The Dream Bowl Meme Coin I token (the “Dream Bowl Token”) is a digital collectible intended solely for personal, non-commercial use. The Dream Bowl Token does not in and of itself: (a) represent or confer any equity, voting, dividend, profit-sharing, or ownership rights in the Company 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 the Company or others. The Dream Bowl Token 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 Token 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 April 20, 2026, the Company announced that its board of directors (the “Board”) declared a dividend (“Dividend”) of five (5) Dream Bowl Tokens for each one (1) share of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), held or deemed to be held by certain Company equityholders for purposes of the Dividend pursuant to certain contractual rights of the holders of the following equity securities of the Company, in each case as of the close of business on the Record Date (as defined below):

• (i) Common Stock (“Record Common Holders”),
• (ii) certain warrants to purchase Common Stock that have not been exercised and settled prior to the Record Date (and which have the right to participate in the Dividend pursuant to the terms of their respective warrants, other than, for the avoidance of doubt, any of our publicly traded warrants to purchase Common Stock with an exercise price of $11.50 per share (or $402.50 on a post-reverse stock split basis)) (such warrants, the “Record Warrants” and such record holders, the “Record Warrant Holders”),
• (iii) certain Tranche B senior secured convertible notes of the Company that have not been converted and settled prior to the Record Date (and which have the right to participate in the Dividend pursuant to the terms of their respective notes) (such notes, the “Record Notes” and such record holders, the “Record Note Holders”), and
• (iv) the Company’s Series A Preferred Stock, par value $0.0001 per share (such stock, the “Series A Preferred Stock” and such record holder, the “Record Preferred Holder” and together with the Record Common Holders, the Record Warrant Holders and the Record Note Holders, the “Record Holders”).

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

The record date for determining the Record Holders who are entitled to receive Dream Bowl Tokens was April 30, 2026 (the “Record Date”), subject to the right of the Board to change the Record Date to a later date.

The Dividend will be paid beginning on May 26, 2026 (“Payment Date”), subject to the right of the Board to change the Payment Date to a later date or to revoke the Dividend entirely prior to the Payment Date.

You must set up a digital wallet with Datavault® AI into which Dream Bowl Tokens can be delivered on or after the Payment Date.  You will not be required to create a new digital wallet if you already have an existing wallet.

Watch the video HERE

If you are a Record Common Holder, then you will receive five (5) Dream Bowl Tokens for each one (1) share of Common Stock held by you as of the close of business on the Record Date.

If you are a Record Warrant Holder, Record Note Holder or Record Preferred Holder, you will receive five (5) Dream Bowl Tokens for each one (1) share of Common Stock underlying the applicable Securities held by you as of the close of business on the Record Date, as determined pursuant to the terms of the applicable Security you hold.

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