Datavault AI (NASDAQ: DVLT) has established specific dates for its planned distribution of Josh Gibson Coins as a dividend to shareholders. The company's board of directors set March 9, 2026 as the record date, with distribution scheduled to begin on April 30, 2026. Eligible holders of common stock and other eligible equity securities will receive one Josh Gibson Coin for each share held as of the record date.
This corporate action represents one of the early instances of a publicly traded company distributing digital collectibles directly to shareholders as a dividend. The move highlights the growing intersection between traditional equity markets and Web 3.0 technologies. The company emphasized that the Gibson Coins are digital collectibles intended for personal, non-commercial use and do not represent equity, ownership, profit rights, or investment interests in Datavault AI.
The board retains the right to change the record or distribution dates or revoke the dividend prior to distribution, particularly in the event of a material change to solvency or surplus analysis. Additional details regarding wallet setup and distribution procedures will be provided before the distribution date. For comprehensive information about the company's operations, interested parties can visit www.dvlt.ai.
This announcement matters because it signals how companies are exploring new ways to engage shareholders through digital assets. As a leader in AI-driven data experiences, valuation, and monetization in the Web 3.0 environment, Datavault AI's approach could influence how other corporations integrate digital collectibles into shareholder relations. The distribution connects traditional investment mechanisms with emerging digital asset classes, potentially creating new forms of shareholder value beyond conventional dividends.
The implications extend to how companies might leverage their technological platforms for shareholder engagement. Datavault AI's platform delivers comprehensive solutions through its Acoustic Science and Data Science Divisions, serving industries including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy. The Josh Gibson Coin distribution demonstrates practical application of the company's Web 3.0 capabilities in a corporate context.
For investors, this represents both an opportunity and a learning experience in navigating digital asset distributions from traditional equity holdings. The company's forward-looking statements acknowledge risks and uncertainties, reminding stakeholders that actual results may differ from expectations. All content provided by IBN is subject to terms of use and disclaimers available at http://IBN.fm/Disclaimer.
