Scilex Holding Co. Reports Material Agreement and Equity Sales

TL;DR

Scilex just signed a new deal creating financial obligations and sold more stock.

AI Summary

Scilex Holding Company entered into a material definitive agreement on June 11, 2024, related to the creation of a direct financial obligation. The company also reported unregistered sales of equity securities. This filing includes financial statements and exhibits.

Why It Matters

This filing indicates new financial obligations and equity transactions for Scilex Holding Co., which could impact its financial structure and shareholder value.

Risk Assessment

Risk Level: medium — The filing details new financial obligations and unregistered equity sales, which can introduce financial risk and dilution concerns.

Key Players & Entities

• Scilex Holding Company (company) — Registrant
• June 11, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.0001 — ich registered Common stock, par value $0.0001 per share SCLX The Nasdaq Stock Mar
• $11.50 — mon stock, each at an exercise price of $11.50 per share SCLXW The Nasdaq Stock Ma
• $100 million — ") in the aggregate principal amount of $100 million (the " Commitment Amount "), subject to
• $85 million — Amount shall be payable as follows: (i) $85 million no later than the date that is 70 days
• $85 m — e Date " and the funding of the initial $85 million, the " Initial Closing ") and (ii
• $15 million — itial Closing ") and (ii) the remaining $15 million within 60 days following the Initial Cl
• $15 m — tial Closing (the funding of the second $15 million, the " Second Closing "). Pursu
• $10 million — ds in the aggregate principal amount of $10 million (the " Deposit " and the date on which
• $1.20 — t Warrant "), with an exercise price of $1.20 per share (the " Warrant Exercise Price

Filing Documents

• d55926d8k.htm (8-K) — 41KB
• d55926dex41.htm (EX-4.1) — 152KB
• d55926dex101.htm (EX-10.1) — 32KB
• 0001193125-24-159926.txt ( ) — 438KB
• sclxw-20240611.xsd (EX-101.SCH) — 4KB
• sclxw-20240611_def.xml (EX-101.DEF) — 14KB
• sclxw-20240611_lab.xml (EX-101.LAB) — 23KB
• sclxw-20240611_pre.xml (EX-101.PRE) — 15KB
• d55926d8k_htm.xml (XML) — 6KB

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. 3 Exhibit Number Description 4.1 Form of Warrant to Purchase Common Stock. 10.1 Commitment Side Letter, dated June 11, 2024, by and between Scilex Holding Company and FSF 33433 LLC. 104 Cover Page Interactive Data File, formatted in Inline Extensible Business Reporting Language (iXBRL). 4

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SCILEX HOLDING COMPANY By: /s/ Jaisim Shah Name: Jaisim Shah Title: Chief Executive Officer and President Date: June 12, 2024 5

View Full Filing

View this 8-K filing on SEC EDGAR