Scilex Holding Co. Announces Board Changes
Ticker: SCLXW · Form: 8-K · Filed: Nov 29, 2024 · CIK: 1820190
| Field | Detail |
|---|---|
| Company | Scilex Holding Co (SCLXW) |
| Form Type | 8-K |
| Filed Date | Nov 29, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, governance
TL;DR
Scilex board shake-up: two out, two new directors in.
AI Summary
Scilex Holding Company announced on November 27, 2024, a change in its board of directors. Specifically, the company reported the departure of two directors, Dr. Anthony L. Carbone and Mr. David R. Glick, and the election of two new directors, Mr. Robert E. Diamond and Mr. David M. S. Johnson. These changes are effective immediately.
Why It Matters
Changes in a company's board of directors can signal shifts in strategy, governance, or investor relations, potentially impacting future performance and stock valuation.
Risk Assessment
Risk Level: medium — Board changes can introduce uncertainty regarding future strategy and leadership effectiveness.
Key Players & Entities
- Scilex Holding Company (company) — Registrant
- Dr. Anthony L. Carbone (person) — Departing Director
- Mr. David R. Glick (person) — Departing Director
- Mr. Robert E. Diamond (person) — Newly Elected Director
- Mr. David M. S. Johnson (person) — Newly Elected Director
- November 27, 2024 (date) — Effective Date of Changes
FAQ
Who are the departing directors of Scilex Holding Company?
Dr. Anthony L. Carbone and Mr. David R. Glick have departed from the board of directors.
Who are the newly elected directors of Scilex Holding Company?
Mr. Robert E. Diamond and Mr. David M. S. Johnson have been elected as new directors.
When were these board changes effective?
The changes were effective as of November 27, 2024.
What type of company is Scilex Holding Company?
Scilex Holding Company is in the Biological Products (no diagnostic substances) industry.
What is the ticker symbol for Scilex Holding Company?
The filing does not explicitly state the ticker symbol, but the company name is Scilex Holding Co.
Filing Stats: 509 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-11-29 17:01:32
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
Filing Documents
- d914369d8k.htm (8-K) — 25KB
- d914369dex171.htm (EX-17.1) — 3KB
- 0001193125-24-268137.txt ( ) — 187KB
- sclxw-20241127.xsd (EX-101.SCH) — 4KB
- sclxw-20241127_def.xml (EX-101.DEF) — 14KB
- sclxw-20241127_lab.xml (EX-101.LAB) — 23KB
- sclxw-20241127_pre.xml (EX-101.PRE) — 15KB
- d914369d8k_htm.xml (XML) — 6KB
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 & President Date: November 29, 2024 3