secwatch.observer — SEC 8-K summary
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Issuer:     Scilex Holding Co (SCLX)
CIK:        0001820190
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0000950170-25-056497
Event type: dividend
Sentiment:  neutral
Materiality: 0.25
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scilex changes dividend record date to May 2, 2025 for preferred stock exchangeable into up to 10% of Semnur
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- Dividend of Series 1 Mandatory Exchangeable Preferred Stock (exchangeable for up to 10% of Semnur Pharmaceuticals stake) record date moved from April 11 to May 2, 2025.
- Payment date to be set by Board within 60 days after new record date (no later than July 1, 2025).
- Board retains right to further change the record date or revoke the dividend prior to payment, including based on solvency analysis changes.
- Dividend apportioned pro rata among stockholders and certain other securityholders as of the new record date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820190/000095017025056497/0000950170-25-056497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820190/000095017025056497/sclx-20250422.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-056497

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