or others. The Gibson Coin 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 Gibson Coin 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.

On February 26, 2026, Datavault announced that its board of directors declared a dividend (“Distribution”) of one Josh Gibson Coin token (such token, the “Gibson Coin”) for each share of Datavault’s common stock, par value $0.0001 per share (the “Datavault Common Stock”), held or deemed to be held by certain Datavault equity holders for purposes of the Distribution pursuant to certain contractual rights of the holders of the following equity securities of Datavault, in each case as of the close of business on the Record Date (as defined below):

• (i) Datavault Common Stock (“Record Datavault Common Holders”),
• (ii) certain warrants to purchase Datavault Common Stock that have the right to participate in the Distribution pursuant to their respective terms (such warrants, the “Record Datavault Warrants” and such record holders, the “Record Datavault Warrant Holders”), and
• (iii) certain equity awards and/or grants that are issued and outstanding as of the Record Date and which were granted under Datavault’s stock option plan, stock incentive plan or other equity incentive plans that have not been exercised and settled (or, in the case of restricted stock awards, that have not yet vested) as of the Record Date that are entitled to participate in the Distribution pursuant to the terms of their respective awards and/or grants (such awards or grants, the “Record Datavault Awards” and such record holders, the “Record Datavault Award Holders” and together with the Record Datavault Common Holders, and the Record Datavault Warrant Holders, the “Record Holders”).

The preceding Datavault securities held by the Record Holders as of the Record Date are collectively referred to herein as the “Datavault Securities”.

The record date for determining the Record Holders who are entitled to receive Gibson Coins was March 9, 2026 (the “Record Date”), subject to the right of the Board of Directors of Datavault (the “Datavault Board”) to change the Record Date to a later date.

The Distribution will be paid beginning on April 30, 2026 (“Payment Date”), subject to the right of the Datavault Board to change the Payment Date to a later date or to revoke the Distribution entirely prior to the Payment Date.

The Gibson Coins are a digital asset and can only be held in a digital wallet. It is a condition to the receipt of the Gibson Coins in the Distribution that you have a digital wallet hosted by Datavault®.

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If you are a Datavault Record Common Holder, then you will receive one Gibson Coin for each share of Datavault Common Stock held (or underlying the applicable Datavault Securities held) by you as of the close of business on the Record Date.
If you are a Record Datavault Warrant Holder or Record Datavault Award Holder, you will receive one Gibson Coin for each share of Datavault Common Stock underlying the applicable Datavault Securities held by you as of the close of business on the Record Date, as determined pursuant to the terms of the applicable Datavault Security you hold.

No, there will not be fees associated with opening a digital wallet with Datavault® AI.

Yes, non-U.S. Record Holders are eligible to participate in the Distribution on the same terms and conditions as U.S. Record Holders, including as set forth in the Opt-In Agreement and this FAQ.