---
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"
generated_at: "2026-06-21T16:01:28.362887+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scilex enters $500M standby equity purchase agreement with Yorkville

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-287974
- JSON: https://secwatch.observer/filing/0001193125-22-287974.json
- Plain text: https://secwatch.observer/filing/0001193125-22-287974.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: YA II PN, LTD.
  - Value: up to $500,000,000
  - Effective: 2022-11-17
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1820190/000119312522287974/0001193125-22-287974-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.