other material
confidence high
sentiment positive
materiality 0.50
Oramed completes Scilex warrant repurchase; receives $28.5M total
ORAMED PHARMACEUTICALS INC.
- Scilex repurchased second tranche of 3,370,000 warrants for $14M on Dec 30, 2025.
- Oramed also received a $750,000 option fee for the second tranche.
- Total aggregate proceeds from both tranches and fees equal $28.5M.
- First tranche of 3,130,000 warrants was repurchased for $13M in September 2025.
- Subject warrants had an exercise price of $0.01 per share of Scilex common stock.