Datavault AI is trading 44.5% down at $0.07 after saying four prior financial reports should no longer be relied upon.
- Bitcoin received in a $150 million Scilex equity transaction was incorrectly recognized as a digital asset; expected asset reductions include $92.2 million as of December 31, 2025.
- The announcement was filed October 26; October 27 reports described a roughly 40% premarket decline. Management is reassessing going-concern disclosures, and restatement timing remains undetermined. No live volume figure was available.