{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-287974","form_type":"8-K","ticker":"SCLX","cik":"0001820190","company_name":"Scilex Holding Co","filed_at":"2022-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.329064+00:00","generated_at":"2026-06-21T16:01:28.362887+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Scilex enters $500M standby equity purchase agreement with Yorkville","bullets":["Up to $500M of common stock may be sold to Yorkville over 36 months at 98% of lowest daily VWAP over 2-day pricing period.","Commitment fee of 250,000 shares and $10,000 paid to Yorkville; shares issued under Section 4(a)(2) exemption.","Advances limited by 4.99% ownership cap and 19.9% exchange cap (waived if stock price >= $8.77 or shareholder approval).","No obligation to draw; no minimum advances or non-usage fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-287974","json":"https://secwatch.observer/filing/0001193125-22-287974.json","markdown":"https://secwatch.observer/filing/0001193125-22-287974.md","text":"https://secwatch.observer/filing/0001193125-22-287974.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820190/000119312522287974/0001193125-22-287974-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820190/000119312522287974/d401087d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T16:01:28.362887+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"479e43d8a1a063b3fc203c1f5026028ee81cb5e4","claim":"Scilex Holding Co entered into Standby Equity Purchase Agreement with YA II PN, LTD. valued at up to $500,000,000 (effective 2022-11-17).","evidence_excerpt":"On November 17, 2022, Scilex Holding Company (the “Company”) entered into a Standby Equity Purchase Agreement (the “Purchase Agreement”) with YA II PN, LTD., a Cayman Islands exempt limited partnership (“Yorkville”). Pursuant to the Purchase Agreement, the Company has the right, but not the obligation, to sell to Yorkville up to $500,000,000 of its shares of common stock, par value $0.0001 per share (the “Common Stock”), from time to time at the Company’s sole and absolute discretion","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820190/000119312522287974/0001193125-22-287974-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"YA II PN, LTD."},{"label":"Value","value":"up to $500,000,000"},{"label":"Effective","value":"2022-11-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}