secwatch.observer — SEC 8-K summary
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Issuer:     Scilex Holding Co (SCLX)
CIK:        0001820190
Form:       8-K
Filed at:   2025-06-23T23:59:59+00:00
Accession:  0000950170-25-089059
Event type: dividend
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scilex defers record date for preferred stock dividend to future date determined by Board
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- Record date shifted from May 2, 2025 to a later date to be set by the Board.
- Dividend consists of Series 1 Mandatory Exchangeable Preferred Stock exchangeable for up to 10% of Scilex's interest in Semnur Pharmaceuticals.
- Board retains the right to further change any New Record Date or revoke the Dividend entirely.
- Deferral based on Board's assessment of solvency and surplus conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820190/000095017025089059/0000950170-25-089059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820190/000095017025089059/sclx-20250623.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-089059

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