{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-097796","form_type":"8-K","ticker":"SCLX","cik":"0001820190","company_name":"Scilex Holding Co","filed_at":"2023-04-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.849756+00:00","generated_at":"2026-06-17T03:44:34.960460+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Scilex closes second $7.5M convertible debenture tranche with Yorkville","bullets":["Issued $7.5M convertible debenture to YA II PN (Yorkville) as second tranche under $25M facility.","Debenture bears 7.00% interest, matures Dec 21, 2023; convertible at $8.00/share.","Conversion limited by 4.99% beneficial ownership cap and 19.9% exchange cap (unless stockholder approval).","Company has optional redemption right at 110% of principal if stock price below conversion price.","Registration statement (Form S-1) filed for resale of conversion shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-097796","json":"https://secwatch.observer/filing/0001193125-23-097796.json","markdown":"https://secwatch.observer/filing/0001193125-23-097796.md","text":"https://secwatch.observer/filing/0001193125-23-097796.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820190/000119312523097796/0001193125-23-097796-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820190/000119312523097796/d429390d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T03:44:34.960460+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":"582ee012f9b5239ad6200494923d29251a5c3729","claim":"Scilex Holding Co entered into Second Convertible Debenture with YA II PN, Ltd. valued at $7,500,000 (effective 2023-04-11).","evidence_excerpt":"On April 11, 2023, the Company consummated the second closing (the “Second Closing”). In connection with the Second Closing, the Company issued a second convertible debenture dated April 11, 2023 (the “Second Convertible Debenture”) to Yorkville in the principal amount of $7,500,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820190/000119312523097796/0001193125-23-097796-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"YA II PN, Ltd."},{"label":"Value","value":"$7,500,000"},{"label":"Effective","value":"2023-04-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}